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Search result with “Indonesia Regional Revenue” as a keyword founded 148 news.

What You Need to Know About Indonesia’s Revised Mining Law

... -tax revenue from mining operations. The government can assign state and regional ... years. Corruption Concerns Raised by Indonesia Corruption Watch (ICW) The expanded ... has raised concerns from the Indonesia Corruption Watch (ICW), particularly regarding ...
Business Feb 20, 2025 | 12:16 pm

Government Spending Cuts Could Hurt Hospitality Industry: PHRI

... 50.5 trillion from transfers to regional governments. President Prabowo Subianto issued ... hotels across Indonesia rely heavily on government activities for revenue, especially in ... a more balanced approach to protect regional tourism ecosystems. “In our view ...
Lifestyle Feb 7, 2025 | 5:27 pm

Indonesia Spends $2.69 Billion for Development of Future Capital Nusantara

... 2024 for the development of Indonesia's future capital, Nusantara, accounting for ... the fastest-growing province in Indonesia. "Kalimantan's economy grew by 4.5 percent ... the State Budget and the Regional Revenue and Expenditure Budget," he added ...
News Jan 6, 2025 | 5:25 pm

Sri Mulyani Admits First Half of 2024 Was Tough

... the ministry reported that tax revenue had dropped by 7.9 percent ... tough. ... Our tax revenue had declined sharply at the ... election in February. Indonesia also held a regional election in November. ... earlier estimated. The state revenue has started to recover ...
Business Jan 2, 2025 | 6:54 pm

Half of Municipally-Owned Companies Become Liabilities Due to Cronyism: Minister

... losses of nearly half of Indonesia’s 1,057 municipally- and provincially- ... public services, including water utilities, regional development banks, traditional markets, tourist ... their management to improve local revenue streams and reduce financial dependency ...
Business Dec 18, 2024 | 8:49 pm

From Struggles in the UK to Global Dominance: Uniqlo CEO Talks 40 Years of Success

... stores across 27 cities in Indonesia as of September. Q: What ... three. I started with a regional business and expanded nationwide. When ... ). I had global ambitions when revenue hit 300 billion yen ($2 billion ... yen ($20 billion) in revenue, and we’ve just started ...
Business Nov 18, 2024 | 11:06 pm

Business Association Says Indonesia Already Has Highest VAT Rate in Region

... (Apregindo) said on Monday. Indonesia will impose a 12 percent VAT ... of 11 percent, Indonesia already holds the regional record for the ... 7 percent in Thailand. Indonesia already has the highest VAT ... government's shortcut to boost revenue in the state budget. ...
Business Nov 18, 2024 | 7:24 pm

Indonesia Sets 5.2 Pct Growth Target for 2025 State Budget Under New President

... Address on Friday. In 2023, Indonesia’s economy grew by 5.05 ... a 5 percent growth rate for Indonesia in the current and next ... Rp 919.9 trillion for regional transfers. State revenue is projected at Rp ... 2,490.9 trillion in tax revenue and Rp 505.4 trillion in ...
Business Aug 16, 2024 | 3:50 pm

Indonesia Gears Up for Its Largest Shopping Festival

... ($1.5 billion), doubling the revenue from the Jakarta Great ... annual shopping festival, celebrating Indonesia's 79th Independence Day, is ... to 79%, corresponding with Indonesia's 79th anniversary. Shinta Kamdani ... "We have written to regional heads where the ISF ...
Lifestyle Jul 31, 2024 | 9:35 am

President Jokowi Inaugurates Batang Integrated Industrial Area, Welcomes New Companies

... operations soon, including KCC Glass Indonesia in September, followed by plastic ... , thereby contributing to national revenue through taxes and regional income through retributions ... industrial estate. The KCC Glass Indonesia plant sits on 49 hectares ...
Business Jul 26, 2024 | 8:19 pm

No More Import Please, Jokowi Tells Regents

... ” Widodo does not want Indonesia's regents to spend the ... mention the non-tax state revenue, dividends, and royalties,” ... revenue. [The minister] then transfers [part of] the money to the regional ... to Rp 857.6 trillion. Indonesia has maintained a trade surplus ...
Business Jul 10, 2024 | 1:07 pm

Indonesia Maintains Budget Deficit Target Amid Tax Revenue Dip

... 6.2 percent decline in state revenue. Finance Minister Sri Mulyani ... trillion from non-tax revenue. Tax revenue, at Rp 893.8 ... contracted, leading to a total state revenue of Rp 1,320.7 trillion, ... Rp 400.1 trillion for regional transfers. "Central government ...
Business Jul 8, 2024 | 5:26 pm

Draconian Policy Against Palm Oil

... both central and regional levels in various ... government procurement processes, a regional state in Pakistan proposed a ... crucial source of export revenue for Indonesia, generating around $ 22 ... discriminatory and biased. Indonesia believes that environmental ...
Opinion Jun 19, 2024 | 7:10 am

FUTR Announces Strong Performance in 2023

... .2 million in 2023. Its revenue also jumped 204.7 percent from ... 24 percent of FUTR’s net revenue in 2023, respectively. Followed ... With the rapid progress of Indonesia and other Asian countries in ... built has also collaborated with regional partners as part of ...
Special Updates Jun 16, 2024 | 7:22 am

Bali Launches Investment Tender for Subway System Connecting Airport to Canggu

... from Malaysia, and two from Indonesia. Sang Made highlighted that this ... not rely on state or regional budgets and is expected to ... high-quality tourists, creating new revenue streams and establishing Bali as ...
Business May 29, 2024 | 3:32 pm

Rise of IMIP: The Metamorphosis of Morowali's Forests into an Industrial Hub

... industrial park contributing significantly to Indonesia's revenue, with tax and royalty earnings ... . The integrated industrial area of Indonesia Morowali Industrial Park (IMIP). ... Sulawesi branch of Bank Indonesia, the regional gross domestic product (GDP ...
Business Jan 31, 2024 | 3:51 pm

Indonesia Leads Southeast Asia in Online and Mobile Gaming

Jakarta. Indonesia has emerged as the frontrunner in the regional online and mobile ... gaming industry, anticipating increased revenue and ... 140,000 jobs in 2021. Indonesia solidifies its position as one ...
Tech Jan 19, 2024 | 3:46 pm

Indonesia Eyes $25B Additional Revenue from Visa-Free Entry Policy

... $25 billion in additional revenue through the implementation of ... provisions under regional economic integration. While Indonesia targets revenue of Rp ... during their stay in Indonesia. However, Sandiaga noted ... time and money in Indonesia. Among the 20 ...
Business Jan 4, 2024 | 1:35 pm

Indonesia Mulls Extending Visa-Free Entry to 20 Nations

... With the country targeting revenue of Rp 200 trillion ... mutual visa-free arrangement under regional economic integration. "We are ... spend more time in Indonesia and make substantial ... significant influx of tourists into Indonesia. Additionally, we have observed ...
Lifestyle Dec 7, 2023 | 6:11 pm

Gov't Mulls Increasing VAT Incentive Cap on Home Purchases to Rp 5 Billion

... on any house purchase in Indonesia, posing a substantial hurdle for first ... a significant role in tax revenue, contributing 9.3 percent, and regional revenue, accounting for 31 ...
Business Nov 1, 2023 | 11:54 am
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