New Agreement to Boost Indonesian Exports to South Korea Exports to South Korea to support strategic relations with Indonesia Indonesia and South Korea are forging a more robust economic partnership to commemorate their five decades of diplomatic ties. The Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) comes into force as of January 2023. It will mutually…
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Indonesia Maintains Smaller Deficit in Its 2022 Budget With a GDP deficit of 2.38% (Rp 464.3 trillion or $29.7 billion), Indonesia successfully maintains a smaller deficit in its 2022 budget. This marks a remarkable drop of 40.1% compared to the country’s budget a year earlier. Back in 2020, during the COVID-19 pandemic, Indonesia’s deficit was…
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Indonesia Reaches New Heights With Its Trade Surplus Recording a staggering surplus of US$5.16 billion last November, Indonesia has reached 31 consecutive months of trade surplus. With the value of exports exceeding the imports, Indonesia’s trade surplus has grown since May 2020. There is a stark difference in balance that has exceeded expectations. The exports…
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3E Accounting Group Extends Foothold to Penang and Indonesia Singapore company incorporation giant 3E Accounting has extended its reach yet again. This time opening offices in Penang and Indonesia. As the innovative leader in all things related to company incorporation, 3E Accounting understands how important it is for clients to stay one step ahead. If…
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Empowering Women to Achieve Sustainable Business Development Gender equality key driver of sustainable business development Indonesia’s Ministry of Women’s Empowerment and Child Protection is encouraging the business world to embrace gender equality. The Ministry firmly believes that only by empowering and including women can Indonesia attain sustainable business development. According to the Ministry, the country’s…
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Indonesian Enterprises in Showcase of Success State-owned Indonesian Enterprises steal the limelight at G20 Forum. The Republic of Indonesia is riding high as Indonesian enterprises continue to drive a robust economy. The country was able to showcase the outstanding achievements of state-owned enterprises at the recent G20 Forum in Bali. Indonesia’s economic improvement continues due…
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APEC’s Sustainable Recovery Strategy with Women’s Empowerment Women’s empowerment remains a key focus of economic recovery The APEC Women and The Economy Forum continues to focus on women’s empowerment. The Forum aims to maintain the drive for gender equality toward better and sustainable economic recovery. The way forward is by ensuring viable and equal growth…
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Promoting Indonesia’s Downstream Mineral Sector Export structure and incentives to encourage Indonesia’s downstream mineral sector Indonesia’s Ministry of Investment is encouraging businesses to rapidly set up downstream mineral operations. The Ministry is currently structuring its export segment and adding to its investment incentives. This is part of the Government’s strategy to sustain and boost its…
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Indonesia: Foreign Direct Investment (FDI) Increases By 40% Indonesia is experiencing a boom in their economy, with a rise of 40% in the second quarter of this year alone. The biggest economy in Southeast Asia, Indonesia’s Foreign Direct Investment (FDI), had an increase of 39.7% from April-June, making it the biggest increment in the previous…
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PT 3E Accounting Services Recognised as An Approved Employer By the ACCA As of 17 August 2022, PT 3E Accounting Services can proudly say it is now recognised by the ACCA as an approved employer. Who Are the ACCA? The ACCA is the Association of Chartered Accountants. Based in London, the ACCA is the…
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