Daily Summit News Today

JAKARTA: Indonesian Minister of Communication and Information (Kominfo) Budi Arie Setiadi responded to a recent issue about the return of the TikTok Shop. He stressed that the government opened up opportunities for everyone to do business as long as they comply with existing regulations.

Indonesian Kominfo Minister Budi Arie Setiadi responds to a recent issue that TikTok Shop will come back this month.

Indonesia is planning to expand the property tax incentive, raising the threshold from Rp 2 billion ($126,000)  to Rp 5 billion.

Indonesian Investment Minister Bahlil Lahadalia confirmed that his government will keep granting tax holidays to attract foreign investors so long as the global minimum tax (GMT) policy is not yet rendered, local media has reported.

According to Chief Economic Affairs Minister Airlangga, the digital economy calls for collaboration with the private sector.

State-owned bank BNI recently revealed that it had issued green bonds worth over Rp 5 trillion (approximately $314.6 million).

The government is mulling providing incentives to woo electric car producers into building a manufacturing plant in Indonesia.

Investment Minister Bahlil Lahadalia confirmed that the government will keep granting tax holidays to attract foreign investors.

Despite Indonesia inching closer to the elections, Freeport Indonesia vowed to keep its mind on completing the smelter on time.

State-owned bank BNI recently reaffirmed its commitment to help grow Indonesia’s internet economy by developing digital products.