Indonesia’s Tax Ratio 11%

JAKARTA (Yosefardi) – Indonesia’s tax ratio now reaches 11%, lower than other neighboring countries such as Philippine (12%), Malaysia (16%), and Singapore (22%), Tax Office reported on Friday (June 5). This reflects low awareness of Indonesian citizens...

Adira and PNM to Issue Bonds

JAKARTA (Yosefardi) – PT Adira Dinamika Multi Finance Tbk (ADMF) plans to issue bonds and syariah bonds (Islamic bonds) worth Rp2.5 trillion this year, of which syariah bonds amounts Rp500 billion, part of its Rp9 trillion bonds issue program. The book building...