Indonesia News

Indonesia Aims to Deploy 425,000 Workers Overseas by 2025 to Boost Economy

Indonesia plans to deploy 425,000 workers overseas by 2025 to boost economic growth by 0.52%. Strategies include improving language skills and providing training to enhance competi...

Indonesia Launches $4.4 Billion Free Meal Initiative to Combat Child Malnutrition and Boost Economy

Indonesia's $4.4 billion free meal program, aimed at combating child malnutrition and stimulating economic growth, has quietly launched. Targeting 82.9 million beneficiaries by 202...

Indonesia Introduces 12% VAT on Luxury Items to Boost Economy, Exempts Essentials

Indonesia enforces a 12% VAT on luxury goods to stimulate economic growth, exempting essential items to minimize public impact. Relief measures and an economic stimulus package are...

Indonesia's Direct Durian Export to China: A Game-Changer for Farmers

Indonesia seeks to boost durian exports to China by facilitating direct shipments, bypassing current transit through Thailand. This move aims to capitalize on the growing Chinese d...

Indonesia's $52B Stimulus Plan: A Comprehensive Strategy for 2025

Indonesia's $52 billion stimulus package for 2025 aims to mitigate the effects of a VAT increase and support various sectors, including MSMEs, essential commodities, energy, and ho...

Indonesia Rolls Out 3% Tax Break for Hybrid Car Manufacturers

Indonesia is offering a 3% tax incentive to hybrid car manufacturers, with a budget of IDR840 billion. The government also provides various other incentives for battery-operated an...

Indonesia's Central Bank to Boost Government Debt Purchases in 2025: A Strategic Move Amid COVID-19 Recovery

Indonesia's central bank plans to buy more government debt in 2025, replacing maturing COVID-19 bonds under a deal with the government. This move reflects a continued 'burden shari...

Indonesia's Gradual Rollout of Higher Biodiesel Mandate Sparks Industry Concerns

Indonesia's plan to expand its biodiesel mandate from January 1st is likely to be implemented gradually, according to analysts. The move comes as industry participants seek a phase...

Indonesia's Budget Deficit: Insights into Economic Performance

Indonesia's budget deficit for January to November was 401.8 trillion rupiah ($25.27 billion) or 1.81% of GDP, as revealed by Finance Minister Sri Mulyani Indrawati. Total revenue ...