Business News
Minister of Finance's Regulation No. 11 of 2025 Amends the rules on the Tax Basis of Other Values (DPP) and the Value-Added Tax (PPN) of Certain Amounts
The Ministry of Finance (MoF) has issued Minister of Finance Regulation (PMK) Number 11 Year 2025, revising the rules on the imposition of Value Added Tax (VAT) for goods and services subject to other value provisions as the tax basis (DPP) and certain amounts. The PMK came into force on…
Bahlil Prepares Ministerial Decree Requiring Exporters to Use Coal Reference Price
Minister of Energy and Mineral Resources Bahlil Lahadalia will draft a ministerial decree on coal export prices, requiring exporters to use coal reference price. The regulation aims to encourage the coal industry to be more competitive, and the coal reference price can be used in the global market. Bahlil has…
Airlangga: Indonesia Joins OECD to Strengthen Investment
The Coordinating Minister for Economic Affairs of the Republic of Indonesia, Airlangga Hartarto, assessed that Indonesia's plan to join the OECD (Organization for Economic Co-operation and Development) can strengthen investment. This step can realize the economic growth target of up to 8% as planned by President Prabowo Subianto. "Well, next,…
Singapore Becomes the Largest Foreign Investor in South Sumatra, Its Investment Reaches IDR 26.9 T
Investment in South Sumatra throughout 2024 was recorded at IDR 70.92 trillion. The investment came from domestic investment (PMDN) and foreign investment (PMA). From the available data, it is known that the largest foreign investor in South Sumatra is Singapore with a total of IDR 26.9 trillion. The Young Investment…