#national economy

Collection of national economy news, found 1.593 news.

Ministry clarifies VAT imposition solely on premium basic necessities

The government will solely impose value-added tax (VAT) on premium basic necessities through amendment to Law No. 6 of ...

Government should review VAT imposition plan on basic needs: DPR

DPR Vice Chairman Abdul Muhaimin Iskandar sought governmental review on a plan to impose value-added tax on basic ...

Sumadi stresses on transportation connectivity to strengthen logistics

Transportation Minister Budi Karya Sumadi has asked his staff to consistently maintain connectivity of transportation ...

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MSME digitization necessary to support Indonesia's economic recovery

Indonesia’s 64.2 million micro, small, and medium scale enterprises (MSMEs) have contributed Rp8,573.89 trillion, ...

Expedited inoculation helps Indonesia get 4-5 percent economic growth

State-owned Enterprises (SOE) Minister, concurrently COVID-19 Handling and National Economic Recovery Committee Chief, ...

Indonesia contributing to ASEAN, UN programs for seafarers

Indonesia has been supporting a number of ASEAN and UN programs for seafarers, who contribute significantly to the ...

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Government positive economic recovery on horizon

The Indonesian government is optimistic the economy will grow positively this year with indications of an improvement ...

Economic contraction of 0.6-0.9 percent to continue in 2021: Minister

National Development Planning Minister Suharso Monoarfa has projected Indonesia's economy to contract 0.6-0.9 ...

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Rising role of sharia economy in Indonesia

- that is expected to reach and serve a wider customer base. The nation has recorded considerable growth in the ...

Indonesia prioritizes accelerating digital transformation in ICT field

Accelerating digital transformation is among the priority programs in the information and communication technology ...

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Indonesia's halal industry gains momentum amid pandemic

Indonesia, the world's most populous Muslim-majority nation, is focusing on developing its halal industry to meet ...

Govt pegs 2022 budget deficit at 4.5% - 4.8%

The Indonesian government has set a budget deficit target of Rp808.2 trillion-Rp879.2 trillion, or 4.51-4.85 percent of ...

Amin highlights spike in halal product sales during mudik ban

Vice President Ma'ruf Amin pointed to a rise in the online sales of halal products during the Eid al-Fitr mudik ...

Ultra-micro holding company to spur new entrepreneurs: Kadin

The government’s plan to form a state-owned ultra-micro holding company is expected to increase the number of new ...

BI lowers economic growth forecast to 4.1-5.1%

Bank Indonesia (BI) has revised its national economic growth forecast for 2021 downward to 4.1-5.1 percent from 4.3-5.3 ...