In a sharp contrast to the previously annouced plan, basic goods are exempt from the VAT hike. Under the new policy, ...
Indonesia began 2025 with an increase in the value-added tax (VAT) on luxury goods and services in a bid to boost state ...
Find insight on Iluka Resources, coal and Indonesian nickel and more in the latest Market Talks covering basic materials.
These include basic necessities such as rice ... The announcement came as a surprising move from the Indonesian government, which had previously intended to impose a tax hike on all goods and ...
Indonesia has officially implemented a 12% value added tax (VAT) on luxury goods and services starting on Jan. 1, a 1 ...
To address these problems, both Indonesia and Mexico can learn from Japan, the only country to get rich without its ...
Petitioners, who sought to review laws, said they discriminated against people who did not adhere to religion or belief ...
The last-minute shift by President Prabowo Subianto came in response to strong criticisms from business associations and ...
The country holds nearly half of the world’s known deposits of a metal critical to the energy transition, but digging and ...