Business News
Indonesia Plans Export Duties and Windfall Tax on Coal and Nickel to Support State Budget
The Indonesian government is preparing to introduce export duties and a windfall tax on coal and nickel as part of efforts to strengthen state revenues and ease pressure from rising subsidy costs. The policy is still under inter-ministerial discussion between the Ministry of Finance and the Ministry of Energy and…
Indonesia Strengthens Cosmetics and Wellness Industry for Global Competitiveness
The Indonesian government is intensifying efforts to enhance the competitiveness of the cosmetics, perfume, and wellness industries as part of a broader strategy to strengthen national industrial growth. Officials highlight that Indonesia’s large productive-age population and expanding domestic demand create strong opportunities for the sector to develop into a key…
Indonesia Strengthens Strategy to Develop Local Brands for Global Market Expansion
The Indonesian government is intensifying efforts to develop and upgrade local brands in order to enhance their competitiveness in the international market. This initiative focuses on improving product quality, innovation, and branding so that domestic products can better penetrate global supply chains and expand export opportunities. Authorities emphasize that strengthening…
Indonesia Reviews EV Incentives to Strengthen Industry and Reduce Energy Costs
The Indonesian government is currently evaluating a range of incentives for electric vehicles (EVs) as part of efforts to strengthen domestic industry performance and reduce national energy costs. The discussion involves key ministries, including the Ministry of Finance and the Ministry of Industry, focusing on policies that can accelerate EV…
