The Road to Electric Vehicles – Part 2
Editor: Shoeb Z Kagda In quelling air pollution in the capital, the implementation of Presidential Decree Number 25 2019 is seen as a viable solution. However, with new solutions come new obstacles. Part 2 addresses concerns about charging stations and partnership opportunities with local companies. …
The Race is On! Electric Vehicles in Indonesia
With a new Presidential decree supporting the development of battery-powered electric vehicles, Indonesia has joined a host of nations that are pushing ahead this new technology. Part 1 of this article explores the opportunities that exist for investors. Editor: Shoeb Z Kagda The race is…
Indonesia to Relax Rules, Launch More Special Economic Zones to Attract Investment
Source: Reuters, October 10 2019 JAKARTA (Reuters) – Indonesia will expand and simplify tax incentives it offers for investment in special economic zones (SEZs) and develop more such areas, aiming to attract over $50 billion investment into those zones in the next decade, a senior…
Tax office announces new incentives for oil and gas exploration, exploitation
The Energy and Mineral Resources Ministry announced open access for oil and gas industry stakeholders Indonesia’s tax office has announced several tax incentives for oil and gas contractors operating in the country. At the exploration stage, the tax office will waive outstanding value added tax…