#Indonesian Government
Government postpones 12-percent VAT increase: Luhut Binsar Pandjaitan
Chairman of the National Economic Council, Luhut Binsar Pandjaitan, says the government has decided to postpone the planned increase of the Value Added Tax (VAT) rate to 12 percent, which was originally scheduled to take effect in January 2025.
Chandra Asri Petrochemical plant in Cilegon reaffirmed as national vital object
The government has granted the Petrochemical Plant in Ciwandan, Cilegon, Banten owned by petrochemical processing and manufacturing company PT Chandra Asri Pacific the status of National Vital Object in the Industrial Sector (OVNI), valid for five years until 2029.
RI-Germany forge partnership on digital infrastructure, technology at IDDC 2024
The Ministry of Communication and Digital Application (Komdigi) and the German Ministry of Digital and Transportation have recently agreed to collaborate in digital infrastructure and technology development, as well as the drafting of internet-related regulations.
Prabowo secures US$8.5 billion in UK’s CEO Roundtable Forum
President Prabowo Subianto has secured US$8.5 billion in investment commitment after attending the CEO Rountable Forum held in Lancaster House, London on Thursday, November 21, 2024.
Gendalo-Gandang project named PSN, SKK Migas collaborates with academics
The government continues to accelerate measures towards energy self-sufficiency, putting oil&gas projects as the main pillar, with the Gendalo-Gandang (previous named: Indonesia Deepwater Development) being determined as the latest project under the National Strategic Project (PSN) category based on Regulation of the Coordinating Minister for the Economy No. 6/2024.
Prabowo reiterates Indonesia’s commitment to fight hunger, poverty
President Prabowo Subianto reiterated the Indonesian government’s commitment to fight hunger and poverty during the recently concluded G20 Leaders’ Summit in Rio de Janeiro, Brazil.
Prabowo at G20: pledges 557M tons of carbon credits, net-zero ambitions, and global health aid
Indonesia's President Prabowo Subianto participated in the third session of the G20 Summit in Brazil on November 19, 2024. The session focused on Sustainable Development and Energy Transition, where Prabowo reiterated Indonesia's commitment to addressing global poverty, hunger, and climate change, while also promoting green energy initiatives.
Indonesia and U.S. strengthen digital technology ties, focusing on AI and smart cities
Meutya Hafid, Minister of Communication and Digital Application, met with Marisa Lago, Deputy Minister of Trade of the United States and Kamala Shirin Lakhdhir, Ambassador of the United States on Monday, November 18, 2024, discussing cooperation in the field of digital technology.