• Corporate Income Tax Reduction for Certain Pioneering Industries

    Corporate Income Tax Reduction for Certain Pioneering Industries

    Recently, the Ministry of Finance issued Regulation number 35/PMK.010/2018 (Regulation 35/2018) on Provision of Corporate Income Tax Reduction Facility. This new regulation supersedes and revokes the Ministry of Finance Regulation number 103/PMK.010/2016. In this column we discuss the tax incentives provided to certain pioneering industries and the criteria to obtain such incentives.

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  • Indonesian Food Manufacturers in Focus: Indofood Sukses Makmur

    Indonesian Food Manufacturers in Focus: Indofood Sukses Makmur

    Corporate earnings of Indonesia-based food manufacturer Indofood Sukses Makmur, which ranks among the biggest companies that are listed on the Indonesia Stock Exchange, are affected by subdued household consumption and fierce competition in the processed foods and beverage sector of Indonesia. Indofood Sukses Makmur has operations in each stage of the food manufacturing process, ranging from the production and processing of raw materials to consumer end-products on retailers' shelves.

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  • Indonesia's Intervention in Fuel Prices Thwarts Private Investment

    Indonesia's Intervention in Fuel Prices Thwarts Private Investment

    There is concern that the Indonesian government's plan to curb price increases of (non-subsidized) fuels in Indonesia will impact negatively on private investors' enthusiasm to invest in Indonesia's oil and gas industry. Earlier this week Arcandra Tahar, Deputy Minister at the Energy and Mineral Resources Ministry, informed that the government wants to regulate prices of fuels in order to keep inflation in check.

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  • Widodo Launches Roadmap for Industry 4.0: "Making Indonesia 4.0"

    Widodo Launches Roadmap for Industry 4.0: "Making Indonesia 4.0"

    The Indonesian government officially launched the roadmap called "Making Indonesia 4.0" earlier this week. Industry 4.0 is a term that refers to the fourth industrial revolution in manufacturing and industry. It includes major innovations in the digital technology, biology and hardware automations, and also implies that cyber-physical systems can make their own basic decisions, hence becoming increasingly self-ruling.

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The views expressed in these business columns are the views of the authors or the interviewed persons only and therefore do not necessarily reflect the views of Indonesia Investments. The authors are free to ventilate their opinions about the Indonesian business climate. Facts presented in these columns are the result of the author's own research or indicated sources, read disclaimer
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