Browsing Category
Economy
Government’s Commitment to Developing Papua as a Pillar of the National Food Barn
By: Dhita Karuniawati )*
President of the Republic of Indonesia Prabowo Subianto believes that Indonesia can achieve food self-sufficiency or independence in meeting food needs for its…
Prabowo-Gibran Government Ensures Airline Ticket Price Reduction as Transportation Solution Ahead of…
By: Nurul Janida )*
Ahead of the 2025 Christmas and New Year holidays (Nataru), the government has implemented a policy to increase accessibility to air transportation by lowering…
Government Ensures 1 Percent VAT Increase for Luxury Goods Will Not Disrupt MSME Purchasing Power
JAKARTA — The government has emphasized that the planned increase in Value Added Tax (VAT) by 12 percent in 2025 will only apply to luxury goods and will not impact the purchasing power of…
1% VAT Increase Provides Benefits for the People and Accelerates Economic Equality
By: Rivka Mayangsari*)
Increasing state revenue through the taxation sector is one of the important efforts in creating sustainable economic development. In this context, the Indonesian…
Digitalization of MSMEs as the Main Driver of the National Economy in the Era of President…
JAKARTA – Minister of Micro, Small, and Medium Enterprises (MSMEs), Maman Abdurrahman, invited MSMEs to immediately adopt digital technology to increase productivity and competitiveness in…
1% VAT Increase Only for Luxury Goods, Proof that Government Accommodates Public Aspirations
By: Moh Jasin )*
The government continues to strive to balance fiscal policies that favor the wider community while maintaining the sustainability of the state budget. One of the latest…
1 Percent VAT Increase for Luxury Goods, Government Efforts to Realize Economic Equality
JAKARTA — The government has officially announced an increase in the Value Added Tax (VAT) rate from 11 percent to 12 percent, which will take effect from January 1, 2025.
The policy is…
Appreciating the Prabowo-Gibran Government Empowering MSMEs for National Economic Equality
By: Nurul Janida )*
The government continues to demonstrate its commitment to strengthening the Micro, Small, and Medium Enterprises (MSMEs) sector as a strategic step to encourage…
Export of Craft Products to American Market Confirms Export Potential of Indonesian MSME Sector
Bantul – The Minister of Trade of the Republic of Indonesia, Budi Santoso, officially released the export of UMKM craft products worth USD 127,070 or around IDR 2 billion which will be sent…
President Prabowo Intensifies Economic Transformation Through Downstreaming to Create Economic…
By : Arzan Malik Narendra )*
In his efforts to create equal prosperity for all Indonesian people, President Prabowo Subianto initiated a downstreaming strategy as the main foundation of…