Economy

Low Factory Utilization Is Very Dangerous

The Indonesian Automotive Manufacturers Association (Gaikindo) Secretary General Kukuh Kumara believes that the government plan to cut luxury goods sales tax (PPnBM) on new 1,500cc cars will have a big impact upon economic growth. 

Economy

Multi-Mission Incentive

The government rolled out a tax incentive to boost vehicle sales. An effort to keep the automotive industry alive and investors in place.

Economy

Low Factory Utilization Is Very Dangerous

The Indonesian Automotive Manufacturers Association (Gaikindo) Secretary-General Kukuh Kumara believes that the government plans to cut luxury goods sales tax (PPnBM) on new 1,500-cc cars will have a big impact upon economic growth. 

Economy

Multi-Mission Incentive

The government rolled out a tax incentive to boost vehicle sales. An effort to keep the automotive industry alive and investors in place.

Economy

Multi-Mission Incentive

The government rolled out a tax incentive to boost vehicle sales. An effort to keep the automotive industry alive and investors in place.

Economy

We Should Be More Flexible

Dwi Soetjipto, Chairman of the Upstream Oil and Gas Regulatory Task Force (SKK Migas) explained his strategies to boost the oil and gas production which continues to decline and never reaches the target. Moreover, the plan for new investment is still unclear. 

Economy

Rokan’s Ongoing Saga

Only five months left to prepare for the transition towards a new operator for the Rokan Block. A number of problems are still unresolved, while others already await Pertamina. 

Economy

Bitter Aftertaste of Sugar Import Licensing

The government issued permits to import raw sugar for the refined sugar industry in order to cover demand. This policy, however, is deemed insufficient to solve supply shortage for high-quality raw material suffered by a number of food and beverage companies.

Economy

Bitter Aftertaste of Sugar Import Licensing

The government issued permits to import raw sugar for the refined sugar industry in order to cover demand. This policy, however, is deemed insufficient to solve supply shortage for high-quality raw material suffered by a number of food and beverage companies.

Economy

The Long-Awaited Regulations

The House of Representatives is preparing to fast-track the discussions on the New and Renewable Energy Bill. Some new ideas are not accommodated.

Economy

Ahead of Rules

Supported by the capital strength of technology companies, a number of banks are preparing to become digital banks. Regulations are running behind.

Economy

Awaiting Cure for Sriwijaya

The crash of flight SJ-182 is expected to put Sriwijaya Air under immense pressure and the shadows of heaping old debts. 

Economy

We Want Electric Vehicle Investments from Upstream to Downstream

Investment Coordinating Board Chief Bahlil Lahadalia explains the negotiation process with LG Energy Solution. This South Korean company commits to invest US$9.8 billion to build electric car battery production center.

Economy

We Are Ready to Pay Out

Robertus Bilitea, chief executive officer, Indonesian Financial Group

Economy

Lost Glory of the Past

Some tobacco farmers are switching to different commodities. They are cornered by regulation and poor trade system.

Economy

Contemplating ON LPG’s Replacements

The government designed various options to curb the increasing cost and consumption of subsidized LPG. There is no clear answer yet on what to decide.

Economy

The High Cost of Substitute Goods

The first coal gasification project will commence by involving two state-owned enterprises. The high risk led to a lengthy discussion for cooperation schemes.

Economy

The Renewed Spirit of Rebana

The government prepares to develop the areas around Patimban Port, by involving regional administration and the private sector.

Economy

Bittersweet Regulations

The government will restructure regulations of refined sugar imports. However, the ministry of industry’s draft regulation is deemed not in line with the cabinet meeting, which had aimed to give direct import licenses to industry users. There are regulations which can potentially make this sector increasingly oligopolistic.

Economy

Share Assets, Avoid Bankruptcy

The assets of several state-owned enterprises will be transferred to investment management institution. There are regulations that are out of sync.