This article first appeared in The Edge Financial Daily on January 14, 2020

KUALA LUMPUR: MyEG Services Bhd announced yesterday that its Indonesian associate PT Cartenz Inti Utama has secured additional government mandates to roll out its tax monitoring system to 30 more cities, marking an expansion to the programme that is already actively underway in Jakarta.

It did not disclose the amount of the contract.

Since unveiling the joint venture in 2018, the group has started the implementation of real-time monitoring of business transactions for tax computation purposes, with installations in retail merchant premises presently ongoing in Jakarta under a pilot programme offered at no charge.

In a statement yesterday, MyEG said following the successful commencement of the implementation in Jakarta, the group has recently been contracted by the governments of seven other provinces in Indonesia to deploy, on a chargeable basis, the tax monitoring system to cover a total of 30 cities.

Pilot installations have since commenced across these seven provinces.