Business News
Car Sales Skyrocketed Post-PPnBM Relaxation 0 Percent New Cars
The policy to reduce the sales tax rate on luxury goods borne by the government (PPnBM DTP) for cars is starting to bear fruit with the increase in orders experienced by a number of domestic principals. It is hoped that this positive impact will accelerate efforts to recover the national…
Growing Rapidly, the Game Industry has the Opportunity to be Indonesia's Leading Sector
When other business sectors were sluggish, the gaming industry in Indonesia actually grew positively during the Covid-19 pandemic. Activity restrictions due to the Covid-19 pandemic encourage people to seek entertainment from home, one of which is games. That's why the growth of gamers has increased sharply in the past year,…
Health Minister Supports 3 Bali Regions Set as Covid-free Destinations
Health Minister Budi Gunadi Sadikin supported the Bali Provincial Government in preparing its three regions as tourist destinations that are free of Covid-19. Later, domestic and international travelers will be allowed to visit these regions. The three regions are Ubud in Gianyar Regency, Indonesian Tourism Development Corporation (ITDC) area in…
IDX to Allow SPACs, Hopes Indonesian Unicorns Will Go Public Locally
The Indonesia Stock Exchange (IDX) plans to win over local tech unicorn listings by relaxing its rules this year after it was reported that three such companies were considering listing abroad. IDX development director Hasan Fawzi said the bourse would pass regulations by July that would allow companies to go…
