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Indonesia Targeting to Produces 600,000 Electric Cars in 2030

JAKARTA (TheInsiderStories) - The Industry Ministry is targeting to produce 600,000 units of electric cars and 2.45 million units of battery-powered motorcycles in 2030, said the minister...

Indonesia Gives Another Tax Incentives for Car Producer

JAKARTA (TheInsiderStories) - Indonesian government provided another luxury goods tax for cars with cylinder capacities more than 1,500 cc to 2,500 cc, finance ministry announced on...

Indonesia Examines Tax Relaxation for Larger Type of Cars

JAKARTA (TheInsiderStories) - President Joko Widodo asked industry ministry to examine an expanding and deepening luxurious tax for motorized vehicles with cylinder more than 1,500...

Indonesian Car Sales Drops 38% in February Amidst the Low Demand

JAKARTA (TheInsiderStories) - The Association of Indonesian Automotive Industries (GAIKINDO) reported, the realization of car sales in February fell by 38.22 percent to 49,202 units...

Indonesia Gives Stimulus for Property and Automotive Sectors

JAKARTA (TheInsiderStories) - Starting today, a zero percent down payment for landed house, flat, shop, and office together with automotive sectors is officially valid after Bank...

Indonesia Loosen Income Tax for Foreign Investor

JAKARTA (TheInsiderStories) - Foreign investors get tax incentives from the government to support ease of doing business. Based on the Government Regulation Number 9 of 2021,...

Indonesia Extends Tax Incentive for the Health Sector

JAKARTA (TheInsiderStories) - Minister of finance, Sri Mulyani Indrawati, has extended the tax incentives for the health sector in Indonesia, including the pharmaceutical industry until...

Indonesia Gives More Incentives for Mining, Energy Producers

JAKARTA (TheInsiderStories) - Indonesian government prepared various incentives for mining, oil and gas players to support the downstream projects and to boost the national productions....

Indonesia Give Stimulus to Curbs Declining Investment in the Energy Sector

JAKARTA (TheInsiderStories) - Indonesian government ensures to maintain the investment climate of upstream oil and gas sector during the pandemic by giving nine stimulus packages. Earlier,...

Indonesia Expanding Tax Incentives for Investors

JAKARTA (TheInsiderStories) - Indonesian government give more stimulus for investors by issued a new incentives through Government Regulation Number 78 of 2019 concerning income...

Indonesia to Reduces Investment Barriers in Property Sector

JAKARTA (TheInsiderStories) - Indonesian government through the agrarian spatial planning ministry aimed to reduce investment barriers in the property sector, one of which is...

Indonesia Gives Tax Incentives for Oil and Gas Producer

JAKARTA (TheInsiderStories) - Indonesia' tax office give several tax incentives for oil and gas contractors in the form of value-added tax (VAT) and luxury...

South Korea’s Hyundai Aims to Build High Technology Car Factory in...

JAKARTA (TheInsiderStories) - South Korea' Hyundai Motor Group top management met with Indonesian President Joko Widodo at the Merdeka Palace, Jakarta today (07/25) to inform the...

Indonesia Prepares More Incentives for Investors

JAKARTA (TheInsiderStories) - Government continues stimulate investors to bring more money to Indonesia by provide fiscal incentives to them. After cutting property income taxes,...

Indonesia, Kufpec Ventures Signs Anambas Block Contract

JAKARTA (TheInsiderStories) - Ministry of Energy and Mineral Resources (MEMR) and Kuwait-based energy firm Kufpec Regional Ventures (Indonesia) Ltd., officially signed the gross split...

More Incentives for Companies Conducting IPO in Indonesia

JAKARTA (TheInsiderStories) – Indonesian government continues to encourage more companies to take floor on the stock market through incentives and tax facilities senior officials...

Indonesia Keep Pushing Tax Incentives to Attract Capital Inflows

JAKARTA (TheInsiderStories) - The Indonesian government continues to push tax incentives to attract capital inflows enter the country. For an example, the government plans...

President Widodo Encourages the National Automotive Industry to Innovate

JAKARTA (TheInsiderStories) - President Joko Widodo encourage the domestic auto industry to continue to work hard and spawn innovation. He hoped that the Indonesian...

Indonesian Government Revises Fiscal Incentives to Stimulate Investment

JAKARTA (TheInsiderStories) - The government of President Joko Widodo will revise certain rules relating to fiscal incentives in order to encourage investors to come to...
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