Tag: indonesiaa

Retail Asia16/01/2017
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1min0
Private lender Maybank Indonesia has sold all stakes in motorcycle financing firm Wahana Ottomitra Multiartha (WOM Finance) to Indonesian financial services provider Reliance Capital Management in a deal worth Rp 673.8 billion (US$50.71 million). Maybank announced on Thursday that it had signed a conditional share purchase agreement with Reliance Capital Management on Jan. 11 to […]

Retail Asia10/07/2016
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2min0
The new regulation implies that those individuals and companies that generate revenue and profit through online retailing (including sales through Facebook or Instagram pages) are required to report their income and fulfill their tax obligations. In general, a corporate income tax rate of 25 percent applies in Indonesia. Small and medium-enterprises with an annual turnover […]

Retail Asia15/12/2015
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7min
The rare and beautiful phenomenon of the total solar eclipse, forecast to occur on March 9, 2016, is expected to attract foreign tourists to Indonesia. Both domestic and foreign tourists are keen to visit Palembang, Belitung, Bangka, Balikpapan, Sampit, Palangkaraya, Luwuk, Palu, Poso, and Halmahera to witness the total solar eclipse. Head of the North […]

Retail Asia23/08/2015
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6min
Malaysia’s Axiata says profits rose sharply in the second quarter, thanks to contributions from various overseas interests, and claims to have seen improvements in the markets of Malaysia and Indonesia, where it has been struggling amid fierce competition. Through its various subsidiaries and affiliates, Axiata Group Berhad serves about 260 million mobile subscribers in Asia, […]


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