THE ROLE OF BANK INDONESIA IN MONITORING FOREIGN EXCHANGE TRANSACTION
The legislation in Indonesia has facilitated legal entities and individuals to apply for loans or credits in foreign currency from non-Indonesian residents. Therefore, Indonesian companies in need of capital to expand their businesses can apply for loans from foreign banks. Transactions in applying for loans or credits with foreign banks are referred to as Foreign...
Read MoreCUSTOMS AND EXCISE: WHAT ARE THE DIFFERENCES?
CUSTOMS AND EXCISE: WHAT ARE THE DIFFERENCES? Customs and excise are two different types of state levies. However, the general public often mistaken Customs and Excise as both customs and excise are under the supervision of the Directorate General of Customs and Excise, as stipulated in Article 1 number (10) and (11) of Law Number...
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