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Indonesia Economy Forum

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A related news....hope the target will be reached or be overlapped...EMERGENCY that was great!

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Dirjen Pajak Tetapkan Keadaan Luar Biasa‎ di 4 Tempat

TRIBUNNEWS.COM, JAKARTA -‎ Direktorat Jenderal (Ditjen) Pajak menetapkan keadaan luar biasa pada tempat penerimaan surat pernyataan harta (SPH), di Kantor Pusat Ditjen Pajak dan beberapa Kanwil DJP Wilayah Jakarta.

‎Direktur Penyuluhan, Pelayanan, dan Hubungan Masyarakat Ditjen Pajak Hestu Yoga Saksama‎ mengatakan, penetapan keadaan luar biasa ini karena adanya peningkatan jumlah antrean wajib pajak yang ingin memanfaatkan pengampunan pajak dengan tarif terendah.

Adapun status keadaan luar biasa ditetapkan di Kantor Pusat Ditjen Pajak, KPP Madya Jakarta di Jalan Ridwan Rais, Kanwil DJP JakartaKhusus di Jalan Kalibata, dan Kanwil DJP Wajib Pajak Besar di Jalan Sudirman.

"Ini sudah sedemikian padat ant‎reannya, karena wajib pajak mengejar tarif 2 persen," ujar Yoga di Kantor Pusat Ditjen Pajak, Jakarta, Kamis (29/9/2019).

Menurut Yoga, untuk status keadaan luar biasa mulai diberlakukan pada hari ini pukul 12.30 WIB (dua shift) hingga Jumat 30 September 2016.

Yoga menjelaskan, ‎prosedur penerimaan SPH dilakukan mengacu pada Peraturan Direktur Jenderal Pajak Nomor PER-14/PJ/2016 tentang Tata Cara Penerimaan Surat Pernyataan Dalam Hal Terjadi Gangguan Pada Jaringan dan/atau Keadaan Luar Biasa Pada Akhir Periode Penyampaian Surat Pernyataan Harta (SPH).

"Wajib pajak yang menyampaikan SPH pada keadaan luar biasa akan menerima tanda terima sementara (TTS), yang selanjutnya dalam waktu paling lama lima hari kerja dilakukan penelitian berkas dan diterbitkan tanda terima SPH," paparnya.

Kemudian, wajib pajak dapat mengambil tanda terima SPH secara lamgsung di tempat penyampaian SPH, atau apabila dikehendaki untuk dikirimkan melalui Pos, dapat menyampaikan kepada petugas penerima atau peneliti SPH pada saat menyampaikan SPH.

"Nanti WP akan menerima tanda terima sementara sebagai bukti, tapi belum merupakan bukti yang sah, dimana proses selanjutnya dilakukan penelitian petugas kami dalam waktu lima hari maka dikeluarkan tanda terima sebenar-benarnya," pungkas Yoga. (*)
Thank You very much bro, you give us the clear describtive about the tax amnesty's program.
We thanks those who have work hard in the process.
Thanks, hope that these will be for the best of our nation interest.
 
WEDNESDAY, 28 SEPTEMBER, 2016 | 19:46 WIB
Indonesia`s Nuclear Preparedness Strong: IAEA
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TEMPO.CO, Jakarta - The International Atomic Energy Agency (IAEA) viewed that Indonesia has a significant commitment to nuclear and radiological emergency preparedness and response (EPR).

“Indonesia demonstrates a significant commitment to nuclear and radiological emergency preparedness and response. It is reflected on the authorities commitment to the nuclear preparedness,” Toshimitsu Homma, IAEA’s chief of the emergency preparedness and response evaluation team (EPREV), said in a press conference in Jakarta on Wednesday, September 28, 2016.

The EPREV team, consisting of five IAEA’s nuclear experts, conducted a 10-day work visit, concluded on September 28, 2016, to identify Indonesian government readiness to build and operate the national nuclear preparedness.

Homma revealed that the Indonesian government has been successful in formulating the framework for nuclear and radiological emergency preparedness and response.

The team also emphasized that the nuclear preparedness system must be established at the national scale and integrated to the emergency response system.

Homma also called for finalization and implementation of the action plan on the nuclear preparedness in Indonesia.

Dedik Eko Sumargo, director of preparedness and technical support at the Nuclear Energy Regulatory Agency (Bapeten), revealed that it was the third time for the IAEA inspecting Indonesia’s nuclear preparedness.

“Earlier in 1999, we had red scores [on the preparedness]. Now they’re getting better, reflecting that Bapeten’s commitment to nuclear preparedness has improved,” he said.

