Presidential Regulation No. 36/2020 issued last week would expedite the implementation of the government’s pre-employment card, which would subsidize training programs for the workforce. Read more ...
Bank Indonesia spends Rp 110t to stabilize markets as virus stokes sell-off
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Full salary: Manufacturing workers freed from six-month income tax burden
temporarily exempt manufacturing workers from income tax payment (PPh 21) Read more ...
Indonesia set to delay import duties, corporate income tax payments to cope with virus effects
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COVID-19: Indonesia bars people from hardest-hit regions in Iran, South Korea, Italy
The temporary ban, which will come into effect on Sunday, would prevent people who had visited certain regions in the three countries in the last 14 days from visiting or transiting in IndonesiaThe policy will affect people who have a recent history of travel to Tehran, Qom and Gilan in...
Coronavirus Update; MRT Begins Checking Passengers’ Temperature
PT MRT Jakarta (Perseroda) has started to take passengers' body temperature as a preemptive measure against the coronavirus outbreak. The body temperature checks are conducted at all station entrances. Passengers with symptoms of high fever are denied entry.Jakarta MRT has in parallel issued a special director's regulation to strengthen the...
Bank Indonesia announces 5 measures to support rupiah amid market rout
First, starting March 16, the requirement for banks to store their dollar funds at BI, called the US$ reserve requirement ratio (RRR), would be lowered to 4 percent from 8 percent at present. Second, the rupiah RRR is also being lowered by 50 basis points (bps), but only for banks...
Indonesia bars entry to visitors from China amid evacuation protest
Indonesia will temporarily stop flights to and from mainland China starting Wednesday. It will immediately bar visitors who have been in China for 14 days from entering or transiting, Foreign Minister Retno Marsudi told a televised news conference. Read more ...
