State-owned railway company PT Kereta Api Indonesia (KAI) has sold 803,626 tickets for medium- and long-distance trains ahead of the Christmas and New Year holiday season, this year.
President Prabowo Subianto emphasized that the implementation of the 12% Value Added Tax (VAT), effective from 2025, will strictly adhere to existing laws while being selectively applied. Learn more!
PT Garuda Indonesia (Persero) plans to expand its fleet by 15-20 aircraft in 2025, CEO Wamildan Tsani Panjaitan announced in a press conference on Friday (6/12/2024). Learn more!
President Prabowo Subianto has invited Japanese companies to collaborate on the construction of a massive sea wall along Jakarta’s northern coast, aiming to protect the city from rising sea levels. Read more!
President Prabowo Subianto has called for a review of the planned 12% Value-Added Tax, exploring a multi-tier system in response to public concerns ahead of its 1 January 2025 implementation. Read more!
Minister of State-Owned Enterprises Erick Thohir announced a 10% reduction in airfares for the Christmas 2024 and New Year 2025 holiday period. Read more!
The Central Bank, Bank Indonesia, has raised concerns about the economic and financial risks posed by online gambling, highlighting its impact on household savings, economic growth, and financial stability. Read more!
President Prabowo Subianto announced that Indonesia will cease rice imports in 2025, supported by nearly 2 million tons of reserves in Bulog warehouses. Learn more!
President Prabowo Subianto has confirmed Indonesia’s plan to join major global economic blocs, including BRICS and the OECD, to advance national economic interests. Learn more!
Coordinating Minister for Food Affairs Zulkifli Hasan confirmed on Monday (2/12/2024) that food supplies and prices in Indonesia are secure as the year-end holiday season approaches. Read more!
The Indonesian Chamber of Commerce and Industry has urged employers to avoid layoffs following the government’s decision to raise the provincial minimum wage by 6.5% for 2025. Learn more!
Coordinating Minister for Economic Affairs Airlangga Hartarto announced plans to establish a Task Force on Layoffs in response to the recent 6.5% increase in the provincial minimum wage for 2025. Learn more!