Dedik claimed that the results also reflected Indonesia’s readiness to build nuclear power plants anytime and that Bapeten would be ready to supervise the development based on international standards.

“So, the safety standards will be equal with those in Japan.”

ANTARA
Hope that this fact could be a positive trigger for the Nuclir power to come.
 
Gandeng Repsol, Pertamina Bangun Bahan Kelenturan Ban Rp 1 T di Cilacap


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Jakarta - PT Pertamina (Persero) menandatangani perjanjian kerja sama dengan Repsol untuk membangun pabrik TDAE (Treated distillate aromatic extract) atau zat additive kelenturan karet untuk produk ban.

VP Corporate Communication Pertamina, Wianda Pusponegoro, mengatakan pabrik ini akan dibangun di area RU IV Cilacap.

"TDAE (Treated distillate aromatic extract) merupakan bahan baku untukadditive produk karet yang ramah lingkungan," kata Wianda dalam keterangannya, Kamis (29/9/2016).

Investasi yang dibutuhkan untuk pembangunan pabrik ini adalah US$ 80 juta atau Rp 1 triliun lebih.

"Rencana ini telah melalui proses feasibility study baik ekonomi maupun teknis sekitar 2 tahun," ujar Wianda.

Kapasitas produksi pabrik ini diperkirakan sekitar 60 ribu ton per tahun dengan kualitas yang tinggi. Pabrik ini ditargetkan beroperasi di 2019.

Rencananya produk yang dihasilkan dari pabrik ini akan dipasarkan ke Asia Tenggara. (wdl/hns)

detik.com
 
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September 29, 2016
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September 30, 2016

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Changes within 24hrs:
Total Declared Assets + 518 Trillion Rupiah
Total Repatriated Assets + 13 Trillion Rupiah
Total Payment Received
+ 5.7 Trillion Rupiah
Still going strong with addition of almost IDR 6 trillion of tax gathered in about 24 hrs :yahoo:

:cheers:
 
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Indonesia Receives Tourism Awards in Africa
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TEMPO.CO, Jakarta - Indonesia achieves two prestigious awards in South Africa’s biggest exhibition and travel exchange, The Gateway Show Africa, on September 23-25, 2016, at the Ticketpro Dome, Johannesburg.

Tourism Ministry official Nia Niscaya said that Indonesia received the Best International Destination award and the highest award; the Spirit of Getaway 2016 award.

“We hope through the awards, the public's eyes, especially in Africa and its surrounding, would be opened about Indonesian tourism,” Nia added.

The Getaway Show officials gives their appreciation to the Wonderful Indonesia team for their participation at the event by providing a variety of attractions and unique foods.

“The officials send their appreciation to Indonesia and thanks for the delicious treats such as the Padang coffee, Indonesian culinary rendang, also for the dance show and the hospitality in receiving guests that visit the Wonderful Indonesia booth,” she said.

The Wonderful Indonesia team featured service products such as the Nusa Dua Beach Hotel Bali, Holiday Inn Bandung, Maya Resort Bali, Bhara Tours Bandung, Singapore Airlines, also local travel providers, Afronesia Tours and The Facets.

Deputy of Foreign Tourism Marketing Development I Gde Pitana said that Indonesia’s involvement in The Getaway Show is one of the strategies to optimize the effort to pomote Indonesian tourism in Africa that has a huge potential.
 
Indonesia's Garuda's US return to generate 5 percent of 2017 revenue: CEO
  • Posted 01 Oct 2016 03:45
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Workers clean the body of a Garuda Indonesia Airbus A320 aircraft inside Hangar 4 of PT Garuda Maintenance Facility (GMF) Aero Asia at Soekarno-Hatta airport in Jakarta, September 28, 2015.
MONTREAL: Garuda Indonesia's , the country's national carrier, expects its return to the United States next year with three flights a week to generate about 5 percent of the airline's top-line passenger revenue for 2017, its chief executive said.

The airline is now negotiating rights to start service from Jakarta to Los Angeles via Japan, Chief Executive Officer Arif Wibowo said in an interview. He said the new flights would be a "milestone" for Garuda, which reported US$3.81 billion in total operating revenues in 2015.

Garuda's plans follow an August announcement by the U.S. Federal Aviation Administration (FAA) that Indonesia's aviation safety performance now meets international standards, allowing its carriers to fly to the United States.

The FAA removed the ability of the country's carriers to fly to the United States in 2007. The southeast Asian nation has struggled with a patchy aviation record.

Garuda is also considering a route to New York via Europe, where it flies to Amsterdam and London.

"What we are aiming is to ... grab market between Indonesia and the U.S.," Wibowo told Reuters late Thursday on the sidelines of a United Nations aviation assembly in Montreal.

