Extending Tax Relief: Key Incentives Set to Drive Growth in 2025
Coordinating Minister for Economic Affairs, Airlangga Hartarto, convened a limited coordination meeting on Sunday, November 3, 2024, to boost policy alignment, prioritize work programs, and prepare various sectors for Indonesia’s economic targets in 2024. The meeting addressed several short-term initiatives across economic ministries to achieve key economic goals. “This coordination meeting aims to follow up
The post Extending Tax Relief: Key Incentives Set to Drive Growth in 2025 appeared first on Invest Indonesia.
Minimum Wages Under Review as Constitutional Court Revises Job Creation Law
Jakarta Globe is reporting that President Prabowo Subianto has directed his cabinet to implement the Constitutional Court’s ruling that annulled 21 articles of the Job Creation Law, stressing the need for regulations on the minimum wage by November 26. After a cabinet meeting on Monday (4/11/24,) Justice Minister Supratman Andi Agtas confirmed that all ministers present
The post Minimum Wages Under Review as Constitutional Court Revises Job Creation Law appeared first on Invest Indonesia.
Revised Export Rules Aim to Encourage Longer Domestic Fund Retention
Chief Economic Affairs Minister, Airlangga Hartarto, said on Monday (4/11/24,) that the Indonesian government is set to revise regulations on foreign exchange earnings from natural resource exports (DHE SDA), aiming to encourage exporters to retain funds longer within the domestic financial market, saying that “we need these export earnings to bring greater inflows into Indonesia,”
The post Revised Export Rules Aim to Encourage Longer Domestic Fund Retention appeared first on Invest Indonesia.
