Business News
Brussels greenlights Italy's €191.5 billion COVID-19 recovery plan
The European Commission on Tuesday gave the green light to Italy's €191.5 billion recovery plan, said its president Ursula von der Leyen and Italian Premier Mario Draghi at a joint press conference."Today is a day of pride for our country," Draghi said as he shared the news.Italy, the first European…
Gas price adjustment for industry to boost tax receipts: ministry
The Industry Ministry is expecting the policy fixing the gas price at US$6 per metric million British thermal units (MMBTU) for the industrial sector to boost tax receipts and investment. The seven industrial sectors that have been granted the gas price adjustment facility at US$6 per mmbtu will support the…
Bali to Welcome Tourists Soon as Covid-19 Vaccination Rate Hits 70%
Tourism and Creative Economy Minister Sandiaga Uno said that his office had made various preparations together with tourism and creative economy players ahead of the reopening of tourism in Bali this July. The province is ready to welcome tourists as the Covid-19 vaccination rate has reached 70 percent. The ministry…
Indonesia’s political will is the key to a successful carbon tax implementation
A carbon tax should be overviewed as an oasis of post-pandemic recovery. The proper carbon tax scheme will solve two of Indonesia’s extensive homework; reducing greenhouse gas (GHG) emissions and boosting revenue to support economic recovery. In the end, Indonesia’s political will is crucial in completing this mission.Recently, the carbon…
