Govt Grants Tax Allowances

JAKARTA (Yosefardi) – Government of Indonesia has set 52 business segments and 43 business segments outside Java to be granted tax incentives (tax allowances) with minimum investment of Rp50 billion and minimum 50 workers employed. This tax allowances is set on...

Indosat to Refinance Debt $650 Million

JAKARTA (Yosefardi) – PT Indosat Tbk (ISAT) will refinance its debt of US$650 million, equivalent Rp8.45 trillion, in July this year, Investor Daily reported this morning. ISAT’s debt scheduled to mature within next 12 months amounts Rp12 trillion. As of...