This issue of Indonesia daily economic update for March 28, 2018 contains economic highlights including: (i) the processing time for permits used to import materials for exported goods had been cut to just one hour from the previous thirty days, while the issuance of identification numbers for importers can be done in three days from the previous ten days; (ii) Djoko Siswanto is appointed as the new oil and gas director general of Energy and Mineral Resources Ministry; (iii) the government has shortened the processing time for tax refunds to just one month from the previous up to two years, but only for traders who are highly compliant to excise and customs regulations; (iv) Financial Services Authority of Indonesia (OJK) ordered Indonesia’s biggest lenders to set aside additional capital to bolster their ability to absorb losses and protect against any bank failures; and (v) President Jokowi instructed district heads to form task force on ease of doing business to support the implementation of integrated licensing system in the region.
Detalhes
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Data do documento
2018/03/28
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TIpo de documento
Informativo
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No. do relatório
126530
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Nº do volume
1
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Total Volume(s)
1
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País
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Região
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Data de divulgação
2018/05/24
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Disclosure Status
Disclosed
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Nome do documento
Indonesia daily economic update
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Palavras-chave
bond; international reserve; foreign holding; corporate bond; Oil and Gas; government bond yield; Oil & Gas; Exchange Rates; BI Reports; customs regulation; export good; financial indicator; tax refund; bank failure; licensing system; foreign investor
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