Airport Fee Discount Announced for Holiday Season 2024
As the holiday season approaches, travelers across Indonesia can rejoice with the government’s announcement of a 50% discount on airport fees for Christmas 2024 and New Year 2025. This initiative, spearheaded by the Ministry of Transportation, aims to ease travel costs during one of the busiest times of the year. This discount promises significant
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Prabowo Asks UAE to Bolster Sovereign Wealth Fund
President Prabowo Subianto wants the United Arab Emirates (UAE) to share its best practices on how a country can better run its sovereign wealth fund, according to reporting from Jakarta Globe. The government launched the Indonesia Investment Authority (INA) under the previous Jokowi administration back in 2021. Its portfolio includes the Belawan New Container Terminal
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Indonesia, Singapore to Step Up Blue Economy Initiatives
During a meeting between Indonesia’s Marine Affairs and Fisheries Minister, Sakti Wahyu Trenggono and Singaporean Ambassador to Indonesia Kwok Fook Seng in Jakarta, on Friday (22/11/24,) the two countries pledged to step up cooperation in the marine and fisheries sectors, including implementing blue economy programs, according to reporting from Antara News. “We are genuinely determined
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Economists Say VAT Hike Will Burden Middle Class
Tempo is reporting that an economist from Segara Institute, Piter Abdullah, has assessed that the proposed Value Added Tax (VAT) hike from 11 percent to 12 percent is likely to burden Indonesia’s middle class , saying that currently, there is no government regulation easing the life of the middle class. On the contrary, the middle class
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