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Popular Reads

Much ado about asset forfeiture
Mass poisonings cast doubt on free meals reforms
New data rules could unlock cross-border data flows
Osama the gamer: A list of Bin Laden’s video games from his hard drive
Free meals face seven-day ultimatum, possible lawsuit

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Popular Reads

Much ado about asset forfeiture
Mass poisonings cast doubt on free meals reforms
New data rules could unlock cross-border data flows
Osama the gamer: A list of Bin Laden’s video games from his hard drive
Free meals face seven-day ultimatum, possible lawsuit

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state-revenue

Govt unfreezes Rp 169t amid slow free meals rollout
Economy 11 months ago

PREMIUM
Govt unfreezes Rp 169t amid slow free meals rollout

The Finance Ministry has unfrozen a large chunk of budget funds earmarked earlier this year for big-ticket flagship initiatives as spending on the free nutritious meal program has not scaled up as fast as anticipated.
Cracking the shadow economy to meet 2026 revenue goals
Academia 1 year ago

PREMIUM
Cracking the shadow economy to meet 2026 revenue goals

The World Bank has estimated that Indonesia’s underground economy, a vast, hidden reservoir flowing beneath the surface, accounts for around 22 percent of GDP.
Employers warn against hike in tobacco excise to meet state revenue goal
Regulations 1 year ago

PREMIUM
Employers warn against hike in tobacco excise to meet state revenue goal

The Indonesian Employers Association (Apindo) has warned against a potential hike in the tobacco excise as the government looks to beef up state revenue next year without increasing taxes.
Oil and gas revenue to miss target amid price slips
Economy 1 year ago

PREMIUM
Oil and gas revenue to miss target amid price slips

While revenue has weakened, investment in the upstream sector posted strong growth.
Finance Minister flags looming revenue shortfall amid tax slump
Economy 1 year ago

PREMIUM
Finance Minister flags looming revenue shortfall amid tax slump

In the first half of this year, the government collected Rp 1.2 quadrillion, the lowest mid-year figure in three years and 9 percent below the same period in 2024.
Govt won’t raise taxes, plans to lower rates: Hashim
Regulations 1 year ago

PREMIUM
Govt won’t raise taxes, plans to lower rates: Hashim

Hashim Djojohadikusumo, a top adviser to and brother of President Prabowo Subianto, said the government is seeking ways other than increasing tax rates to shore up tax revenue.
Fiscal revenue down 17% yoy in first quarter
Economy 1 year ago

PREMIUM
Fiscal revenue down 17% yoy in first quarter

In its monthly update for March, the Finance Ministry said state revenue had fallen 17 percent in the first three months of this year compared to the first quarter last year amid weaker corporate earnings.
Indonesia sees slight dip in tax compliance amid extended holidays
Regulations 1 year ago

PREMIUM
Indonesia sees slight dip in tax compliance amid extended holidays

Only 12.34 million taxpayers submitted their tax returns before this year's April 1 deadline. The figure falls short of last year’s 12.7 million tax return submissions under a similar deadline.
Cashing in mining royalties
Editorial 1 year ago

Cashing in mining royalties

For decades, the nation’s extractive industries have been plagued by issues such as corruption and regulatory inconsistency, as well as unfair profit-sharing mechanisms with local governments.
RI retains credit rating amid promising growth, but revenue concerns persist
Economy 1 year ago

PREMIUM
RI retains credit rating amid promising growth, but revenue concerns persist

Credit rating agencies warn that a downgrade could be on the horizon if the government struggles to sustain economic growth or allows the fiscal deficit to widen by prioritizing political commitments over prudent financial management.

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