Business News
The Government Provides Tax Holidays for Business Actors in the Kendal KEK
The Secretariat General of the National Special Economic Zone Council (Sekjen Denas KEK) has extended a Tax Holiday incentive to businesses investing in the Kendal Special Economic Zone (KEK), entailing a reduction in Corporate Income Tax (PPh Badan). Presently, nine businesses, including PT Kawasan Industri Kendal and PT Masterkidz Indonesia,…
President Jokowi is Optimistic that Indonesia's Economy will Grow Well in 2024
President Joko Widodo expressed optimism for Indonesia's 2024 economic outlook at the 2024 Financial Services Industry Meeting in Jakarta on February 20, 2024. Citing positive indicators, he highlighted a 5.05% economic growth, controlled inflation at 2.57%, a USD 145 billion foreign exchange reserve, a trade surplus of USD 36 billion…
Manufacturing Industry Boosts National Export Performance
The Ministry of Industry (Kemenperin) underscores the continued prominence of the non-oil and gas processing industry as a key contributor to Indonesia's national export performance. Minister of Industry Agus Gumiwang Kartasasmita affirms the significance of the manufacturing sector, which consistently propels national economic growth through the export of various manufactured…
Ministry of Maritime Affairs and Fisheries: Exports of Skipjack Tuna in 2023 will Reach 518.4 Percent
The Ministry of Maritime Affairs and Fisheries (KKP) reports a substantial surge in the export volume of tuna-bonito-mackerel (TCT) commodities to China in 2023, marking an impressive 518.4% increase. Budi Sulistiyo, the Director General for Strengthening the Competitiveness of Marine and Fisheries Products (PDSPKP) at KKP, revealed that the export…
