Surabaya’s Beauty Product Wins Indonesia Award Magazine Recognition

Surabaya’s Rising Star: Michelle J’s Starinc Shines Bright with Indonesia Award Magazine’s Most Trusted Brand Recognition In the bustling city of Surabaya, a beacon of skincare innovation named Starinc, spearheaded by local entrepreneur Michelle J, has not only illuminated the local skincare scene but has also garnered prestigious accolades such as The Most Trusted Brand […]

Analyzing Tax-Free Dividends: An Opinion Piece

JAKARTA – Regardless of the form, companies aim to generate profits, and dividends represent a means of distributing these earnings. This aligns with the primary objective of capital owners when investing. But what about the taxation aspect? According to Indonesian tax regulations, any form of income, including dividends, is subject to income tax (PPh). However, […]

BIC Survey: Corruption Emerges as Prime Obstacle to Foreign Investment in Indonesia

JAKARTA – Corruption remains the foremost challenge for foreign investors seeking to invest in Indonesia. This was reported from the Business Confidence Index (BCI) survey, which indicates that respondents were asked about the depicted challenges that will affect Indonesia in the next 12 years. In fact, 71% of respondents stated that corruption is the biggest […]

Editorial: Kartini’s Contributions Towards a Prosperous Indonesia

According to the United Nations (UN), the higher the role of women in a country’s economy, the better the welfare of its people. Data from the Central Statistics Agency (BPS) indicates that the Female Labor Force Participation Rate (FLFPR) has indeed experienced growth over the past decade. BPS data shows that in 2013, the FLFPR […]

Airlangga Unveils Kartu Prakerja Program, Aiding 18.7 Million Individuals

Minister of Economic Affairs Airlangga Hartarto showcased the success of the Kartu Prakerja (Pre-Employment Card) program before high-ranking officials from the Asia-Pacific region. He made his presentation virtually during the High-Level Thematic Roundtable on Digital Innovations for Achieving the Sustainable Development Goals, which is part of the 80th session of the Economic and Social Commission […]