Indonesia Targets Shadow Economy for Tax Revenue
Indonesian government is currently targeting shadow economy, or underground economy, as a significant new source of tax revenue. The diverse potential for taxation within shadow economy operations was expressed by Deputy Minister of Finance, Anggito Abimanyu on 28 October 2024. Coordinating Minister for Economic Affairs, Airlangga Hartarto, shared the same idea that the government
The post Indonesia Targets Shadow Economy for Tax Revenue appeared first on Invest Indonesia.
HydroWing to Launch Tidal Energy Project in Indonesia
According to reporting from Renewables Now, HydroWing, the tidal energy unit of UK-based Inyanga Marine Energy Group, has announced that it has signed a binding agreement with a subholding of Indonesia’s state-owned power utility PT PLN to develop plans for the Southeast Asian country’s first tidal current power plant with a capacity of 10 MW
The post HydroWing to Launch Tidal Energy Project in Indonesia appeared first on Invest Indonesia.
INA, DBIP Announce USD 1 Billion Investment to Boost Economy
According to reporting from The Asset, Indonesia’s Investment Authority (INA), the country’s sovereign wealth fund, and DB Investment Partners (DBIP), a Deutsche Bank Group company and a global private capital investment firm, have teamed up via an investment framework agreement to catalyze growth and economic development in Indonesia. This joint investment initiative will provide bespoke
The post INA, DBIP Announce USD 1 Billion Investment to Boost Economy appeared first on Invest Indonesia.
