Business News
Indonesia’s Proposed Carbon Tax Bill Reveals Risk to GDP Growth
Indonesia’s plan to tax carbon output risks slowing growth in Southeast Asia’s biggest economy and faces resistance from some of the country’s biggest industries. A proposed rate of 75,000 rupiah ($5.2) per ton of carbon dioxide output would generate 32 trillion rupiah in additional state revenue and cut emissions by…
Mandiri Sekuritas Projects Indonesia's Economy to Grow 4.4 Percent in 2021
Mandiri Sekuritas predicts Indonesia's economic growth will reach 4.1 to 4.4 percent this year. Mandiri Sekuritas Chief Economist Leo Putera Rinaldy said the determination of this economic growth projection was based on the continued domestic and global economic recovery despite the Covid-19 pandemic still hitting Indonesia. "Overall, our full year…
Sri Mulyani: Indonesia Should Be the Driver of the World Sharia Economy
Minister of Finance Sri Mulyani Indrawati sees from the huge potential of Indonesia's Islamic financial market, Indonesia should be able to become the main driver of the world's Sharia economy. "With the huge potential of the Islamic financial market, Indonesia should be able to become the main driver of the…
Covid-Free Pass Required to Travel to Bali
Starting tomorrow, travellers to Bali will have to show and carry a "covid free" pass. The local authority notified it yesterday in an attempt to preserve "the island of the gods" from a new spike in coronavirus infections. Checks will be carried out for all domestic flights, mainly at Ngurah…
