Business News
Govt allows tobacco factories to delay tax payment
The Ministry of Finance has decided to allow tobacco factory owners to delay paying taxes by a maximum of 90 days, as part of non-fiscal stimulus measures. The decision has been made in response to a request by the Association of Tobacco Manufacturers seeking relaxations on tax payments, it said."This…
The Island with the Best Views in Indonesia Welcomes Tourists Again
One of the icons of the Labuan Bajo destination, Padar Island again welcomes tourists. The island, which is said to be one of the islands in Indonesia with the best views, will reopen on July 19, 2021. However, the Komodo National Park Office reminds tourists who want to visit South…
Ease of Doing Business can boost private investment: researcher
Ease of Doing Business (EoDB) can push the growth of government-private partnerships to support the development of potential sectors in the country, the Center for Indonesian Policy Studies (CIPS) has said. "For example, in supporting food security, government-private partnership schemes on main logistics infrastructure can be a way to reduce…
Indonesia adopts policies to support circular economy
The Environment and Forestry Ministry has said it has adopted several policies to support a sustainable circular economy in the country by driving the creation of more garbage banks, among other things. "To support the implementation of circular economic policies, the upstream policies focus on sorting and processing garbage at…
