New Capital Authority Able to Impose Special Tax, Says Finance Ministry

The Ministry of Finance says that the future authority of the new capital city (IKN) will have the authority to charge special fees or taxes once the city is operable. The Ministry’s Director of Harmonization of Budgeting Regulations Didik Kusnaini said the IKN authority will legally inherit flexibility in controlling its budgeting aspect.  “What’s flexible … Baca Selengkapnya

Commission approves €2.08 billion French measure to support offshore wind energy generation

The European Commission has approved, under EU State aid rules, a €2.08 billion French measure to support offshore wind electricity production in France. The measure will contribute to achieving France’s energy and environmental targets, as well as the objectives relating to the EU’s Offshore Renewable Energy Strategy and the European Green Deal.France notified to the … Baca Selengkapnya

France wins recognition for nuclear in EU’s green hydrogen rules

As Europe turns to hydrogen, there are fears that electrolysers producing the gaseous fuel will drive up demand for power and cannibalise renewable electricity intended for other uses. To prevent this, the European Commission has been working on a set of rules to ensure green hydrogen uses only “additional” sources of renewable electricity. After more … Baca Selengkapnya

IKN Infrastructure Development Has Reached 15 Percent

Presidential Chief of Staff Moeldoko said there were a number of obstacles in the infrastructure development for the Archipelago Capital City ( IKN ) in East Kalimantan, one of which was due to the weather factor. However, he claimed that the construction of IKN infrastructure was going well and according to the stages set.”Info from … Baca Selengkapnya

Two Commodities Can Be Affected by the EU Regulation on Deforestation-Free Supply Chains Policy

The EU Regulation on Deforestation-Free Supply Chains was approved for stipulation on 6 November 2022 and will enter the entry into force stage in May or June 2023. The Director General for Multilateral Cooperation of the Ministry of Foreign Affairs, Tri Tharyat said, at least two strategic and leading Indonesian commodities whose supply chains could … Baca Selengkapnya

Economic recovery and the export revenue retention policy

President Joko “Jokowi” Widodo recently ordered his economics ministers to amend Government Regulation No. 1/2009 on the repatriation and retention of export earnings from natural resource commodities to the domestic financial system to increase Indonesia’s foreign reserves and help stabilize the rupiah exchange rate. It is very important to make the link between the real … Baca Selengkapnya

EIBN Joint gathering New Year Reception

Dear IFCCI members, IFCCI in cooperation with, BritCham, DanCham, EKONID, IBAI, INBC, and SwedCham cordially invites you to business networking event: Date : Tuesday, 31 January 2023 at 18.30 – 21.00 Venue : Poolside, Ayana Midplaza Jakarta, Jl. jenderal Sudirman Kav. 10-11 Jakarta Entrance Fee : Member: IDR 650,000 | IDR 700,000 (Walk-in) Non-Member: IDR … Baca Selengkapnya

Integrity Indonesia raises the bar for data security by achieving ISO 27001:2013 certification

PT Integrity Indonesia has achieved the prestigious ISO 27001:2013 Information Security Management System (ISMS) certification after an extensive auditing process. On Wednesday, 18 January 2023, the certificate awarding ceremony was held at PT Integrity Indonesia’s headquarters in Jakarta. This achievement represents PT Integrity Indonesia’s formal acknowledgment that, in its operations, it has adhered to international standards … Baca Selengkapnya

France, Spain want ‘social entrepreneurship’ to become an EU priority

President Emmanuel Macron and other government members met with Spanish Prime Minister Pedro Sanchez and his cohort for a one-day summit in Barcelona on Thursday. Like the cooperation treaties France already concluded with Germany and Italy, the two leaders agreed to a friendship agreement that aims to reinforce cooperation on defence, migration and justice matters, … Baca Selengkapnya

Macron wants €400 billion to ‘transform’ France’s forces through 2030

Seven months after declaring the launch of a new “war economy” in France, President Emmanuel Macron has unveiled plans to spend hundreds of billions of euros on defense investments that will “transform” the military over the next decade. The nation’s next six-year military programming law – known in French as the “loi de programmation militaire,” … Baca Selengkapnya