Tax Incentives to Spur Use of Electric Buses

Vietnam’s VNExpress is reporting that Indonesia’s Ministry of Finance recently announced tax incentives of 5-percent and 10-percent for electric buses with a localization rate of 20-percent and at least 40-percent, respectively, in a bid to spur the use of public transport using electric motors in the country. Developing electric buses is part of the solution
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Indonesia’s GDP Projected to Rise in 2024

Speaking at a press conference in South Jakarta on Wednesday (27/3/24,) Johanna Gani, CEO of Grant Thornton Indonesia, predicts that Indonesia’s gross domestic product (GDP) will see 5.3 to 5.7 percent growth in 2024. Together with Katadata Insight Center, the projection was revealed in the Unraveling Indonesia Prospects in 2024 report, according to reporting from
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