"We can start from three flights per week. Eventually we are also aiming to become a daily flight."

Traffic between the United States and Indonesia is about 400,000 passengers a year, he said.

Garuda is publicly traded but the Indonesian government is its largest shareholder with a 60 percent stake.

The fast-growing carrier is in negotiations with planemaker Boeing Co and rival Airbus Group SE for at least 22 widebody planes to replace A330s that the carrier has on an operating lease, Wibowo said.

(Editing by Jeffrey Benkoe)

- Reuters
 
Indonesia's Garuda's US return to generate 5 percent of 2017 revenue: CEO
  • Posted 01 Oct 2016 03:45
workers-clean-the-body-of-a-garuda-indonesia-airbus-a320.jpg

Workers clean the body of a Garuda Indonesia Airbus A320 aircraft inside Hangar 4 of PT Garuda Maintenance Facility (GMF) Aero Asia at Soekarno-Hatta airport in Jakarta, September 28, 2015.
MONTREAL: Garuda Indonesia's , the country's national carrier, expects its return to the United States next year with three flights a week to generate about 5 percent of the airline's top-line passenger revenue for 2017, its chief executive said.

The airline is now negotiating rights to start service from Jakarta to Los Angeles via Japan, Chief Executive Officer Arif Wibowo said in an interview. He said the new flights would be a "milestone" for Garuda, which reported US$3.81 billion in total operating revenues in 2015.

Garuda's plans follow an August announcement by the U.S. Federal Aviation Administration (FAA) that Indonesia's aviation safety performance now meets international standards, allowing its carriers to fly to the United States.

The FAA removed the ability of the country's carriers to fly to the United States in 2007. The southeast Asian nation has struggled with a patchy aviation record.

Garuda is also considering a route to New York via Europe, where it flies to Amsterdam and London.

"What we are aiming is to ... grab market between Indonesia and the U.S.," Wibowo told Reuters late Thursday on the sidelines of a United Nations aviation assembly in Montreal.

"We can start from three flights per week. Eventually we are also aiming to become a daily flight."

Traffic between the United States and Indonesia is about 400,000 passengers a year, he said.

Garuda is publicly traded but the Indonesian government is its largest shareholder with a 60 percent stake.

The fast-growing carrier is in negotiations with planemaker Boeing Co and rival Airbus Group SE for at least 22 widebody planes to replace A330s that the carrier has on an operating lease, Wibowo said.

(Editing by Jeffrey Benkoe)

- Reuters

22 planes to be buy for replacement... goverment must push for offset negotiation... even better if the transaction can be hitchike with a 'tot' deal...

We have the money... whether the deal will be finance by a local banks consortium or a foreign one, we still have to pay the value... we have the upper hand to insist a better purchase negotiation for our side...

Even a small fraction of technology will be enough... our goverment should emphasize in this deal... it is a state own enterprise anyway...

Just wonder... if every planes or helicopter bought by our soe or private company can implicate an offset deal... or a transfer of technology deal... we can catch up the pace in no time...
 
OJK Signs Agreement with Kazakh Financial Institution

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http://en.tempo.co/read/news/2016/0...s-Agreement-with-Kazakh-Financial-Institution

TEMPO.CO, Jakarta - The Financial Service Authority (OJK) has established cooperation with Kazakhstan’s Astana International Financial Center (AIFC).

OJK’s Deputy Commissioner for First Banking Monitoring Mulya E. Siregar said the cooperation is aimed at supporting the development of domestic financial service industry.

According to Mulya, the cooperation include development of appropriate financial monitoring mechanism both for conventional and shariah financial markets. “Cooperation will be made by exchanging knowledge and expertise or capacity building programs,” he said Thursday in Jakarta.

Monitoring will be made in prudential standards and market conduct of financial institution monitoring, financial product and market development, crisis management and financial institution resolution, global monitoring reform and agreements in international forum, etc.

Aside from signing the agreement, OJK and AIFC have held talks about shariah finance, financial technology (fintech), financial inclusion, capacity building as well as training and prudential standards.

AIFC was established in 2015 a the initiative of Kazakh President Nursultan Nazarbayev in a bid to turn the country into a leading financial hub for Central Asia, the Caucasus region, the Eurasian Economic Union (EAEU), the Middle East, Western China, Mongolia and Europe.

