NEWS

The Ministry of Finance reported the deficit in the State Budget (APBN) reached Rp77.3 trillion or 0.34% of the Gross Domestic Product in the first semester of 2024. This realization remains in the government’s target range. This deficit was affected by the 11.3% growth of state spending and 6.2% co... [read more]

The Nusantara Capital Authority (IKN), through PT Bina Karya (Persero,) and PT Makmur Berkah Hotel, have signed the cooperation agreement for the construction of a Marriott International Hotel in the IKN area. This agreement comprises the planning, construction, development, operation, and the comme... [read more]

PT MNC Land Tbk (KPIG) is completing various projects in the Special Economic Zone (SEZ) of MNC Lido City. In the second half of 2024, three projects will be launched, including the Trump International Golf Club-Lido, Trump Residences Lido, and Hyatt Regency Lido. MNC Land to present an exceptional... [read more]

Indonesia’s tax system is entering a new era. The Tax Directorate General Information System (SIDJP) will be replaced with the Core Tax Administration System (CTAS) or Sistem Inti Administrasi Perpajakan (SIAP). Currently, SIAP system is under the trial phase. The system is expected to make the taxa... [read more]

The Central Bureau of Statistics recorded the number of foreign tourist visits to Indonesia in May 2024 with 7.36% increase, reaching 1.14 million visits and increased by 20,11% from the same month in the previous year. Cumulatively, the total foreign tourist visits in the first five months of 2024... [read more]