Indonesia Considering Setting Fixed Fees for E-Wallet Transactions
Indonesia is mulling setting fixed fees on some e-wallet transactions at 0.7%. This step could have a significant impact on the rapidly growing digital payments sector in Indonesia. Indonesia is a lucrative market for e-wallet firms with a flourishing...
Indonesia Needs IDR 1,000 Trillion Investment to Reach 6% GDP Growth
The Indonesia’s Investment Coordinating Board (BKPM) is looking for nearly IDR 1,000 trillion of investment to push the country’s economic growth to 6%, as per the national medium-term development plan (RPJMN) 2020-2024. To attract investors, the government...
Indonesia Opens up Airport Management Projects to Foreign Companies
Indonesia plans to offer more airport management projects in 2020, following its first award to a foreign company for the Labuan Bajo airport in Nusa Tenggara Timur, which serves as a gateway to the Komodo National Park. A 25-year contract for development and...