Tax Package Offers Sweeping Cuts for 2021 / KPK Under Attack / Governance Issues Hampering Outlook
A sweeping tax plan would lower income tax for companies and individuals, removing tax on domestically re-invested dividends and fix rules that...
410 Views
Monetary Policy Will Be More Supportive Amid Sluggish Growth & Better External Balances
We expect another 50bp of policy rate cuts in Indonesia over the final 4 months of 2019, and are consequently Overweight Indonesia, particularly...
449 Views
Governance Risk Looms Larger / Papua Crisis Worsens / Budget Lacks Stimulus / Health Premium Rise
A lackluster and problematic short list of 20 names for the next Anti‑Corruption Commission (KPK) raises concern that the president will allow the...
420 Views
BI's Bold Cut / Balikpapan, 'DC' / Widodo Calls (Again) For Change / Update on Cyber, Labor Bills
Bank Indonesia cut its rate by 25bps for the 2nd time in two months, banking on the Fed doing similarly next month. With short-term inflows...
414 Views
EV, Hybrid Incentives / Jkt's Air / Seats Promised for Parties / Islamists Slammed / Haze Redux
Tax changes mark a fundamental overhaul of auto-sector regulation, designed to move from taxing based on model and engine size to rates based on...
462 Views