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Value Added Tax termed 'Goods and Services and Sales Tax on Luxury Goods' Law ("Undang-undang Pajak Pertambahan Nilai atas Barang dan Jasa dan Pajak Penjualan atas Barang Mewah"/UU PPN and PPn BM): Law No. 8/1983, amended I by Law No. 11/1994, amended II by Law No. 18/2000, amended III by Law No. 42/2009, partially amended by Law No. 7/2021;
On the 2001 budget, the rates have been revised to 12% and 0% from the previous 20%, 12% and 0% Sudan 17% ? Switzerland 8.1% [156] 3.8% (hotel sector) and 2.6% (essential foodstuff, books, newspapers, medical supplies) [156] MWST = Mehrwertsteuer, TVA = Taxe sur la valeur ajoutée, IVA = Imposta sul valore aggiunto, TPV = Taglia sin la Plivalur
Indonesia, which had massive foreign reserves and was seen as having a strong economy, responded on 11 July 1997, by widening its exchange rate band from 8 to 12%. Indonesia had taken similar actions in the years leading up to the crisis, in December 1995 from 2 to 3%, in response to the Mexican financial crisis, and in June and September 1996 ...
Indonesia's foreign direct investment surged 44.2% on a yearly basis in 2022, with the base metals sector drawing in the biggest inflows. Indonesia's received 654.4 trillion rupiah worth of FDI last year, or equivalent to $45.6 billion in the investment ministry's official calculation, which assumes an exchange rate of 14,350 to the dollar.
West Nusa Tenggara (NTB) is a province in Indonesia located in the southern part of the Lesser Sunda Islands, consisting of two main islands, namely Lombok Island and Sumbawa Island, as well as several small islands around them such as the Gili Islands.
2025 Indonesian student protests, nicknamed the #IndonesiaGelap demonstrations (Indonesian: demo #IndonesiaGelap, the hashtag itself literally means 'Dark Indonesia'), were a series of student-led anti-government demonstrations throughout several cities in Indonesia, launched on 17 February 2025 by the All-Indonesian Students' Union (BEM SI), [14] together with individual students' unions.
The province is Indonesia's main tourist destination, with a significant rise in tourism since the 1980s, and becoming an Indonesian area of overtourism. [12] Tourism-related business makes up 80% of the Bali economy. [13] Bali is the only Hindu-majority province in Indonesia, with 86.9% of the population adhering to Balinese Hinduism. [3]
Prabowo Subianto Djojohadikusumo (modern orthography: Joyohadikusumo; born 17 October 1951) is an Indonesian politician, businessman, and retired army general serving as the eighth president of Indonesia since 2024.