Business News
Boosting Lobster to Seaweed Exports, KKP Develops a Cultivation Village
The Ministry of Marine Affairs and Fisheries (KKP) affirms its commitment to developing aquaculture supported by scientific studies and careful business planning. This step is at the same time to improve the people's economy and increase state income."As we know, aquaculture has received the attention of President Joko Widodo, and…
Details of the PP Derivative of the Marine Sector Job Creation Law, from Ease of Investment to Social Security
Minister of Marine Affairs and Fisheries Sakti Wahyu Trenggono revealed, of a total of 51 implementing regulations for the Job Creation Law, three of them are related to the marine and fisheries sectors. One of them is Government Regulation Number 27 of 2021 concerning the Implementation of the Marine and…
Indonesia to Waive VAT on New Home Sales to Spur Property Sales
Indonesia will waive value-added taxes on new home sales, its latest move to spur property investments and jumpstart economic activity. The government will shoulder the VAT on new landed houses and apartments priced below 2 billion rupiah ($140,300), while VAT will be reduced by half for properties costing 2 billion…
Tourism Minister Plans to Implement Free Covid Corridor in Bali
Tourism and Creative Economy Minister Sandiaga Uno on Monday said that he plans to reopen Bali’s tourism through a program entitled the ‘Free Covid Corridor’ which he said was formed based on input from tourism businesses in Bali that were often mentioned to the government in multiple occasions. “We are…
