Jakarta

Indonesia trade deficit larger then expected. Indonesia posted a wider than expected trade deficit in December, bringing the gap for 2018 to the largest ever, the Central Statistics Agency, or BPS, said on Tuesday. December’s trade deficit was $1.10 billion, in a third consecutive month where the gap was wider than market expectations. A Reuters …
New rules requiring e-commerce sellers to share data with the authorities. Reuters report that The Ministry of Finance said on Monday Jan 14, 2019 that it will impose new rules requiring e-commerce sellers to share data with the authorities, while also stressing that they must pay taxes. Surging smartphone use and a rising middle-class income …
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