Business News
REI TELLS GOVT TO FULFILL PLEDGE ON TAX INCENTIVES FOR PROPERTY
Real Estate Indonesia (REI) has called on the government to immediately fulfill its promise to provide the property industry with tax incentives to help it recover from its stagnation.“We hope it will be as soon as possible,” REI secretary-general Paulus Totok Lusida said during the 2019 Property Outlook event in…
Government Doubles Down on Building More, Better-Quality Homes
The housing program that Jokowi launched in 2015 aims to reduce the country’s housing backlog from 7.6 million in 2015 to 5.4 million this year, especially for lower-income families. In the three years since its launch, the program has built 3.45 million housing units. The subsidized housing units are small,…
INDONESIAN PRESIDENT CHAIRS MEETING ON OIL AND GAS DRAFT LAW
Jakarta (ANTARA News) - Indonesian President Joko Widodo chaired a limited cabinet meeting here on Wednesday to discuss the draft law on oil and gas initiated by the House of Representatives (DPR).The president urged ministers attending the meeting to conduct a thorough and careful study of the draft law to…
INDONESIA, MOROCCO IDENTITY POTENTIAL PRODUCTS TO INCREASE BILATERAL TRADE
Jakarta (ANTARA News) - Indonesia and Morocco have identified their potential products to increase the two countries`s bilateral trade in the wake of preferential trade agreement (PTA), a top Indonesian government official said."The two countries have identified potential sectors and products whose trade could be increased," Director of Bilateral Negotiations…
