Business News
Industry Minister Calls for Tax Waiver for New Cars to Boost Sales
Industry Minister Agus Gumiwang Kartasasmita has urged Finance Minister Sri Mulyani Indrawati to temporarily exempt vehicle tax (PKB) for new cars until December in a bid to boost car sales amid COVID-19 pressures. According to Government Regulation No. 73/2019, new passenger car purchases are subject to a luxury tax (PPnBM)…
Finding Profit from Urban Farming and Agricultural Startups
Farming on limited land in urban areas or urban farming became a trend during the corona pandemic. Apart from daily cooking needs, the results can be marketed through digital platforms such as Tanihub and Chilibeli. The urban farming trend can be seen from several celebrities who share their farming activities…
Online Grocery Shopping to Drive E-Commerce Growth as PSBB Re-Imposed: Experts
The rise in popularity of online shopping, particularly online grocery shopping, driven by the COVID-19 pandemic and the enforcement of large scale social restrictions (PSBB) is predicted to be the driving force of growth in the e-commerce sector in Indonesia and Southeast Asia this year, experts have said. Indonesia E-commerce…
Agriculture Exports ‘Potential Winners’ Amid Pandemic: Trade Ministry
Indonesian agricultural exports could be “potential winners” in the pandemic as they recorded annual growth despite the downturn in global trade, according to the Trade Ministry. The agriculture exports reached US$2.06 billion in the January–July period, marking an increase of 9.95 percent from the same period in 2019. Exports of…
