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Search result with “Luxury Goods” as a keyword founded 103 news.
Indonesia Shuts Tiffany & Co Stores over Alleged Undeclared Imports
... luxury jeweler Tiffany & Co. over suspected illegal imports of high-value goods ... with regulations and bring goods into the country through ... any company that imports goods illegally will be shut ... market of illegally imported goods, noting that strict enforcement ...News Feb 12, 2026 | 10:20 pm
KPK Uncovers Rp 7 Billion Monthly Bribe Scheme Involving Customs Officials
... to allow counterfeit and undeclared goods to enter the country. The ... reached approximately Rp 7 billion. The goods that were passed through included ... ($2.4 million), 5.3 kilograms of gold, and a luxury wristwatch. The KPK said the ...News Feb 6, 2026 | 2:08 pm
Scrapping EV Incentives May Be Premature, Analysts Warn
... duties and a 15% reduction in luxury goods sales tax, while locally assembled ...Business Jan 25, 2026 | 11:54 pm
Government Still Chasing Rp 442.5 Trillion to Meet 2025 Tax Target
... , up 1.4%. Value-added tax and luxury goods sales tax stood at Rp ...Business Dec 19, 2025 | 1:17 pm
Nine Global EV Brands Commit to Local Production in Indonesia, Government Says
... -duty exemptions and relief on luxury goods tax and value-added tax ...Business Dec 19, 2025 | 10:56 am
Luxury Fashion Firms Asked for Documents as Part of Italian Labor Abuse Probe
... . Italian prosecutors have asked 13 luxury fashion firms to provide documents ... by high-end brands. A leather goods operator works at the Prada ... ) Last month, Milan prosecutors placed luxury group Tod’s and three of ...Lifestyle Dec 4, 2025 | 10:46 pm
Prada Finalizes Purchase of Rival Versace for $1.4 Billion, Launching New Era
... Versace shop, at the Montenapoleone luxury fashion street, in Milan, ... the group’s Scandicci leather goods factory, which already makes ... machines inside the leather goods factory, where trainees were ... year, including a new leather goods factory near Siena, a new ...Lifestyle Dec 3, 2025 | 12:30 am
Trump Cuts Tariffs on China After Meeting Xi in South Korea
... percent import tax on Chinese goods, and China showed signs it ... those summits often happen at luxury spaces, this meeting took place ...Business Oct 30, 2025 | 5:01 pm
Purbaya Warns 1% VAT Cut Would Wipe Out Rp 70 Trillion in State Revenue
... the higher rate only to luxury goods. Business associations have since urged ...Business Oct 28, 2025 | 7:01 pm
Prabowo, Trump to Fly to Kuala Lumpur for ASEAN Summit
... Trump Organization, a conglomerate with a vast luxury real estate portfolio. The company ... a tariff campaign against Jakarta. Indonesian goods are now subject to 19 ...News Oct 23, 2025 | 11:09 am
Prabowo Tasks Finance Minister to Lift Tax Revenue, Revise Export Rules
... currently applies only to luxury goods, while most goods and services remain taxed ...Business Oct 16, 2025 | 6:05 pm
Retail Leaders Call for 9% VAT to Revive Spending and Rival Vietnam’s Growth
... activities rather than purchasing consumer goods. “Look at the malls ... spend on non-essential goods as incomes have not ... 12% VAT Increase on Luxury Goods Starting January 2025 Under the ... percent rate only to luxury goods, while most goods and services remain ...Business Oct 16, 2025 | 4:23 pm
Prabowo Calls Trump’s Tariff Campaign A Wake-Up Call
... 19 percent tariffs on Indonesian goods since August. He admitted that ... ’t open their markets to American goods. … It’s the duty of every ... percent to boost purchasing power. Luxury goods and services are subject to ...Business Oct 16, 2025 | 9:51 am
Finance Minister Mulls VAT Cut to Boost Consumer Spending
... currently applies only to luxury goods, while most goods and services remain taxed ...Business Oct 15, 2025 | 8:52 am
Industry Ministry to End CBU Electric Vehicle Incentives in 2026
... as well as reductions in luxury goods sales tax (PPnBM) and value ...News Sep 12, 2025 | 2:29 pm
D-HUB SEZ BSD City Drives Indonesia’s 4 Strategic Sectors
... tax allowances, exemption from VAT, luxury goods sales tax, customs duties, and ...Special Updates Sep 10, 2025 | 7:36 am
From Anger to Action: Public-Private Partnerships as a Path Forward
... other taxes, affecting both luxury items and everyday goods, are designed to ... taxes, affecting a broad spectrum of goods, has raised concerns about the ... up the cost of essential goods, people’s purchasing power has been ...Opinion Sep 6, 2025 | 2:51 pm
MPs Uya Kuya and Eko Patrio Apologize but Fail to Stop Mobs Looting Their Jakarta Homes
... electronic goods and clothing. Around the same time, protesters targeted the luxury ...News Aug 31, 2025 | 3:56 am
No More Free Ride: Imported EV Incentives Expire on December 31
... in combined import duty and luxury goods tax, companies enjoyed a steep discount ...Business Aug 27, 2025 | 2:49 pm
Erajaya Books $36 Million Profit in First Half of 2025 on Strong Smartphone Sales
... demand and government incentives, including luxury goods tax breaks and green industry ...Business Aug 13, 2025 | 4:52 am
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