Business News
Until January 2024, the Government will Collect Digital Tax Deposits of IDR 17.46 Trillion
The government's endeavors to implement value-added tax (VAT) on digital trade through the Digital Trade System (PMSE) have proven fruitful, with VAT collections totaling IDR 17.46 trillion by January 2024. This cumulative amount reflects contributions from various years, demonstrating the increasing compliance of 153 designated PMSE entities out of the…
Entrepreneur Claims Plan to Import 400 Thousand Australian Cattle
The Association of Indonesian Beef Cattle Farmers (GAPUSPINDO) supports the government's decision to import feeder cattle from Australia to address the national beef shortage. Director Djoni Liano emphasizes the necessity of this policy to meet the increasing beef demand and prevent the depletion of local cattle and buffalo populations. Despite…
The Ministry of Maritime Affairs and Fisheries Formulated a Blue Economy Policy Towards Golden Indonesia 2045
The Ministry of Maritime Affairs and Fisheries (KKP) is actively crafting a blue economy policy to actualize Indonesia's ambitious Golden Vision by 2045. Minister Sakti Wahyu Trenggono highlighted the extensive legislative history of KKP, with 250 regulations issued since its inception in 1999, covering both national and international agreements. During…
The Manufacturing Industry Still Dominates National Export Achievements
The non-oil and gas processing sector continues to serve as a primary pillar supporting national exports, particularly through the substantial contribution of manufactured products. Indonesia's economic growth is significantly influenced by the consistency of the manufacturing industry as the largest contributor to boosting export performance. In 2023, the Ministry of…