Business News
Indonesia Offers More Aggressive Tax Perks for Electric Vehicles
Indonesia, a top supplier of a key battery metal, will aim to boost sales of electric vehicles with a new regulation that will cut tax breaks for hybrid cars.Battery-powered electric vehicles will retain their 0% luxury tax rate, while plug-in hybrid vehicles will see their tariff increase to 5% from…
Jokowi Removes Coal from the Hazardous Waste Category
Coal waste is excluded from the list of hazardous and toxic waste categories (B3 Waste). This abolition is contained in Government Regulation (PP) Number 22 of 2021 concerning the Implementation of Environmental Protection and Management and is one of the derivative regulations of the Job Creation Law. The hazardous waste…
Car Sales Skyrocketed Post-PPnBM Relaxation 0 Percent New Cars
The policy to reduce the sales tax rate on luxury goods borne by the government (PPnBM DTP) for cars is starting to bear fruit with the increase in orders experienced by a number of domestic principals. It is hoped that this positive impact will accelerate efforts to recover the national…
Growing Rapidly, the Game Industry has the Opportunity to be Indonesia's Leading Sector
When other business sectors were sluggish, the gaming industry in Indonesia actually grew positively during the Covid-19 pandemic. Activity restrictions due to the Covid-19 pandemic encourage people to seek entertainment from home, one of which is games. That's why the growth of gamers has increased sharply in the past year,…
