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…
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,…
Chinas largest online travel agency, Ctrip.com, has revealed that Indonesia is one of the ten favorite destinations for Chinese tourists who want to celebrate Chinese New Year 2016 abroad. The ten favorite destinations based on the bookings made by the…
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,…
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.…