Business News
All Regions with PPKM Level 3 Status During Christmas and New Year Holidays
The Coordinating Minister for Human Development and Culture Muhadjir Effendy stated that all regions would implement a level three community activity restriction (PPKM) during Christmas and New Year 2022. The policy was issued to anticipate the third wave of spikes in positive cases of the corona virus (Covid-19) at the…
Indonesia is a Popular Investment Destination in Southeast Asia
Indonesia is said to be the most popular investment destination in Southeast Asia, along with increased transaction activity in the first half of 2021. Indonesia's popularity has even surpassed Singapore. Managing Director, Investment (Telecommunications, Media & Technology and South East Asia), from Temasek, Fock Wai Hoong, said Indonesia was able…
The Government Provides Investment Facilities for the Energy and Mineral Resources, Food, and Defense Sectors
Deputy for Investment Climate Development (PIPM) of the Ministry of Investment / Investment Coordinating Board (BKPM) Yuliot conveyed that investment is important to encourage national resilience and economic resilience. For this reason, the government is keen to provide investment facilities and ease of doing business. “In line with the concept…
Thanks to PPnBM Incentives, Automotive Component Industry Grows 40%
The performance of the automotive component industry shows a positive trend as a result of the Government-borne Luxury Goods Sales Tax incentive policy (PPnBM DTP). Minister of Industry (Menperin) Agus Gumiwang Kartasasmita said the growth of the automotive component industry in the January-September 2021 period rose 40 percent with an…
