Business News
PLN sets up electric vehicle charging points in Bangka Belitung
State-owned electricity company PT Perusahaan Listrik Negara (PLN) has installed 82 electric vehicle charging stations in Bangka Belitung province to support the green vehicle ecosystem. PLN is offering customers the chance to use electric charging points under the ‘Electrifying Lifestyle’ program, PLN general manager for Bangka Belitung province, Amris Adnan,…
Italian Shopping Malls Reopen on Weekends as COVID-19 Measures Are Further Eased
Italy is on track to lift most of the measures it had enforced in recent months to curb the spread of the COVID-19 pandemic, and retail sales are expected to benefit from it.Shopping malls were finally allowed to stay open this past weekend after almost 160 days of forced weekend…
New Investment Ministry expected to drive economic transformation
The Joko Widodo administration's decision to upgrade the Investment Coordinating Board (BKPM) into the Ministry of Investment has been welcomed by the business community as it is expected to create positive sentiment among domestic as well as foreign investors. The new ministry, announced by President Widodo on April 28, 2021,…
Indonesia’s Job Creation Law unlocks new opportunities for foreign investors and expatriates
Southeast Asia's largest economy, Indonesia, has moved the tax system forward to be more globally competitive among countries in the region. By enacting Law No. 11 of 2020 (Job Creation Law), the government has restructured several major tax laws at once, facilitating quick responses toward the need of economic recovery…
