Jakarta – The Indonesian Online Drivers Association (Garda Indonesia) is protesting against the 30 percent application fee deductions imposed by Gojek and Grab. They argue that this rate is inhumane Read >>
Economy
Companies Lay Off Gen Z in Large Numbers in 2024
Jakarta – Several companies reportedly cut many employees from Generation Z throughout 2024. Workers born between 1997 and the early 2010s faced numerous layoffs.According to a recent report by Intelligent, Read >>
Announcement! Retirement Age in Indonesia Increased to 59 Years
Jakarta – The government has raised the retirement age for Indonesian workers to 59 years, effective from 2025. This change serves as a reference for benefiting from the Pension Insurance Read >>
Jakarta’s Oldest Market Faces Declining Customers, Vendor Revenue Drops by 70%
Jakarta – Pasar Jatinegara, also known as Pasar Mester, is experiencing a sharp decline in customers, significantly affecting vendor revenues in Jakarta’s oldest market. Tono, a shoe vendor at Pasar Read >>
Shell Fuel Prices Drop!
Jakarta – Shell has adjusted its fuel prices as of January 3, 2025, despite having increased them just two days earlier. The price for Shell Super, equivalent to Pertamax with Read >>
How to Get a 50% Discount on PLN Electricity Capacity Upgrade
Jakarta – PT PLN (Persero) is offering another electricity capacity upgrade discount through its “Gebyar Awal Tahun 2025” program. Customers can receive up to a 50% discount on electricity capacity Read >>
12% VAT on Luxury Goods Turns Out to Be Effective from February 1
Jakarta -The government has set the value-added tax (VAT) rate increase to 12%. This policy only applies to luxury goods. This policy is regulated through the Minister of Finance Regulation Read >>
Effective Starting Today, Check the Requirements to Purchase Electricity Tokens with a 50% Discount
Jakarta -The government continues to provide a stimulus in the form of a 50% electricity tariff discount, even though the 12% VAT next year will only be imposed on luxury Read >>
Soap, Shampoo, Netflix, and Spotify Hit with 12% VAT? This is Sri Mulyani’s answer.
Jakarta -The increase in VAT to 12% officially takes effect starting tomorrow, January 1, 2025, for luxury goods. The luxury goods referred to are those currently subject to the Luxury Read >>
Remember, starting in 2025, vehicles will be required to have insurance.
Vehicle insurance. Photo: shutterstock Jakarta -Vehicle insurance is currently not mandatory. However, in the future, vehicle insurance, especially third-party liability (TPL) insurance, will be mandatory for all vehicles, whether motorcycles Read >>
