Business News
PPnBM Emissions Effective October 16, Revamp New Car Taxes
The old rules for the Sales Tax on Luxury Goods (PPnBM) have for years determined which types of cars are sold and produced in Indonesia. Starting October 16, the new PPnBM regulations based on emissions will change the automotive landscape in Indonesia. The new PPnBM rule is Government Regulation Number…
JIIPE Potential & Advantages as Special Economic Zone
President Jokowi inaugurated Gresik Java Integrated Industrial and Port Estate (JIIPE) as a Special Economic Zone (SEZ). Where this determination is called the President Director of Pelindo III, Boy Robyanto will provide various facilities for business actors related to taxation, customs, goods traffic, immigration to licensing so that it is…
Collaboration between the Ministry of Foreign Affairs and the Coordinating Ministry for the Economy, Study on the Development of the Free Trade Area and Free Port of Bintan
The Ministry of Foreign Affairs in collaboration with the Coordinating Ministry for the Economy held a Limited Discussion “Development of the Bintan Free Trade Area and Free Port (KPBPB: Opportunities and Challenges) as a means to solicit input from stakeholders (09/09/2021). Expert Staff for Inter-Institutional Relations, Muhsin Syihab in his…
Excellent in ASEAN, the Ministry of Industry Focuses on Boosting the Added Value of Indonesian Manufacturing
The Ministry of Industry (Kemenperin) focuses on increasing the value added (Manufacturing Value Added / MVA) in Indonesia as the largest economy in Southeast Asia so that it continues to be the largest production base in the region. With MVA reaching US$ 281 billion, Indonesia is superior to other ASEAN…
