Tuesday, March 19, 2024 | 10:03 WIB

ECONOMY

Sri Mulyani projects Indonesia’s economy to grow 5.2% in 2024

Finance Minister Sri Mulyani said Indonesia's economy can potentially grow by 5.2 percent in 2024 in line with the projections from several national and international financial institutions, per Katadata, Thursday (4/1).

Indonesia fights for palm oil farmers inclusion in the EU supply chain

The Indonesian government encouraged the implementation of the European Union Deforestation-free Regulation (EUDR) at the Epistemic Community and Market Forum (ECMF) in Madrid and Rome recently. This effort is taken so that small farmers are not excluded from the EU market.

Govt rolls out Rp3.7t allocation for housing incentives

The government has earmarked up to Rp3.7 trillion for housing incentives for fiscal year 2023 and 2024. There are three types of incentive prepared, namely the commercial housing sector, houses for low-income people, and houses for poor people, announced the Public Works and Housing (PUPR) Ministry, per CNBC Indonesia, Fri (1/12).

Govt to waive VAT for the purchase of home under Rp2b until June 2024

The government will grant value added tax (VAT) exemption for home purchase worth under Rp2 billion until June 2024.

Indonesia to tighten import regulations for several goods

They will apply to products ranging from toys to cosmetics to stem the influx of imported goods from China.

Businesses fear impact of the Israeli-Palestinian war on Indonesian economy

The Indonesian Employers Association (Apindo) said the Israeli and Palestinian war could have a negative impact on the Indonesian economy and business scene. The most immediate one would be the spike in energy prices.

Jokowi launches Indonesia’s Carbon Exchange in a bid to reduce carbon emissions

President Joko “Jokowi” Widodo launched the Indonesian Carbon Exchange at the Indonesian Stock Exchange (IDX), Jakarta, Tuesday (26/9).

Govt bans direct transactions via social media

The official decision was announced by Trade Minister Zulkifli “Zulhas” Hasan after a limited cabinet meeting with President Joko “Jokowi” Widodo at the Presidential Palace, Jakarta, Monday (25/9).

Oil and Gas Magnates Praise Indonesia, What’s Happening

Global oil and gas industry players praised the cooperation with Indonesia that has existed for decades in oil and gas projects in the country.

Gov’t Allows Foreign Nationals to Own Property in Indonesia to Spur National Economy

The government allows foreign citizens to own property in Indonesia. The requirements are easy, only by using a passport and visa.

West Java on the radar of Middle East renewable energy investors

West Java province has become an attractive renewable energy investment destination in the eyes of a number of investors from many countries, especially the Middle East. Projects such as geothermal, solar panels and micro-hydro are the province's biggest potential because it has a fairly large market share.

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