#Incentives
Indonesia’s auto industry slumps as government finalizes 2026 incentive plan
The Indonesian automotive industry is facing one of its toughest years in a decade as weakening consumer purchasing power continues to drag down vehicle sales, with the government pledging a new round of fiscal incentives aimed at stabilizing and reviving the industry, which has strategic role in the country’s economy.
Finance Minister asked to cut electricity subsidies through solar energy expansion
The Indonesian Foundation for Sustainable Welfare (SUSTAIN) has submitted four policy recommendations to Finance Minister Purbaya Yudhi Sadewa aimed at reducing electricity subsidies by accelerating the use of solar energy.
Textile Association: Tax incentive extension offers limited relief for industry
The Indonesian Textile Association (API) said the government’s decision to extend the income tax incentive (PPh 21 borne by the government) will have only a minimal impact on the performance of the national textile industry.
Indonesia pushes green mobility with new incentives for commercial vehicle industry
In an effort to revive the national automotive market, which has been under pressure in recent years, the government is ramping up its support for eco-friendly vehicles by providing incentives not only for electric and hybrid cars, but also including the commercial vehicle segment into its list of recipients.