AIFC is designed to attract foreign investment, develop banking sector, facilitate insurance businesses and shariah financial institutions. Also to draw world leaders in financial service sector to support Kazakhstan in developing best practices, creating stability and boosting Kazakh economic growth



Indonesia-Iran considering cooperation in development of aircraft industry

http://www.antaranews.com/en/news/1...operation-in-development-of-aircraft-industry

Jakarta (ANTARA News) - Indonesia and the Islamic Republic of Iran are studying possibility of cooperation in the development of civil aircraft industry as currently Iran needs to renew a large number of its aircraft for civil aviation service.

The Policy Study and Development Body (BPPK) of the Foreign Ministry said here on Friday, PT Dirgantara Indonesia (PTDI) could study cooperation with the Iran Aircraft Manufacturing Industrial Company (HESA).

The cooperation possibility was an important point in the economic discussion during the visit of an Iranian government delegation to the state-owned aircraft factory PTDI in Bandung on Thursday.

The visit by the Iranian delegation is part of the activities of 5th "Policy Research Consultation" (PRC) of Indonesia-Iran, between BPPK and the Institute for Political and International Studies (IPIS), a think tank of the Iranian Foreign Ministry held by Asia Africa Museum in Bandung.

The Iranian delegates included Iranian Ambassador to Indonesia Valiollah Mohammadi and Vice President of IPIS Dr Sayed Rasoul Mousavi.

PRC is an annual activity of BPPK and IPIS to exchange views and information about position and foreign policy of the two countries - bilaterally, regionally and internationally.

BPPK said after the implementation of "Joint Comprehensive Plan of Action" (JCPOA) on 16 January 2016, followed with the lifting of international economic sanction on Iran, that country needs many units of aircraft for civil aviation.

The lifting of the economic on Iran opened an opportunity for Indonesia to develop closer cooperation with Iran, an oil rich country with a population of 80 million.

Large purchase of aircraft by Iran has been widely reported by international mass media. Iran was reported signing a contract for the purchase of 100 units of Boeing air craft at a price of US$17 billion in Sept 2016, and 118 units of Airbus aircraft valued at US$25 billion in January, 2016.

The U.S. finance ministry allowed the purchases by phases.

Iran also is studying purchase of aircraft from the Brazilian aircraft maker Embraer.

Technology and Development Director of PTDI, Andi Alisjahbana, said PTDI, which already has international reputation as an aircraft maker has a big opportunity to sell aircraft to Iran.

Propeller aircraft products of PTDI are suitable for domestic flights, Andi said.

So far, PTDI has exported aircraft to various countries including Brunei Darussalam, Malaysia, Thailand, the Philippines, South Korea, Pakistan, Turkey, the United Arab Emirates, Burkina Faso, Senegal, and Venezuela



Indonesia to send 11 start-ups to Turkey

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http://www.antaranews.com/en/news/106986/indonesia-to-send-11-start-ups-to-turkey

Jakarta, Sept 30 (Antara) - The Creative Economy Agency (Bekraf) will send 11 start-ups to the Start-up Competition and Conference Eurasia (Europe and Asia) in Istanbul, Turkey, to be held from 6 to 10 October 2016, bringing together 428 start-ups from 135 countries.

"From the 11 start-ups, 6 start-ups will participate in the competition and five start-ups will join the conference," said Deputy Access Capital of Bekraf Fadjar Hutomo, during a press conference here on Friday.

Previously, the start-ups passed the selection process for the competition that was held by Bekraf, and then passed a second selection by the organizers of the start-up competition in Istanbul.

The six start-ups that will participate in the competition include Urbanhire (job search sites), Kostoom (platform to create custom clothing), KlikTukang (an application that connects consumers with repair and maintenance providers), Kitabis.com (fundraising sites), Cubeacon (application to help the promotion of businesses) and Hangout.deals (e-commerce selling discounted items). Six start-ups have been listed among the top 100 start-ups in the world.

While 5 other start-ups are to be participants at the conference in Istanbul, such as AppSKEP (applications in the field of care), Ur-Farm (e-commerce selling organic products), Pictalogi (platform photo printing), TARRASmart (directory of online radio Indonesia), BlumbangReksa (platform for helping shrimp farmers).

"In Turkey, they will meet with investors from throughout the world," he said.

He noted that Bekfraf will continue to encourage start-up to sell their products throughout the world.

Meanwhile, KlikTukang CEO Astrid Wibisono said KlikTukang is ready to participate and compete in the event.

"We hope to win. But certainly, this event allows us to add insights, experience, and lessons learned. In fact, we will meet with investors from abroad," he said.

In 2015, iGrow, a start-up from Indonesia, reached 2nd place in the competition in Turkey.***4***



Indonesian coffee potential grows unlimited: Australian Ambassador

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http://www.antaranews.com/en/news/1...tential-grows-unlimited-australian-ambassador


Jakarta (ANTARA News) - The Australian Ambassador to Indonesia, Paul Grigson, who is also a coffee connoisseur, said the potential in unlimited for the Indonesian coffee agriculture and industry.

