# policy

Indonesia Loses $6.1 Billion from Soaring Illicit Cigarette Smokers

About 46 percent respondents in Indodata's survey admits to smoke illicit cigarettes.
News Dec 13, 2024 | 6:40 am

Lawmaker Warns Illegal Cigarette Trade Could Lead to Rp 15 Trillion Loss in State Revenue

Hanif Dhakiri calls for stricter supervision of illegal cigarette distribution and severe sanctions for offenders.
News Dec 12, 2024 | 3:24 pm

Megawati Supports Prabowo’s Free Meal Program but Calls for Budget Review

Megawati supports Prabowo's free meal program but calls for a budget reassessment of Rp 10,000 per serving.
News Dec 12, 2024 | 1:54 pm

2025 Minimum Wage Talks: How Are Provinces Handling the Hike?

Indonesia’s provinces are processing the provincial minimum wage (UMP) hike of 6.5 percent for 2025
Business Dec 9, 2024 | 10:12 pm

VAT Hike on Luxury Goods to Impact Low-Income Families as Well, Analysts Warn

A targeted VAT increase on luxury items may ultimately strain lower-income households.
Business Dec 9, 2024 | 1:35 pm

VAT Hike: Gov’t Told to Explain What Classifies as Luxury Goods

The government has yet to explain what sort of luxury goods would be subject to the upcoming VAT hike.
Business Dec 9, 2024 | 9:04 am

Basic Commodities, Healthcare, and Education Exempt from VAT

The new 12 percent VAT rate, set to take effect on January 1, will apply exclusively to luxury goods and services, Dasco explained.
Business Dec 7, 2024 | 1:54 am

Gov’t to Forgive MSME’s Bad Debts at State Banks by May 2025

The Finance Ministry is drafting guidelines for state banks to forgive MSMEs’ bad debt without seriously impacting the banks’ performance.
Business Dec 7, 2024 | 1:10 am

Prabowo: VAT Hike to Focus Exclusively on Luxury Goods

The hike, mandated by existing legislation, is scheduled to take effect on January 1, 2025.
Business Dec 6, 2024 | 9:06 pm

Gov’t to Enforce 12% VAT on January 1 Despite Public Opposition

Misbakhun said the VAT hike will be applied selectively to ensure it does not disproportionately impact the vulnerable members of society.
Business Dec 5, 2024 | 7:46 pm

Prabowo Calls for Cutting Overseas Travel to Save $1B from State Budget

President Prabowo Subianto called on government officials to reduce business trips and ceremonial events that use state funds.
News Dec 4, 2024 | 2:12 pm

Gov’t Urged to Avoid ‘Arrogant’ Push for VAT Hike

Retail associations said the tax hike could lead to unintended consequences for businesses.
Business Dec 3, 2024 | 6:24 pm

Government Finalizing 6.5 Pct Minimum Wage Hike for 2025 Despite Business Warnings

Manpower Minister Yassierli confirmed on Tuesday that the ministry is finalizing the minimum wage hike.
Business Dec 3, 2024 | 5:12 pm

Trial for Rp 10,000 School Lunch Still Ongoing, Minister Says

The government is still testing whether it is possible to feed students across the archipelago at no more than Rp 10,000 per child.
News Dec 3, 2024 | 11:16 am

Government Weighs Social Aid for Middle Class Ahead of 12% VAT Hike

Social aid for the middle class is on the table as a potential measure to ease the burden from a VAT hike.
News Dec 2, 2024 | 5:22 pm

Employers’ Association Criticizes Minimum Wage Increase

A significant wage increase could result in mass layoffs, fewer new job opportunities, and diminished competitiveness in global markets.
Business Dec 2, 2024 | 8:46 am

Rosan Lauds Investor Daily Roundtable for Bridging Gaps in Understanding Gov't Policies

The Investor Daily Roundtable has proven to be an effective platform for fostering dialogue between the government and the public.
Business Nov 29, 2024 | 8:49 pm

Prabowo Sets Budget for Free Nutritious Meals Program at Rp 10,000 Per Child, Lower Than Expected

President Prabowo Subianto has allocated a budget of Rp 10,000 ($0.63) per portion per day for the free nutritious meals program.
News Nov 29, 2024 | 7:27 pm

President Prabowo Announces 6.5% Increase in 2025 Minimum Wage

President Prabowo Subianto officially announced a 6.5 percent increase in the 2025 Provincial Minimum Wage (UMP)
News Nov 29, 2024 | 5:55 pm

Indonesia to Halt Salt Imports for Consumption Starting in 2025

Indonesia imported 2.8 million tons of salt in 2023, valued at Rp 1.35 trillion.
Business Nov 28, 2024 | 1:50 pm

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