Day: August 17, 2016

Automotive Market Update

Car sales reached 62,585 units last month, an increase of 12.5% year-on-year. Brands handled by Astra International (ASII) enjoyed strong growth of 60.6%, while other brands suffered 21.6% fall. Honda was an exception outside Astra Group with 5% growth year-on-year.

Read More

Commodities & The Economy

The government sets a modest 5.3% GDP growth next year on lacklustre commodities. State revenues from tax and non-tax of natural resources (oil & gas, coal, minerals, palm oil, natural rubber) are set significantly lower next year due to prolonged weakness in the commodities.

Read More

Tax Amnesty in Action (7)

The State has, as of August 16, collected Rp625 billion from around 5,000 taxpayers participated in the tax amnesty program. It accounted for 0.4% of the target of Rp165 trillion revenues. We’re now half way through the end of first phase of the program (until Sept 30, 2016).

Read More
error: Content is protected !!