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INDONESIAN PARLIAMENT PANEL GIVES GO-AHEAD TO FINANCIAL CENTRES PLAN

  • NEWS Desk Global
  • 1 day ago
  • 1 min read

An Indonesian parliamentary panel on Monday agreed with the government on key provisions in a bill ​for the foundation of international financial centres aimed at drawing ‌in foreign financial investment.

Limited details have been released to the public as of Monday, but authorities have previously said the bill will lay out tax incentives ​similar to those offered in financial hubs like Dubai, and that ​the holiday island of Bali was one potential location.

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