In a press release from the Australian Embassy in Jakarta, received by Antara here on Friday, the ambassador said the Australians and Indonesians enjoy drinking coffee, often in cozy cafes.

"As the third largest coffee producer and exporter in the world, Indonesia is a haven for coffee addicts," he said.

He added the Australian Rural Development Program (PRISMA), which is part of the Australia Indonesia Partnership For Rural Economic Development (AIP-Rural), has helped more than 2,200 farmers and is expected to reach 10,000 coffee producers in 2018.

"I was amazed by the incredible coffee culture, where coffee can be cold fusion, pour-over or tubruk. And there's also some inspiring latte foam art," Grigson said.

"Tubruk" coffee is Indonesian-style coffee, in which coarse coffee grounds are boiled, along with solid sugar, resulting in a thick drink.

According to Grigson, during his stay in Indonesia, almost all coffee grown in the country was enjoyed by him, including Gayo coffee from Aceh, Toraja coffee from South Sulawesi, and Bajawa Flores coffee from East Nusa Tengggara.

"Jakartas thriving coffee culture not only makes it easier for me to get my coffee, but it opens up more opportunities for young people to enter the business. With many Indonesian baristas learning their art in Australia, this is a fusion of cultures we can all enjoy," the ambassador said.

Along with the increase in coffee consumption worldwide, Indonesia, as the third largest coffee producer after Brazil and Vietnam, has a great opportunity to improve the quality and volume of coffee production, in order to meet the international demand for specialty coffee.

East Java province is estimated to have 54,300 coffee farmers, and a coffee production land area equivalent to 8.1 percent of the nation's production area.

Meanwhile, East Nusa Tenggara province has about 51,752 coffee farmers and its area for coffee production reaches 57 percent of the nation's production area.
 
Medco jadi penguasa Newmont Nusa Tenggara
Sabtu, 01 Oktober

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Jakarta. PT Medco Energi Internasional (MedcoEnergi) resmi menguasai saham PT Newmont Nusa Tenggara (NNT) 82,2% melalui 50% saham PT Amman Mineral Investama setelah mendapat restu Rapat Umum Pemegang Saham Luar Biasa (RUPSLB) pada, Jumat (30/9).

Adapun akuisisi tersebut akan memberikan nilai tambah yang signifikan bagi pemegang saham dengan memberikan akses terhadap fasilitas operasi bertaraf dunia di Batu Hijau dengan cadangan terbukti sebesar 2,6 miliar pound tembaga dan 2,7 juta ons emas, serta akses kedepan terhadap temuan cadangan yang belum tergali sebesar 12,9 miliar pon tembaga dan 19,7 juta ons emas.

"Transaksi ini akan menambah besaran ekuitas dan portofolio investasi Medco, dan akan meningkatkan kontribusi pendapatan dari sektor selain energi secara material, transaksi ditargetkan rampung pada Oktober 2016." kata Roberto Lorato, CEO MedcoEnergi, dalam siaran tertulisnya, Jumat (30/9).

Selain itu, melalui Penawaran Umum Terbatas, perseroan ini akan menggalang dana yang kurang lebih setara dengan US$ 150 juta.

Dana yang diperoleh akan digunakan untuk membayar utang jatuh tempo dan untuk mendanai belanja modal. Setelah hak memesan efek lebih dulu, Medco akan memiliki struktur permodalan yang lebih kuat untuk menunjang kegiatannya yang kian berkembang.

Sementara itu, untuk pendapatan Januari-Juni 2016 sebesar US$ 281 juta dengan harga realisasi minyak US$ 38,3 per barel dan harga realisasi gas rata-rata sebesar US$ 4,18 per mmbtu. Sedangkan penghasilan dari operasi US$ 11 juta, sementara rugi bersih sebesar US$ 31 juta.

kontan.co.id
 
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Pembangunan GITET PLNPetugas Area Pelaksana Pemeliharaan (APP) Cawang PT PLN (Persero) Transmisi Jawa Bagian Barat melakukan pemeriksaan rutin panel di Gardu Induk 150 KV Mampang Dua, Jakarta, Kamis (29/9/2016). Pada tahun 2016 ini, PLN akan menyelesaikan pembangunan 53 Gardu Induk Tegangan Ekstra Tinggi (GITET) 500 KV dan membangun jaringan kabel listrik bawah tanah sejauh 60 Km untuk kota DKI Jakarta saja. (ANTARA /Widodo S. Jusuf)



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Pembangunan GITET PLNPetugas Area Pelaksana Pemeliharaan (APP) Cawang PT PLN (Persero) Transmisi Jawa Bagian Barat melakukan pemeriksaan rutin panel di Gardu Induk 150 KV Mampang Dua, Jakarta, Kamis (29/9/2016). Pada tahun 2016 ini, PLN akan menyelesaikan pembangunan 53 Gardu Induk Tegangan Ekstra Tinggi (GITET) 500 KV dan membangun jaringan kabel listrik bawah tanah sejauh 60 Km untuk kota DKI Jakarta saja. (ANTARA /Widodo S. Jusuf)



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Pembangunan GITET PLNPetugas Area Pelaksana Pemeliharaan (APP) Cawang PT PLN (Persero) Transmisi Jawa Bagian Barat melakukan pemeriksaan rutin panel di Gardu Induk 150 KV Mampang Dua, Jakarta, Kamis (29/9/2016). Pada tahun 2016 ini, PLN akan menyelesaikan pembangunan 53 Gardu Induk Tegangan Ekstra Tinggi (GITET) 500 KV dan membangun jaringan kabel listrik bawah tanah sejauh 60 Km untuk kota DKI Jakarta saja. (ANTARA/Widodo S. Jusuf)

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Perkembangan LRT JabodebekPresiden Joko Widodo berbincang dengan Gubernur DKI Jakarta Basuki Tjahaja Purnama (kiri) saat meninjau perkembangan proyek pembangunan Kereta Api Ringan atau Light Rail Transit (LRT) Jakarta-Bogor-Depok-Bekasi (Jabodebek) di kawasan Cibubur, Jakarta, Jumat (30/9/2016). Pembangunan LRT telah memasuki pengerjaan struktur pada Lintas Pelayanan 1 Cawang-Cibubur (14,5 km) dan Lintas Pelayanan 3 Cawang-Bekasi Timur (18,5 km), sementara Lintas Pelayanan 2 Cawang-Kuningan-Dukuh Atas (10,5 km) dalam tahap persiapan. (ANTARA /Widodo S. Jusuf)

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Perkembangan LRT JabodebekPresiden Joko Widodo berbincang dengan Gubernur DKI Jakarta Basuki Tjahaja Purnama (kiri) saat meninjau perkembangan proyek pembangunan Kereta Api Ringan atau Light Rail Transit (LRT) Jakarta-Bogor-Depok-Bekasi (Jabodebek) di kawasan Cibubur, Jakarta, Jumat (30/9/2016). Pembangunan LRT telah memasuki pengerjaan struktur pada Lintas Pelayanan 1 Cawang-Cibubur (14,5 km) dan Lintas Pelayanan 3 Cawang-Bekasi Timur (18,5 km), sementara Lintas Pelayanan 2 Cawang-Kuningan-Dukuh Atas (10,5 km) dalam tahap persiapan. (ANTARA/Widodo S. Jusuf)

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Perkembangan LRT JabodebekPresiden Joko Widodo didampingi Menteri BUMN Rini Soemarno (kedua kiri), Gubernur DKI Jakarta Basuki Tjahaja Purnama (kanan), Juru Bicara Kepresidenan Johan Budi (kedua kanan), dan Dirut PT Adhi Karya (Persero) Tbk Budi Harto (kiri) meninjau perkembangan proyek pembangunan Kereta Api Ringan atau Light Rail Transit (LRT) Jakarta-Bogor-Depok-Bekasi (Jabodebek) di kawasan Cibubur, Jakarta, Jumat (30/9/2016). Pembangunan LRT telah memasuki pengerjaan struktur pada Lintas Pelayanan 1 Cawang-Cibubur (14,5 km) dan Lintas Pelayanan 3 Cawang-Bekasi Timur (18,5 km), sementara Lintas Pelayanan 2 Cawang-Kuningan-Dukuh Atas (10,5 km) dalam tahap persiapan. (ANTARA/Widodo S. Jusuf)

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Perkembangan LRT JabodebekPresiden Joko Widodo didampingi Menteri BUMN Rini Soemarno (kiri) dan Gubernur DKI Jakarta Basuki Tjahaja Purnama (kanan) meninjau perkembangan proyek pembangunan Kereta Api Ringan atau Light Rail Transit (LRT) Jakarta-Bogor-Depok-Bekasi (Jabodebek) di kawasan Cibubur, Jakarta, Jumat (30/9/2016). Pembangunan LRT telah memasuki pengerjaan struktur pada Lintas Pelayanan 1 Cawang-Cibubur (14,5 km) dan Lintas Pelayanan 3 Cawang-Bekasi Timur (18,5 km), sementara Lintas Pelayanan 2 Cawang-Kuningan-Dukuh Atas (10,5 km) dalam tahap persiapan. (ANTARA/Widodo S. Jusuf)

