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View all search resultsSpeaking before the House of Representatives’ plenary on Wednesday, Prabowo said the policy was aimed at curbing under invoicing and transfer pricing, in which exporters underreport shipment volumes to reduce tax obligations.
The China Chamber of Commerce in Indonesia (CCCI) previously sent a letter to President Prabowo Subianto, detailing a range of complaints, from the mandatory retention of foreign exchange earnings (DHE) onshore to a recent crackdown on immigration.
Trade Minister Budi Santoso sat down with The Jakarta Post’s Maudey Khalisha to discuss how the government is navigating challenges to maintain export performance due to the Iran war and rising protectionism.
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