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Economy
Downstreaming and Strengthening of MSMEs: Strategic Steps to Accelerate National Economic Equality
Jakarta – The Chairperson of the Indonesian Employers Association (Apindo), Shinta Kamdani, emphasized that 2025 is a crucial moment for the Indonesian economy. According to her, the…
Public Appreciates Government’s Decision to Cancel 12% VAT Increase
By: Rivka Mayangsari*)
In a challenging economic situation, the government's decision to cancel the increase in Value Added Tax (VAT) rates from 11 percent to 12 percent and apply the…
Government Guarantees Incentive Packages Will Run According to Plan Despite VAT Increase Not Being…
Jakarta – The government ensures that several incentive packages will continue to run according to commitments even though the Value Added Tax (VAT) increase has not been canceled.…
Government Focuses on Completing Infrastructure Development for Legislative and Judicial…
Jakarta – The government of President Prabowo Subianto is committed to immediately completing the construction of important infrastructure in the National Capital (IKN) of the Archipelago,…
Appreciation of the Government’s Right Step in Canceling 12 Percent VAT
By: Clara Diah Wulandari)*
The government's move to cancel the planned increase in Value Added Tax (VAT) to 12 percent brings a breath of fresh air to the community. With this decision,…
Maintaining People’s Purchasing Power, Government Cancels 12% VAT Increase
Jakarta – The Government of the Republic of Indonesia has officially announced the cancellation of the planned increase in Value Added Tax (VAT) rates which was previously planned to…
12 Percent VAT Increase Only for Luxury Goods and Services
By: Andika Pratama )*
The government has set a policy to increase the Value Added Tax (VAT) rate to 12 percent which will take effect starting in 2025. However, it is important to…
President Prabowo’s Government Designs MSME Holding to Strengthen People’s Economy
By: Ahmad Riady )*
President Prabowo Subianto's government continues to demonstrate its commitment to supporting people-based economic growth. One concrete effort currently being…
Economists Welcome 12 Percent VAT Only for Luxury Goods
Jakarta – Economists have welcomed the government’s decision to only apply a Value Added Tax (VAT) rate of 12% for luxury goods. This policy is considered more efficient and can reduce the…
Government Implements Zero Tolerance for Online Gambling
By: Barra Dwi Rajendra )*
The Indonesian government has shown a firm commitment to combating online gambling through a zero tolerance…