Virtual payments through the Quick Response Code Indonesian Standard (QRIS) and e-Money, such as e-toll, are not subject to the 12 percent Value Added Tax (VAT), Coordinating Ministry for Economic ...
The government announced the outcomes of the 29th UN Climate Change Conference (COP29) held in Baku, Azerbaijan, while launching the fourth phase of its result-based contribution (RBC-4) partnership ...
Indonesia is anticipating the impacts of the US' economic and political policies after Donald Trump was elected as the next US President. During a press conference here on Wednesday, Finance ...
Indonesia's trade balance has remained in surplus for the past 54 months amid a weakening global economy, according to Finance Minister Sri Mulyani Indrawati."Our trade balance has also been ...
Minister of Micro, Small, and Medium Enterprises (MSMEs), Maman Abdurrahman, has said that an MSME holding will be created to connect MSME players with large industries. "We hope that this ...
President Prabowo Subianto on Tuesday highlighted that the largest allocation in Indonesia's 2025 State Budget is for the education sector, not defense, like in other countries such as the United ...
The Indonesian government plans to announce several fiscal policies next week, including those related to taxes and business incentives for 2025, Coordinating Minister for Economic Affairs Airlangga ...
The speculated establishment of a state revenue ministry or agency was not among the topics discussed during the plenary meeting of the Red and White Cabinet at the Presidential Palace, Jakarta, on ...
For more than three decades, Indonesia has been facing a fairly serious problem—the middle-income trap. The middle-income trap refers to a situation where a country that has escaped ...