Business News

18 Countries Discuss Halal Cooperation with Indonesia

Representatives from 18 embassies of friendly countries in Indonesia participated in the Focus Group Discussion (FGD) with the topic of International Cooperation related to Halal Certification in Indonesia. They are envoys from Australia, China, Denmark, EU, India, UK, Italy, Japan, Germany, South Korea, Norway, France, Singapore, Sweden, Vietnam, New Zealand,…

The Ministry of Finance: Digital Product VAT Receipts Reach IDR 5.03 trillion

The Expert Staff of the Minister of Finance for Tax Compliance, Yon Arsal, said that the receipt of the Value Added Tax (VAT) for Trading Through the Electronic System (PMSE) for digital products had reached IDR 5.03 trillion from 2020 to January 31, 2022. "Since its implementation in 2020 until…

Indonesia Records Economic Growth of 5.02% in the Fourth Quarter of 2021

The Statistics Indonesia (BPS) recorded economic growth of 5.02 percent in the fourth quarter of 2021. Annually, Indonesia's GDP grew 3.69 percent over the past year. This number increased when compared to the third quarter of 2021 which grew 3.51 percent. Meanwhile, in the fourth quarter of 2020, Indonesia's economic…

KKP Implements Quota-Based Quantifiable Fishing to Boost Economic Potential

The Ministry of Maritime Affairs and Fisheries (KKP) applies a quota-based measurable catch to boost the economic potential of marine products. The Minister of Maritime Affairs and Fisheries Sakti Wahyu Trenggono said that this step was in the context of implementing the blue economy program which is the direction of…
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