Indonesia’s car export predicted to halve in 2020 World

Indonesia’s car export predicted to halve in 2020

Indonesia’s car exports are forecast to drop by 50 percent in 2020 due to large-scale social restrictions amid the COVID-19 pandemic, according to Association of Indonesian Automotive Manufacturers (Gaikindo).
Indonesia rolls out 43-bln-USD stimulus for MSMEs, SOEs World

Indonesia rolls out 43-bln-USD stimulus for MSMEs, SOEs

The Indonesian government is rolling out a 641.17 trillion rupiah (43 billion USD) economic recovery stimulus, bigger than previous allocations, to soften the impact of COVID-19 on micro, small and medium enterprises (MSMEs), as well as state-owned enterprises (SOEs).
Indonesia to impose VAT on internet companies from July World

Indonesia to impose VAT on internet companies from July

Indonesia will require big internet companies to pay value-added taxes (VAT) on sales of digital products and services from July as part of efforts to boost revenue amid the coronavirus pandemic, according to a tax official of the country.