BritCham Business Snapshots #03 February 2020 Share: Forthcoming Events Our first Ministerial Series in 2020 is here! Click the banner to learn more For sponsors & amp; events partner opportunities, please contact Fadli and Eisya A. Eloksari The Jakarta Post A government decision to lower the tax threshold for imported goods has adversely affected small e-commerce businesses and jastip (individual wholesalers), sellers have claimed. Dardani Nainggolan from Batam, Riau Islands, had planned to send emping crackers worth Rp 100,000 (US$7.33) to his relatives in Pekanbaru, Riau, but decided not to after considering the fees involved. “After calculating the tax, I know that sending the chips was not worth it,” Dardani told The Jakarta Post on Friday. “The tax officers assumed the chips were worth Rp 150,000 and they charged PPN [value added tax] plus import duty. But in the end, I decided to cancel the shipment to my relatives.” In upbeat assessment, BI still sees 2020 GDP growth near 5.3 percent Jokowi's economic growth target unrealistic Inflation to jump to 3 percent in 2020 amid administered price hikes BI injects $1.8b to stabilize Indonesian markets as investors flee over coronavirus fears Brexit divorce: Five key things the UK must navigate Brexit: What trade deals has the UK done so far? Events Highlight Member and Stakeholder events that might interest you : Register with code BC20 to enjoy 20% off standard rate tickets. Registration Link: For more updates on Indonesia summit 2020: News, Information and Bulletins that might interest you : Are you a member? Want to announce or share something? contact us at Share: