#economic affairs

Collection of economic affairs news, found 2.875 news.

QRIS, e-money transactions exempt from 12 percent VAT: Govt

Virtual payments through the Quick Response Code Indonesian Standard (QRIS) and e-Money, such as e-toll, are not ...

Indonesian Ombudsman urges govt to prioritize village boundaries

The Indonesian Ombudsman has advised the government to make village boundary determination and affirmation activities a ...

12% VAT will not affect fuel prices: Minister Lahadalia

Energy and Mineral Resources Minister Bahlil Lahadalia has said that the increase in the value-added tax (VAT) rate ...

Rural residents to not reel from 12 percent VAT: ministry

The government's decision to increase the value-added tax (VAT) from 11 percent to 12 percent next year will not ...

Widodo-Prabowo power transfer fuels hopes of development continuity

The year 2024 has been an important one in Indonesia's history as it has marked the transfer of presidential power ...

Tax incentive aims to push electric vehicle use: Hartarto

The government's 3-percent luxury tax incentive on the purchase of electric vehicles (EVs) is aimed at encouraging ...

Govt plans direct international flights to tourism SEZs

Coordinating Minister for Economic Affairs, Airlangga Hartarto, on Tuesday said that tourism special economic zones ...

Need joint ASEAN-GCC response in critical areas: govt

The challenges faced by the Association of Southeast Asian Nations (ASEAN) and Gulf Cooperation Council (GCC) in a ...

D-8 Summit: RI to delineate MSME empowerment practices

Coordinating Minister for Economic Affairs, Airlangga Hartarto, informed that Indonesia will share its experiences in ...

Indonesian govt offers discounts to ease 12% VAT impact on citizens

The Indonesian government has decided to provide incentives for middle-class citizens to assist them in managing the ...

Indonesia to provide 50 percent electricity discount amid VAT hike

Finance Minister Sri Mulyani Indrawati has announced a 50 percent electricity discount for January and February 2025 to ...

Government to bear 1 pct VAT increase for 3 commodities: Minister

The Indonesian government will bear a one percent increase in value-added tax (VAT) for three commodities after ...

Government to officially apply 12 percent VAT starting from January 1

The Indonesian government has announced that the increase in value-added tax (VAT) rate from 11 percent to 12 percent ...

Govt to provide details on 12% VAT on Monday: minister

The government will share additional details about its plan to increase value-added tax (VAT) to 12 percent as well as ...

Indonesia ready to establish bullion banks: Minister Thohir

Indonesia is ready to set up bullion banks after developing its capability to produce gold bars domestically, according ...