Indonesia Officially Joins BRICS: Benefits and Opportunities
Indonesia Officially Joins BRICS: Benefits and Opportunities January 8, 2025 On January 7, 2025, Indonesia officially became a full member of the BRICS group. BRICS stands for Brazil, Russia, India, China, and South Africa. It is an economic grouping of five major emerging markets with a shared goal of promoting peace, security, and development in […]
A Comprehensive Guide to Indonesia’s New VAT Policy
A Comprehensive Guide to Indonesia’s New VAT Policy January 2, 2025 On January 1, 2025, Indonesia introduced a groundbreaking change to its Value Added Tax (VAT) system through PMK 131/2024. This regulation, issued by the Ministry of Finance, redefines the taxable base (Dasar Pengenaan Pajak/DPP) for transactions involving goods and services. With the VAT rate […]
Bank Indonesia Maintains Interest Rate at 6% to Close 2024: Implications for Businesses and Investments
Bank Indonesia Maintains Interest Rate at 6% to Close 2024: Implications for Businesses and Investments December 19, 2024 As 2024 draws to a close, Bank Indonesia (BI) has decided to maintain its benchmark interest rate at 6%, marking a consistent policy stance throughout the year. The Deposit Facility and Lending Facility rates were also held […]
Reanda International Members Meeting 2024 – Day 2: Cohering for a Novel Future
Reanda International Members Meeting 2024 – Day 2: Cohering for a Novel Future December 17, 2024 Date: Saturday, 30 November 2024Themes: Audit & Assurance, Consulting, and ESG & Sustainability The second day of the Reanda International Members Meeting 2024 built upon the momentum of Day 1, focusing on three critical themes: Audit & Assurance, Consulting, […]
Reanda International Members Meeting 2024 – Day 1: Cohering for a Novel Future
Reanda International Members Meeting 2024 – Day 1: Cohering for a Novel Future December 17, 2024 Date: Friday, 29 November 2024Theme: Tax Reanda International Members Meeting 2024 officially began on 29 November 2024, bringing together delegates and member firms from across the globe. The event commenced with the overarching theme “Cohering for a Novel Future,” […]
Airlangga Hartarto Highlights Economic Resilience Amid VAT Increase
Airlangga Hartarto Highlights Economic Resilience Amid VAT Increase December 16, 2024 Maintaining Economic Balance Through Proper Fiscal Policy On Monday, December 16, 2024, Airlangga Hartarto, Indonesia’s Coordinating Minister for Economic Affairs, also commented on the VAT rate increase to 12% that will take effect on January 1, 2025. In his statement, Airlangga emphasized the importance […]
Sri Mulyani Announces the Increase of VAT Rate to 12% Starting January 1, 2025
Sri Mulyani Announces the Increase of VAT Rate to 12% Starting January 1, 2025 December 16, 2024 Ensuring Fiscal Stability Amid Economic Challenges On Monday, December 16, 2024, the Minister of Finance of Indonesia, Sri Mulyani Indrawati, announced a significant reform in Indonesia’s taxation system: the Value Added Tax (VAT) will be raised to 12%, […]
China’s Massive 2025 Stimulus: Impacts on Indonesia and the Role of Reanda Bernardi
China’s Massive 2025 Stimulus: Impacts on Indonesia and the Role of Reanda Bernardi December 12, 2024 China’s announcement of a massive stimulus plan for 2025 is expected to have a significant impact on the global economy, particularly for commodity-exporting nations like Indonesia. This initiative, focusing on revitalizing the property sector, boosting domestic consumption, and accelerating […]
Reanda’s delegation visited the Embassy of the People’s Republic of China in the Republic of Indonesia (“China Embassy”)
Reanda delegation visited the Embassy of the People’s Republic of China in the Republic of Indonesia to meet with the new Minister Counselor and strengthen support for Chinese investments in Indonesia December 9, 2024 On 30 November 2024, Reanda’s delegation visited the Embassy of the People’s Republic of China in the Republic of Indonesia (“China […]
Successful Hosting of the 8th “Belt and Road” Business Services Forum and Celebration of Reanda International’s 15th Anniversary in Jakarta, Indonesia (Press Release) 第八届“一带一路”商务服务论坛 暨利安达国际成立15周年庆典在印度尼西亚雅加达成功举办 (新闻通稿)
Successful Hosting of the 8th “Belt and Road” Business Services Forum and Celebration of Reanda International’s 15th Anniversary in Jakarta, Indonesia (Press Release) November 30, 2024 On November 28, 2024, the 8th “Belt and Road” Business Services Forum (the “Forum”), with the theme “Empowering Cross-Border Enterprises for High-Quality Sustainable Development,” and the celebration of the […]
