by Teuvo Tuomi | Apr 26, 2023 | Business, Indonesia, Visions
Indonesia’s Positive Investment List allows foreign investment in over 200 business sectors, including transportation, energy, and telecommunication. Foreign investors can fully own a business in these sectors unless subject to specific limitations. The positive...
by Teuvo Tuomi | Apr 3, 2023 | Indonesia, ASEAN, Economy, EU, News
Indonesian Finance Minister Sri Mulyani has held a bilateral meeting with delegates of the European Union ASEAN Business Council (EU ABC). Vice Chairman of EU ABC Tassilo Brinzer was accompanied by 13 members coming from Swiss Re, Standard Chartered, HSBC, Prudential...
by Teuvo Tuomi | Mar 23, 2023 | Indonesia, Economy, News, Southeast Asia, Technology
Indonesia has issued various incentives to attract investments into its new capital city, Nusantara. The incentives range from income tax holidays to import tax exemptions as well as the permission to hire foreign workers for up to 10 years. Nusantara is estimated to...
by Teuvo Tuomi | Mar 15, 2023 | Economy, Asia, Business, Indonesia, News
Indonesian Trade Minister Zulkifli Hasan would like Indonesia and India immediately start negotiating the bilateral Preferential Trade Agreement (PTA), which has been under consideration since 2020. “The PTA can optimize the economic potentials of the two...
by Teuvo Tuomi | Mar 11, 2023 | ASEAN, Business, Economy, Southeast Asia
With the exception of Thailand, the five largest economies in Southeast Asia (ASEAN-5) will show lower growth this year. The main reasons for this are tight financial conditions and weak external demand, according to Atradius. Growth of private consumption and...
