Activity continues to grow, but supply tensions are increasing

The Banque de France publishes its economic survey and confirms its activity estimate for the month of September, which reflects a continued recovery in construction and services, but temporary difficulties in industry, linked to the supply. Inflation is rising in September, but core inflation is falling. The Banque de France confirms its estimate of activity … Baca Selengkapnya

Government Stops Accepting Proposals for Coal Power Plant Construction

Jakarta, CNN Indonesia – The Indonesian government will not accept new proposal on coal-fired electrical steam power plant project. The Director General of Electricity at the Ministry of Energy and Mineral Resources, Rida Mulyana, said that this was taken in line with the direction of the national energy policy in the future which would rely … Baca Selengkapnya

COVID-19 Task Force Issues Circular on Travel Requirements via Air, Land, Sea

TEMPO.CO, Jakarta – The COVID-19 Task Force issued a Circular Letter No. 21 of 2021 regarding provisions for domestic travelers during the pandemic. The policy was passed on Wednesday, October 20, and has been uploaded to its official page covid19.go.id today, October 21. In general, travelers are required to use the government’s COVID-19 tracing mobile app … Baca Selengkapnya

Macron to Invest 30 Bio EUR in Research and Development

French President Emmanuel Macron announced an industrialization plan worth 30 billion euros. This investment is to reclaim the ‘crown’ of France as a world leader in innovation. He made this statement 6 months before the presidential election and one month before the Climate Change Summit. Macron said France took this action 15-20 years later than … Baca Selengkapnya

22% Corporate Income Tax Rate Starting 2022

Jakarta, CNN Indonesia – The Law on Harmonization of Tax Regulations (UU HPP) has been ratified by the DPR together with the government some time ago. This HPP Law comprehensively regulates the adjustment of various existing tax policies. The Directorate General of Taxes at the Ministry of Finance explained that to promote sustainable economic growth … Baca Selengkapnya