Bitcoin Briefly Hits $5,000 after 20 Percent Surge

Bitcoin Briefly Hits $5,000 after 20 Percent Surge

Bitcoins is a digital currency designed to obscure the identities of the people using it. (Bloomberg/Goerge Frey) (Bloomberg/George Frey)Bitcoin briefly touched $5,000 on Tuesday, its highest level since late November, while other cryptocurrencies also surged. On the...
Opening Stock Accounts now Only Takes 30 Minutes: IDX Chief

Opening Stock Accounts now Only Takes 30 Minutes: IDX Chief

The trading floor of the Indonesia Stock Exchange (IDX). (JP/Wienda Parwitasari)The Financial Services Authority (OJK) launched a simplification program on Thursday for the opening of stock accounts and accounts for customer funds that could be implemented through an...
Opening Stock Accounts now Only Takes 30 Minutes: IDX Chief

Stock Players in Wait-and-See Mode Ahead of Elections

The trading floor of the Indonesia Stock Exchange (IDX). (JP/Wienda Parwitasari)Players in the Indonesia Stock Exchange (IDX) have been in a wait-and-see mode since early January and will continue to bide their time until the General Elections Commission (KPU)...
Government Cancels E-commerce Tax Regulation

Government Cancels E-commerce Tax Regulation

Finance Minister Sri Mulyani Indrawati (Antara/Sigid Kurniawan)The Finance Ministry has revoked a regulation on tax treatment for e-commerce transactions amid pushback from digital economy players.Finance Ministerial Regulation No. 210/2018, which was signed by...