Positive Outlook for Indonesia Economy Despite Social Restrictions The Government is optimistic about Indonesia’s economic growth for 2021 despite the social restrictions in place. The Ministry of Home Affairs remains confident that the country can still achieve the 5% economic growth. This optimism remains intact despite the large-scale social restrictions (PSBB) that are imposed in…
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3E Accounting Clinches 6 Awards at ACQ5 Global Awards 2020 ACQ5 is a leading corporate magazine news site, read exclusively by influential senior executives in the industry. Since the launch of ACQ5 Awards in 2005, the awards stood out as a first in the global legal and financial publishing industry. Despite stringent criteria of the…
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The QRIS System Is Part of Its Bid to Boost Cashless Payments As part of its bid to boost the system of cashless payments in the country, Bank Indonesia (BI) aims to double the use of its Quick Response Indonesia Standard (QRIS) System. BI is hoping that this approach will help to speed up the…
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3E Accounting Is Asia-Pacific First Robotics Accounting Firm 3E Accounting is featured in Digital Journal, a global digital media network with million-high readership, as Asia-Pacific’s first robotics accounting firm. With Innovation in our DNA, we are constantly integrating and enhancing technology into all our business processes and we are delighted with this recognition of being…
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Yahoo News Indonesia Hails 3E Accounting as Asia-Pacific First Robotics Accounting Firm 3E Accounting has been featured on Yahoo News Indonesia as the leading robotics accounting firm to put to use robotics technology, disrupting the Accounting and Professional Services industry in Asia-Pacific. The firm would like to express appreciation for the excellent report from Yahoo…
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Indonesia Collects $20.9m Digital Tax From 22 Digital Technology Companies as of October Under the recently-changed digital tax, Indonesia has garnered Rp 297 billion (US$20.9 million) from 22 digital technology enterprises, according to the Finance Ministry’s Taxation Directorate General on Monday. Aiming to implement the taxation to digital business movements in the country, the tax…
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Indonesia to Raise the Cigarette Excise Tax by 12.5 Percent for 2021 Indonesia’s state government has announced its plans to raise the minimum price of cigarettes by 12.5 % in 2021, said a finance ministry spokesperson in an effort to reduce smoking rates. The Finance Minister clarified that the government had attempted to attain a…
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Stakeholders Work to Promote Digital Sharia Economy in Indonesia Through promoting the services in Indonesia, Islamic fintech and finance institutions announced their goal of improving the community’s awareness of the digital sharia economy. The potential of the society in the industry was considered. A BWI survey showed that Indonesians only reached up to 50.4 on…
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Government Promotes Indonesian Job Creation Law to Create Quality Employment and Attract Investors Indonesian President on November 2 has signed the Job Creation Bill, or referred to as the “omnibus law,” aiming to create quality employment and attract investors by reducing logistics costs. It was considered as a response to the economic impact caused by…
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Indonesia Outlines 2025 Plans of Investing Rp725 Trillion in SEZ to Benefit More Workers The Indonesian government has outlined 2025 plans of investing Rp725 trillion in Special Economic Zones (SEZ) to benefit more workers. Tax incentives would be simplified and expanded to develop more areas and secure over $50 billion in these zones. According to…
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