Business News
Gas price adjustment for industry to boost tax receipts: ministry
The Industry Ministry is expecting the policy fixing the gas price at US$6 per metric million British thermal units (MMBTU) for the industrial sector to boost tax receipts and investment. The seven industrial sectors that have been granted the gas price adjustment facility at US$6 per mmbtu will support the…
Bali to Welcome Tourists Soon as Covid-19 Vaccination Rate Hits 70%
Tourism and Creative Economy Minister Sandiaga Uno said that his office had made various preparations together with tourism and creative economy players ahead of the reopening of tourism in Bali this July. The province is ready to welcome tourists as the Covid-19 vaccination rate has reached 70 percent. The ministry…
Indonesia’s political will is the key to a successful carbon tax implementation
A carbon tax should be overviewed as an oasis of post-pandemic recovery. The proper carbon tax scheme will solve two of Indonesia’s extensive homework; reducing greenhouse gas (GHG) emissions and boosting revenue to support economic recovery. In the end, Indonesia’s political will is crucial in completing this mission.Recently, the carbon…
Expert Advises Lockdown, Argues Economic Rescue Scenario Possible
The increasing number of coronavirus cases caused by the new delta strain motivated a plethora of public figures to call for a lockdown. An economist from Institute of Development on Economics and Finance (Indef), Bhima Yudhistira, suggested the President make the call as he argued it would reduce the risk…