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Perkembangan LRT JabodebekPresiden Joko Widodo meninjau perkembangan proyek pembangunan Kereta Api Ringan atau Light Rail Transit (LRT) Jakarta-Bogor-Depok-Bekasi (Jabodebek) di kawasan Cibubur, Jakarta, Jumat (30/9/2016). Pembangunan LRT telah memasuki pengerjaan struktur pada Lintas Pelayanan 1 Cawang-Cibubur (14,5 km) dan Lintas Pelayanan 3 Cawang-Bekasi Timur (18,5 km), sementara Lintas Pelayanan 2 Cawang-Kuningan-Dukuh Atas (10,5 km) dalam tahap persiapan. (ANTARA/Widodo S. Jusuf)
 
Foreign guests of star rated hotels in Manado stay longer
Jumat, 30 September 2016 17:44 WIB | 615 Views
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Foreign tourists enjoy views of the afternoon on the dock of the three colors Lake Linow at Tomohon (32 km from the city of Manado), North Sulawesi, on Thursday (March 10, 2016). (ANTARA/Adwit B. Pramono/P003)

Manado (ANTARA News) - Foreign guests of star-rated hotels stayed longer in Manado, North Sulawesi, the provincial office of the Central Bureau of Statistics (BPS) said on Friday.

In July, 2016, the length of stay of foreign guests of star rated hotels averaged 3.81 days , up from 3.25 days in the previous month, head of the provincial BPS Moh Edy Mahmud said here.

Edy said the steady increase in the length of stay from month to month indicated growing number of foreign visitors to the province.

"The more foreign visitors to the province the better for us," he said, adding, the trend is expected to continue as the impact would be positive for the economy of the province.

Spokeswoman of the Sintesa Peninsula Hotel Julita Wowor said the number of foreign visitors to Manado was growing especially from China.

The number of foreign guests in the city center in Manado remained low but the length of stay is higher, she said.

Most visitors chose to stay in suburban areas where they enjoy the natural beauty, she added.
(Uu.H-ASG/O001)

http://www.antaranews.com/en/news/106981/foreign-guests-of-star-rated-hotels-in-manado-stay-longer


Jokowi’s vision jacks up August cement consumption
  • Adam Rizky Nugroho
    Bareksa
Jakarta | Wed, September 21 2016 | 07:12 am
2016_08_20_10144_1471683747._large.jpg
Workers unload cement from a warehouse.(Kontan/Carolus Agus Waluyo)

After a tough year, the cement industry has started to see the light. The vigorous development of infrastructure and property, part of President Joko “Jokowi” Widodo’s vision, started to have a positive impact on cement consumption in August.

Based on Indonesia Cement Association (ASI) data, national cement consumption in August 2016 touched 5.9 million metric tons, up 9 percent from the same month in the previous year. The increase in August represented the highest year-on-year growth since early 2016.

Sales outside Java were the main driver of growth. Cement consumption in Sumatra and Nusa Tenggara grew by 17.6 percent and 17 percent, respectively. Sales in Sulawesi climbed 14 percent while Java only rose by 4.1 percent.

The increasing cement consumption in August sent good signals for the industry, which experienced its lowest growth last year. National cement consumption was only 60 million tons, up by 0.9 percent from a year earlier.

It was the lowest growth in the last five years, which recorded an average growth rate of 8 percent per annum.

"Looking at the demand trend, the big cycle tends to give some guidance that demand normally picks up after one or two years of sluggish growth," said Joko Sogie and Ryan Daniel, analysts at Deutsche Verdhana Indonesia, in a report dated Sept. 13.

Historically, they are correct. After experiencing sluggish growth in 2009, ASI data showed the growth of cement consumption recovered to 6 percent in 2010 and hit 17.7 percent in 2011, the highest growth in the previous five years.

2016_09_20_12359_1474375046._large.jpg
Source: Indonesia Cement Association (ASI), Bareksa.com(Bareksa/Chart)


GDP growth

The pickup in cement consumption after 2009 was strongly supported by the recovery in gross domestic product (GDP) growth.

Due to a global slowdown after the subprime mortgage crisis hit the US as the largest economy in the world, Indonesia's GDP grew only 4.2 percent in 2009, the lowest since 2002.

A year later, Indonesia's GDP started to recover and grew by 6.5 percent in 2011, the highest rate since 1996.

Meanwhile, Indonesia's cement industry remains quite promising with the vigorous development of infrastructure being driven by the government.

