News
Indonesia Morning Journal 30 Jan, 2019
INDUSTRY
- E-commerce transaction in Indonesia is projected to reach USD14bn in FY19
- Electrical vehicle could exempt of import duty and luxury tax
- Electricity demand is expected to grow 5.6%
- Large-scale coal producers royalty rate will be increased, while corporate tax will be decreased
- Government to finalize customs duty and sales tax on luxury goods
CORPORATE
- OCBC NISP’s (NISP IJ) FY18 net profit grew 21% YoY
- Bank Mandiri (BMRI IJ) is rumored to have interest in Bank Permata (BNLI IJ)
- Ramayana Lestari Sentosa (RALS IJ) to sell its treasury stocks back to public
- Sarana Menara Nusantara (TOWR IJ) add life of contract revenue of IDR5.8tn
