Tag: fiscal incentives
Weekly Briefing: Investors Anticipating Stimulus Policy Actions
JAKARTA (TheInsiderStories) - Good Morning! After a week of turmoil in global markets, triggered by the oil price slump and increasing use of containment measures amid...
Indonesia Widens 2020 State Budget Deficit to 2.5% of GDP
JAKARTA (TheInsiderStories) - Indonesian government widens the deficit of 2020 State Budget to 2.5 percent, from initially 1.76 percent of gross domestic products (GDP), said...
Breaking News: Indonesia Gives New Stimulus US$10B
(JAKARTA (TheInsiderStories) - Indonesian government prepares second stimulus Rp147.90 trillion (US$10.20 billion) for the industry to help the domestic economy from COVID-19 effect, said senior...
Indonesia’s DAMRI to Spend US$150M for Electric Cars
JAKARTA (TheInsiderStories) - Indonesia' oldest car company, Djawatan Angkoetan Motor Repoeblik Indonesian, or well-known as DAMRI prepared funds around US$150 million to replace 500 diesel buses...
Indonesia Gives Incentives for Airlines to Lowering Ticket Price
JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo immediately set a fiscal incentives for airlines to lowering the domestic airfare tariff. The fiscal incentives were...
Korean Automotive Company Invests US$2.83B in Indonesia
JAKARTA (TheInsiderStories) - The Korean automotive company, Hyundai Motor Company (HMC) will realize an investment in Indonesia around US$2.83 billion (Rp40 trillion). It was...
Indonesia to Expands Incentives for SEZ to Improve Trade Balance
JAKARTA (TheInsiderStories) - Indonesian government will bring forth a policy to address the trade and current account balance, said the official on Tuesday (05/28)....
Eight Companies with a US$11B Investment Granted Tax Holiday from Indonesia
JAKARTA (TheInsiderStories) - Indonesian government granted tax holiday to eight companies with valued Rp161.3 trillion (US$11.12 billion) investment, said one senior official on Thursday (18/10)....
Government to Create New Fiscal Incentives to Attract Investors
JAKARTA (TheInsiderStories) — The Indonesian government is considering ways to offer novel fiscal incentives to investors, as those provided earlier appear to have failed to...