In addition, policies such as lowering financial income tax on property, the tax amnesty and a relaxation on the loan to value (LTV) ratio were believed to be supportive enough for the property industry, which is one of the largest cement consumers in Indonesia. (ags)

Source: Bareksa.com
 
not many to know about Jakarta is currently one of the city who holds most highrise building in ASEAN, far ahead than Manila, Kuala Lumpur and Singapore....
 
THE WALL STREET JOURNAL
WORLD ASIA
Indonesia Rakes in Billions as Tax Amnesty Gathers Steam
Program to bring home money stashed overseas by the wealthy has brought in $10.5 billion

BN-QB397_0930in_M_20160930114035.jpg

People wait at a help desk for tax amnesty at Indonesia’s tax headquarters in Jakarta on Friday. PHOTO: REUTERS

By I MADE SENTANA
Sept. 30, 2016 11:46 a.m. ET


JAKARTA—A tax amnesty program launched by Indonesia to bring home money stashed overseas by wealthy individuals has attracted 135.4 trillion rupiah (US$10.5 billion) in asset repatriation since July, the government said Friday.

The announcement came at the end of the final day of the most generous terms, as low as 2% penalties, offered to those participating in the tax program, which will continue for six months. The central bank hopes the program will attract 560 trillion rupiah (US$43 billion) in asset repatriation, which is expected to increase the amount of funds available for investment in the country.

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The Tax Directorate General’s office said that the program also so far brought in 86.9 trillion rupiah (US$6.7 billion) to state coffers from penalties paid in exchange for pardons, or more than half the 165 trillion rupiah that are eventually expected. Penalties are also paid on domestic assets undeclared previously and offshore assets declared but left outside the country.

“The (results) are very encouraging,” Finance Minister Sri Mulyani Indrawati told reporters. “We are very touched and grateful with the public enthusiasm. It shows big trust of the government’s tax management.”

The program is aimed at encouraging rich Indonesians to bring back some of an estimated 3.517 quadrillion rupiah (US$273 billion) of assets they keep overseas, get taxpayers to declare undisclosed assets both in the country or overseas, increase the number of taxpayers and get more businesses to enter the formal economy.

President Joko Widodo’s administration is striving to boost tax revenue to help fund much-needed infrastructure projects across this sprawling and unevenly developed archipelago nation, home to 250 million people, as commodity and oil busts drastically reduced government revenue collection.

After a slow start, the program received a shot in the arm in recent days. A series of Indonesian business captains such as James Riady, chief executive of the Lippo Group, Anthoni Salim, head of the powerful Salim family that controls the world’s largest instant noodle maker Indofood, Franky Widjaja from the Widjaja family that controls Asia Pulp and Paper showed up at the tax offices in Jakarta.

They declared assets they haven’t reported in the past and promised to repatriate part of those currently kept outside the country, mostly in neighboring Singapore.

Their public appearances seem to encourage not only other wealthy Indonesians but also ordinary citizens to visit tax offices around the country, declaring assets they haven’t in the past or to pay tax for the first time. A stick looms after the amnesty ends: a 200% penalty will be imposed on undeclared assets, with the threat of legal action for possible tax evasion.

Analysts credited the warm response to the program not only to the low penalties, but also to Mr. Widodo’s tireless efforts to visit large taxpayers and also Singapore, where wealthy Indonesians and companies are believed to park about $250 billion of assets.

“We took part in the program to keep our promise to the president we conveyed to him during a recent meeting,” Franciscus Welirang, Mr. Salim’s brother-in-law, said Friday.

The participation reflects improving trust between the business community and Mr. Widodo’s administration, especially after he appointed Ms. Sri Mulyani as finance minister in August. She is a respected former minister known for reforming Indonesia’s tax regime and a former World Bank managing director.

Write to I Made Sentana at i-made.sentana@wsj.com

http://www.wsj.com/articles/indonesia-rakes-in-billions-as-tax-amnesty-gathers-steam-1475250405
 
not many to know about Jakarta is currently one of the city who holds most highrise building in ASEAN, far ahead than Manila, Kuala Lumpur and Singapore....

Yes you're right...
And many more highrise added from the surrouding city, like bekasi and tangerang with trend to build a business block, that many highrise building built in one area. Moreover there are many sporaded highrise building are being built too, both in urban and suburban, was mostly apartement and hotel.

Lippo karawaci tangerang next development...
Page_15.JPG



About jakarta highrise building, sometimes all of you try to pass the non toll flyover in kuningan and feel the little something different...!

541649562.jpg


Its true jakarta greater....:P

Credit to pic owner.
 
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