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- Hebronstar Newsletter Vol.14
- 작성자
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- 2016-09-01
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[Indonesia] Indonesia One of the Strongest Emerging Markets: Templeton
Last week, the Indonesian economy surprised observers and policymakers alike with its strongest growth in the last ten quarters. But for Michael Hasenstab, the chief investment officer at global fund manager Franklin Templeton Investments, that may be just a small vindication for a long-held belief. | ||||
[Indonesia] Indonesia Cuts a Property Tax in Bid to Aid Home Sales | ||||
Indonesia is cutting in half a tax on home sales from September, according to a presidential regulation, a move that should help the country’s property sector.
The sellers of homes will be subject to a final tax of 2.5 percent of the transaction price, instead of the current 5 percent, based to the regulation signed by President Joko Widodo on Aug. 8. For purchases of homes smaller than 36 square meters, the rate will be only 1 percent. The regulation said this is “to give protection for citizens with low income”. | ||||
[Indonesia] Indonesia’s Year-to-Date State Revenue Collection Less Than Half of 2016 Target | ||||
Indonesia’s budget realization in the first seven months of this year fell shorter than half of this year’s target on the back of low commodity prices.
“Everyday the Finance Ministry monitors our revenue. It’s already August 16 and the current state revenue is still far less than what we targeted in the 2016 revised state budget,” Finance Minister Sri Mulyani Indrawati said on Tuesday (16/08). | ||||
[Indonesia] Indonesia to Open Its Own Tax Havens to Rival Singapore | ||||
The government has earmarked two Indonesian islands near Singapore as its own tax havens to prevent taxpayers from keeping their assets offshore — in Singapore, for example, Coordinating Maritime Minister Luhut Panjaitan said on Friday (12/08).
Resort islands Bintan and Rempang, both an hour’s ferry ride away from Singapore, may soon become low-tax jurisdictions where Indonesian and foreign businesses can set up shell companies to keep their offshore investments. | ||||
[Vietnam] HCMC calls for $4.5 bln in PPP for transport projects | ||||
The Ho Chi Minh City People’s Committee has recently submitted a portfolio of transport projects to the Ministry of Planning and Investment (MPI) to plan for mobilizing investment capital under the public-private partnership (PPP) form.
Accordingly, major projects include the construction of Monorail Line No. 3, the expansion of National Highway No. 22 and the construction of National Highway No. 5, with investment capital totaling $6.2 billion, of which the State budget will account for around $1.7 billion and PPP $4.5 billion. |
[Vietnam] Ninh Thuan seeks investors for 57 projects | |
The Ninh Thuan Provincial People’s Committee has recently approved a range of projects in which it seeks to attract investment during the 2016-2020 period.
“The province is seeking nearly $1 billion in direct investment capital in 57 local projects,” Mr. Truong Xuan Vy, Deputy Director of the Ninh Thuan Department of Planning and Investment told VET on July 26. The projects are in various sectors but the province is focusing on principle economic fields and advantageous sectors, including services, hospitality, real estate, agriculture, industrial engineering, and energy. |
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