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New credit card scrutiny sends Indonesians back to cash

(Source: www.channelnewsasia.com)

JAKARTA: Indonesia’s plan to track all credit card transactions in a bid to crack down on rampant tax evasion is pushing people back to cash, stifling government efforts to track illicit money flows. 596 more words

Current Affairs

Investors will regret dumping Indonesia's bonds, Manulife says

(Source: www.businesstimes.com.sg)

Investors who unloaded Indonesian government bonds in this year’s longest stretch of outflows may come to regret doing so, said PT Manulife Aset Manajemen Indonesia, which expects the debt to remain Asia’s best as the nation’s economic strength outweighs the impact of higher US interest rates. 302 more words

Money Matters

Indonesia's former Speaker of parliament elected as Golkar's chairman

(Source: www.channelnewsasia.com)

JAKARTA: Indonesia’s former Speaker of parliament Setya Novanto has been elected as the new chairman of Golkar during the party’s congress in Bali on Tuesday (May 17). 203 more words

Current Affairs

“It’s easier on Twitter”: Going deep into Indonesia’s online sex trade

(Source: www.channelnewsasia.com)

JAKARTA: It starts off with a knock on my hotel door, as “Hendro” arrives for our first meeting to begin my journey into an underground world where thousands of Indonesian men shop for sex. 1,725 more words

Current Affairs

Indonesia’s sex trade ‘impossible’ to shut down

(Source: www.channelnewsasia.com)

JAKARTA: While prostitution is technically illegal in Indonesia and immoral in the eyes of many of its people, the sex trade continues to flourish, especially in the capital Jakarta. 1,752 more words

Current Affairs

Indonesia’s sex trade ‘impossible’ to shut down

(Source: www.channelnewsasia.com)

JAKARTA: While prostitution is technically illegal in Indonesia and immoral in the eyes of many of its people, the sex trade continues to flourish, especially in the capital Jakarta. 1,775 more words

Current Affairs