Business News

To Boost the 5G Industry, the Minister of Industry Offers Land Exemption Incentives and a "Tax Holiday"

The Indonesian government, through the Ministry of Industry, is actively promoting the development of the 5G industry by offering incentives such as land exemptions, tax allowances, and tax holidays. This initiative aims to accelerate 5G adoption, enhance industrial competitiveness, and position Indonesia as a key player in the global digital…

The Ministry of Trade and the Ministry of State-Owned Enterprises Encourage National Economic Growth through MSMEs

Deputy Minister of Trade Dyah Roro Esti and Deputy Minister of State-Owned Enterprises Kartika Wirjoatmodjo discussed the signing of a memorandum of understanding between the Ministry of Trade and the Ministry of SOEs on the synergy for developing and empowering export-ready MSMEs in Jakarta on February 24, 2025. This collaboration…

SMBC Indonesia Holds Economic Outlook, Discusses Economic-Political Direction for 2025

PT Bank SMBC Indonesia Tbk (SMBC Indonesia) hosted the SMBC Indonesia Economic Outlook 2025, themed Opportunities and Challenges 2025: Synergy Between Public and Private Sectors, reflecting its renewed spirit of Bersama Lebih Bermakna after its brand transformation. Attended by economic experts and political analysts, the event explored Indonesia’s economic direction,…

The Central Java and Yogyakarta Customs Office Granted KITE Return Facility to a Company for USD 4 Million in Foreign Exchange Contributions

The Regional Office (Kanwil) of Central Java and Yogyakarta Customs has granted a fiscal facility permit for the Import Facility for Export Purpose of Return (KITE Pengembalian) to PT Natura Aromatik Nusantara, to support the export of aroma chemical products to several countries, including China, India, Spain, France and Germany.…
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