private investment increased in line with the economic recovery. Meanwhile, the government expenditures spending grew primarily through regular spending. However, government expenditures increased from the
subjected to income tax while provident funds are directly investing in fixed income and still getting tax exemptions.Thereby, in order to be consistent with provident funds, the Finance Ministry has
would not only improve the efficiency of debt offering supervision but also lighten the loads of debt issuers and maintain appropriate protection for investors. For such proposes, the SEC Office is
Cryptocurrency is a financial innovation that is exposed to high volatility. Investment in this digital asset thus requires knowledge and understanding and a risk profile that is not so sensitive
invest in assets that could be fraudulent, and SEC has not been able to extend its supervisory coverage to such businesses. Therefore, SEC intends to improve the regulations to be consistent with the
a loan from a financial institution. The Board of Directors and the Audit Committee view that the investment in such projects can generate long-term consistent income and the contract party is a
”) and accountant as these professionals by default should have a good understanding of the company’s business and transactions, not to mention that they are the closest parties to the accounting records
, bill payment, and social insurance contributions payment. As a result, the company was able to find new customers. This is consistent with the top up value, which continues to grow consistently
Sustainability Bond Guidelines). It is important to note that Social Bonds should not be considered fungible with bonds that are not aligned with the four core components of the SBP. Bonds issued under earlier
line with the global standards. - 08 - Strengthening capacity of internal staff Expanding knowledge of financial reporting and auditing standards on a regular basis Preparing for information technology