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Indonesia's largest food and hospitality exhibition, Food & Hotel Indonesia 2019 will kick off its 15th edition on July 24, 2019 at JIExpo Kemayoran Jakarta. Organised by Pamerindo Indonesia, this four-day biannual expo highlights the breakthroughs that are transforming Indonesia's preferences in the new concept of food and hotel industries.
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Manufacturing activity in Indonesia improved in May 2019 due to an increase in output and new orders. The Nikkei Indonesia Manufacturing Purchasing Managers' Index (PMI) rose from 50.4 in April 2019 to 51.6 in the following month, its highest position in nine months (a reading below 50.0 indicates contraction, while a reading above 50.0 indicates expansion in manufacturing activity).
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It came as a big surprise to us. Only three days before the new and somewhat controversial e-commerce tax regulation would come into effect, Indonesia’s Finance Ministry decided to delay its execution.
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In Transparency International’s ‘Corruption Perceptions Index’ (CPI), Indonesia is rising slowly, yet continuously. In the latest edition, which was released in January 2019, Indonesia ranked 89th with a score of 38 points (the CPI uses a scale of 0 to 100, where 0 is fully corrupt and 100 is completely clean).
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The views expressed in these business columns are the views of the authors or the interviewed persons only and therefore do not necessarily reflect the views of Indonesia Investments. The authors are free to ventilate their opinions about the Indonesian business climate. Facts presented in these columns are the result of the author's own research or indicated sources, read disclaimer.