Bid TIK Polda Kepri – Jakarta. Bank Indonesia reported a net outflow of foreign capital amounting to Rp 5.13 trillion in the domestic financial market from 2 to 5 December2024. BI Executive Director of Communications Department Ramdan Denny Prakoso said on Sunday (8/12/2024) that the outflow consisted of Rp 1.37 trillion from Government Securities (SBN)…
Bid TIK Polda Kepri – Jakarta. The House of Representatives (DPR)’s Budget Committee has endorsed a 12% value-added tax (VAT) to support sustainable economic growth starting in 2025. Committee Chairman Said Abdullah explained on Sunday (8/12/2024) that the policy, part of the 2021 Tax Regulation Harmonization Law, aims to boost state revenue for public programs…
Bid TIK Polda Kepri – Jakarta. PT Krakatau Baja Industri (PT KBI), a subsidiary of state-owned company PT Krakatau Steel (Persero) Tbk, signed a Long Term Supply Agreement (LTSA) with 23 companies The signing, which occured during PT KBI’s second anniversary on Friday. was attended by representatives from the Ministry of Industry, Krakatau Steel executives,…
Bid TIK Polda Kepri – Jakarta. State-owned railway company PT Kereta Api Indonesia (KAI) has sold 803,626 tickets for medium- and long-distance trains ahead of the Christmas and New Year holiday season, this year. The figure represents 28.59% of the total 2,770,864 seats available for these routes, the company announced on Saturday (7/12/2024). Local train…
Bid TIK Polda Kepri – Jakarta. President Prabowo Subianto emphasized that the implementation of the 12% Value Added Tax (VAT), effective from 2025, will strictly adhere to existing laws while being selectively applied. Speaking at the Presidential Palace in Jakarta on Friday (6/12/2024), he said that the higher VAT rate will target luxury goods only,…
Bid TIK Polda Kepri – Jakarta. PT Garuda Indonesia (Persero) plans to expand its fleet by 15-20 aircraft in 2025, CEO Wamildan Tsani Panjaitan announced in a press conference on Friday (6/12/2024). “Our target is to add 15-20 aircraft in 2025, which requires coordination and cooperation with relevant ministries,” he said, as quoted by antaranews.com….
Bid TIK Polda Kepri – Jakarta. President Prabowo Subianto has invited Japanese companies to collaborate on the construction of a massive sea wall along Jakarta’s northern coast, aiming to protect the city from rising sea levels. During a meeting with a Japanese business delegation from the Japan Indonesia Association (Japinda) at the Presidential Palace on…
Bid TIK Polda Kepri – Jakarta. President Prabowo Subianto has called for a review of the planned 12% Value-Added Tax (VAT), exploring a multi-tier system in response to public concerns ahead of its 1 January 2025 implementation. The Chairman of the House of Representatives (DPR) Commission XI overseeing financial, monetary and development issues, Muhammad Misbakhun…
Bid TIK Polda Kepri – Tangerang. Minister of State-Owned Enterprises Erick Thohir announced a 10% reduction in airfares for the Christmas 2024 and New Year 2025 holiday period. “Garuda Indonesia, Citilink, and Pelita Air have adjusted fares appropriately and in line with the President’s instructions,” he said during a visit to Soekarno-Hatta International Airport on…
Bid TIK Polda Kepri – Jakarta. The Central Bank, Bank Indonesia (BI), has raised concerns about the economic and financial risks posed by online gambling, highlighting its impact on household savings, economic growth, and financial stability. “Spending on online gambling reduces household consumption in productive sectors,” said Dicky Kartikoyono, the Head of BI’s Payment System…
