LG CNS Co has secured a 100 billion-won deal to build Indonesia's core tax administration system (CTAS) be used by 42 million taxpayers and 32,000 tax officials.
It was the largest e-government system contract by a South Korean firm.
LG CNS, an IT service unit of South Korea's LG Group, plans to establish the system using the latest technologies, including cloud and big data, by the end of 2024.
The company's previous projects with the Indonesian government were to set up a digital system for the country's national police agency in 2007 and the national financial information system in 2015.
The said projects helped it secure the CTAS deal.
Seoul's National Tax Agency will conduct training programs for their Indonesian counterparts to better manage tax services.


DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds
Why Paycom Was Named a 2026 Platinum Employer on the Where You Work Matters List
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings
Google Secures Pentagon AI Deal for Classified Projects
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand
Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 



