Business News

Equal investment access for MSME cooperatives, large investors assured

President Joko Widodo (Jokowi) has assured that the Indonesian government will ensure both MSME-based investors and cooperatives as well as large-value investors have equal access to investment opportunities in the country. Not just large investors and foreign investors, investors from MSMEs and cooperatives also create job opportunities for the community…

Moeldoko invites banks to support the acceleration of the electric vehicle program

Presidential Chief of Staff Moeldoko asked all parties to work together to support the acceleration of the Battery-Based Electric Motorized Vehicle (KBLBB) Program. "The President has signed Presidential Decree No. 55 of 2019 concerning the Acceleration of the Battery-Based Electric Motor Vehicle Program for Road Transportation. With this policy, it…

Ministry of Trade: Online trade consultation is attractive to business actors

The Ministry of Trade stated that the online consultation service held by the Ministry of Trade during the Implementation of Emergency Community Activity Restrictions (PPKM) was of interest to the public and business actors. Secretary General of the Ministry of Trade Suhanto ensured that online public services would continue to…

G20 ratifies global corporate tax rate of at least 15%

The finance ministers of G20 nations on Saturday greenlighted a tax reform for multinationals that aims to put an end to tax havens around the world by introducing a global corporate tax rate of at least 15 per cent. The G20 gathering was held in the  Italian city of Venice.…
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