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Government Confident Economy Will Grow 5.6% by Year-End News

https://business-indonesia.org/news/government-confident-economy-will-grow-5-6-by-year-end

Coordinating Minister for Economic Affairs Airlangga Hartarto expressed confidence that economic growth in the final quarter of the year will be the highest recorded in 2025. According to Airlangga,
Government Considers VAT Reduction News

https://business-indonesia.org/news/government-considers-vat-reduction

The Finance Ministry is considering a reduction in the value-added tax (VAT) rate to boost household spending as tax revenue slows and economic activity shows signs of weakening.
Government Erases Insurance Requirement for International Travelers News

https://business-indonesia.org/news/government-erases-insurance-requirement-for-international-travelers

The Indonesian government has issued an Amendment to COVID-19 Task Force Circular No. 19/2022 on Health Protocols for International Travel
Government Expands Simbara System to Enhance Mining Sector Governance, Prevent Fraud  News

https://business-indonesia.org/news/government-expands-simbara-system-to-enhance-mining-sector-governance-prevent-fraud

The Indonesian government has expanded the Mineral and Coal Information System (Simbara) to include nickel and tin commodities, aiming to increase state revenue and improve governance in the mining
Government Plans 70 Residential Towers to Elevate IKN’s Housing Horizon  News

https://business-indonesia.org/news/government-plans-70-residential-towers-to-elevate-ikn-s-housing-horizon

The Authority for the Nusantara Capital City (OIKN) has unveiled plans to kick off the construction of 70 residential towers in the forthcoming capital city later this year, leveraging a
Government Prepares IDR 13 Tn Stimulus to Boost Consumption During Ramadan and Idul Fitri News

https://business-indonesia.org/news/government-prepares-idr-13-tn-stimulus-to-boost-consumption-during-ramadan-and-idul-fitri

The Indonesian government is preparing an economic stimulus package worth around IDR 13 Tn (approximately USD 760 Mn) to support consumption and mobility during the Ramadan and Idul Fitri period in
Government Prepares Study for Giant Sea Wall Project on Java's Northern Coast News

https://business-indonesia.org/news/government-prepares-study-for-giant-sea-wall-project-on-java-s-northern-coast

The Indonesian government is currently preparing a comprehensive study for the construction of a giant sea wall along the northern coast of Java Island. This initiative, aimed at addressing recurring
Government Pushes Hydrogen to Replace Diesel, Sets Price Benchmark Below Local Generation Cost News

https://business-indonesia.org/news/government-pushes-hydrogen-to-replace-diesel-sets-price-benchmark-below-local-generation-cost

The government is accelerating the use of hydrogen as a substitute for diesel fuel, particularly for power generation in remote areas.
Government Removes Import Duties on LPG and Plastic Raw Materials to Curb Price Surge News

https://business-indonesia.org/news/government-removes-import-duties-on-lpg-and-plastic-raw-materials-to-curb-price-surge

The government is preparing a fiscal incentive package, including the elimination of import duties on LPG and plastic raw materials. Coordinating Minister for Economic Affairs Airlangga Hartarto sai ...
Government erases COVID-19 test requirement for domestic travel  News

https://business-indonesia.org/news/government-erases-covid-19-test-requirement-for-domestic-travel

The Indonesian government has moved to abolish negative Antigen or RT-PCR COVID-19 test results for Indonesians and foreign citizens travelling domestically within the country.