Day: August 14, 2016

Tax Amnesty in Action (6)

Friday, August 12, was a promising day for tax amnesty program. Tax Office reported additional Rp6.8 trillion of asses declared by taxpayers, the highest daily performance since the program was launched last month. That particular day, the State collected Rp128 billion of revenues. Vice President Jusuf Kalla was upbeat with the performance, dismissing doubts over Rp165 trillion revenue target from the program. Really?

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TPS Food: First Half Results & Outlook

Next year, TPS Food (AISA) will commemorate 20 years of listing on Indonesia Stock Exchange (IDX). This is one of companies entering the market prior to Asian financial crisis in 1997. After series of debt restructuring, the Company started to be more aggressive in getting more public funds in the past eight years or so.

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