Indonesia

Asia | 20 Sep 17

Indonesia’s mammoth $368bn tax haul has been followed by new regulations aimed at tracing and taxing money that was not declared during the nine-month amnesty that ended in March.

Asia | 19 Jul 17

US-headquartered Prudential Financial has entered the Indonesian life insurance market in a joint venture with a unit of local group CT Corp in Jakarta, the companies said in a statement.

Asia | 20 Jun 17

Indonesia’s tax amnesty brought in revenue, which lowered the fiscal deficit and enhanced the appeal of government bonds, says Allianz Global Investor’s David Tan.

Asia | 31 May 17

Premiums in the Indonesian life industry soared by 28% in the first quarter of this year, compared to the same period in 2016, according to latest data released from the Financial Services Authority (OJK).

Asia | 24 May 17

Singapore’s OCBC Bank has launched an onshore private banking business, spurred by Indonesia’s tax amnesty.