Jakarta – Indonesia’s recent decision to join the BRICS bloc as a full member has sparked discussions about the potential implications for its relationship with the United States (US). The move, which further expands the group of major emerging economies, has raised concerns that the US might adopt unfavorable policies towards Indonesia. However, coordinating Minister … Read more
Indonesia Accelerates Electric Vehicle Adoption with Tax Incentives and Infrastructure Push Jakarta, January 13, 2025 – indonesia is doubling down on its commitment to teh electric vehicle (EV) revolution, with the government rolling out targeted tax incentives to boost adoption and production. Coordinating Minister for the Economy Airlangga Hartarto announced a 3% Sales tax … Read more
Bukalapak’s Strategic Shift: Closing Marketplace Services to Focus on Virtual Products In a bold move that has sent ripples through Indonesia’s e-commerce landscape, Bukalapak, one of the country’s largest online marketplaces, has announced the closure of its physical product sales services. The company plans to pivot its focus exclusively to virtual products, such as … Read more
Indonesia’s 2025 Hybrid Car Tax incentives: What US Drivers Should Know Table of Contents Indonesia’s 2025 Hybrid Car Tax incentives: What US Drivers Should Know Understanding Indonesia’s Hybrid Car Tax Structure Global Implications and US Relevance Hybrid Car Tax Incentives: Lower Prices on the Horizon? Understanding the Tax Implications Incentives Drive Down Costs Indonesia’s Hybrid … Read more
Indonesian VP Takes Reins as President Attends Egypt Conference Indonesian President Prabowo Subianto is currently on a working visit to Cairo, Egypt, to attend a high-level conference. during his absence, he has appointed Vice President Gibran Rakabuming to handle the day-to-day responsibilities of the presidency. This delegation of power is officially outlined in Presidential … Read more
indonesia Raises VAT, Offers Incentives to Ease Economic Impact Table of Contents indonesia Raises VAT, Offers Incentives to Ease Economic Impact Balancing Growth and Consumer Protection US Parallels and Global Implications Indonesia Revives Subsidized Property Taxes Indonesia’s VAT Hike: A Balancing Act Between Growth and Consumer Costs? Indonesia’s government is moving forward with a planned … Read more
Jakarta – President Prabowo Subianto wants to bring Indonesia into the economic group of Brazil, Russia, India, China and South Africa or something called BRICS. The reason is to uphold the principles of the non-aligned movement that Indonesia adheres to. This was what the Coordinating Minister of Economic Affairs, Airlangga Hartarto, told journalists in his … Read more
Jakarta – Prabowo Subianto formed the Red and White Cabinet on Monday (21/10). In this line of ministers, there are 19 ministers who graduated from campuses abroad. The Red and White Cabinet will work under the government of President Prabowo Subianto and Vice President Gibran Rakabuming Raka. This cabinet has 14 new ministries out of … Read more
Jakarta – 7th President of the Republic of Indonesia Joko Widodo (Jokowi) is preparing to return to Solo after the inauguration of the President Subianto game and Vice President Gibran Rakabuming Raka. Jokowi handed over the people’s dreams to Prabowo. “Therefore, I am informing Mr. President, I fully surrender the dreams, hopes and aspirations of … Read more
Jakarta – Coordinating Minister of the Economy Airlangga Hartarto assessed that the strengthening position of the rupiah exchange rate against the US dollar is proof that the Indonesian economy is in a controlled state. This is in response to five consecutive months of deflation which was related to economic conditions. Airlangga said that no one … Read more