Business News
Fiscal Benefits in Italy for Foreign Investors and Workers
The Italian government is encouraging foreigners to move to Italy through several legislative measures. Since 2015, different governments and different majorities have passed several laws in order to grant fiscal and administrative benefits for foreign investors and workers, who want to live, work, and do business in Italy. In this…
Government Prepares IDR 5.5 Trillion for Rejuvenating People's Palm Oil in 2021
The meeting of the Steering Committee for the Palm Oil Plantation Fund Management Agency (BPDPKS) on January 22, 2021, has approved the proposed BPDPKS budget allocation for 2021. The allocated fund is Rp 5.5 trillion. "The main support is the fulfillment of the target for rejuvenating people's palm oil in…
COVID-19 Accelerates MSME Digitalization despite Inadequate Connectivity
The COVID-19 pandemic has opened up an unexpected opportunity in digitalization as more local micro, small and medium enterprises (MSMEs) go online than before, but the lack of internet infrastructure in parts of Indonesia has made it difficult for some businesses to bounce back. That was the summary of a…
Indonesia Looks to Ease Foreign Investment Rules on Startups
Indonesia is looking to ease rules on foreign investment in some of its startups by exempting them from minimum investment requirements, as the country aims to continue spearheading the growth of the digital economy in Southeast Asia. The plan is being floated in a draft presidential regulation as a supplement…
