Tour de Siak 2024: Indonesia’s Premier Cycling Race Returns This December
The Tour de Siak, one of Indonesia’s most anticipated cycling events, is set to return this December 2024. Cyclists from around the globe will race across the stunning landscapes of Siak, Riau Province, drawing global attention to the region. This year’s event promises not only thrilling competition but also significant economic benefits for local
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Minister Sri Mulyani Confirms VAT Hike Starting January 2025
Indonesia’s Minister of Finance, Sri Mulyani Indrawati, ensures that the increase in the value-added tax (VAT) rate from the previous 11% to 12% on January 1, 2025, will be implemented. What goods are affected and unaffected by this VAT hike? Keeping State Budget Healthy Indonesia’s Ministry of Finance is continuing its efforts to boost tax
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Ombudsman: Significant Improvements in Public Service Quality
Speaking to participants of the 2024 Public Service Compliance Assessment Awarding Event on Thursday (14/11/24,) Chair of the Indonesian Ombudsman, Mokhammad Najih said that the quality of public services in 2024 has improved significantly compared to 2021, according to reporting from Antara News. The improvement is reflected in the number of public service providers in
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Govt Suggests Airfares Could Drop for Christmas
Speaking to reporters in Jakarta on Thursday (14/11/24,) Indonesia’s Deputy Minister of Transportation, Suntana raised the possibility of airfares being lowered ahead of the upcoming Christmas and New Year holidays to ease travel costs, according to reporting from Antara News. “After the calculation at the meeting, the airline ticket (price) is likely to go down,”
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October Exports Exceed Forecasts
Channel News Asia (CNA) is reporting that Indonesia’s exports rose 10.25 percent in October from a year earlier to USD 24.41 billion, official data showed on Friday (15/11/24,) far above a forecast rise of 3.84 percent in a Reuters poll of analysts. Shipments of palm oil, Indonesia’s top export product, rose an annual 25.35 percent
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