Business News

Indonesia Sets Carbon Tax Rate at Rp30 per Kilogram

Finance Minister Sri Mulyani assured that the carbon tax will take effect starting April 1, next year. It is regulated in the Taxation Harmonization Law (HPP) ratified by the House of Representatives (DPR). “The carbon tax element will take effect on April 1, 2022, but (the implementation) will follow the…

CIPS: Job Creation Law Facilitates Investment in the Plantation to Livestock Sector

Head of Research Center for Indonesian Policy Studies (CIPS) Felippa Ann Amanta assessed that the Employment Act (UU) has the potential to improve the performance of the national agricultural sector as long as the government pays attention to the sector. “It is still too early to measure the effectiveness of…

Bank Indonesia: Indonesia's Largest Halal Food Market Share in the World

Bank Indonesia noted that Indonesia's halal food market share reached 13 percent of the global market in the second quarter of 2021. This is the largest in the world. "Indonesia's halal food exports also reached USD 10.36 billion in the second quarter of this year or grew by 46 percent,…

Minister of Trade: Indonesia has the Potential to Become a World Superpower in Carbon Trading

Minister of Trade (Mendag) Muhammad Lutfi said, Indonesia has the potential to become a superpower country in the world in carbon trading. "Indonesia has the potential to become a carbon offset superpower in the world through international voluntary carbon trading," he said in his statement, Friday (10/8/2021). Therefore, according to…
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