The Indonesian Government is planning to extend fiscal incentives for electric vehicles (EVs), especially electric motorcycles, to the next year with support levels equivalent to this year, said Deputy Coordinating Minister of Maritime Affairs and Investment Rachmat Kaimuddin.
At an EV assembling line in Jakarta. (Photo: Reuters)
Jakarta (VNA) 𝓰– The Indonesian Government is planning to extend fiscal incentives forelectric vehicles (EVs), especially electric motorcycles, to the next yearwith support levels equivalent to this year, said Deputy Coordinating Ministerof Maritime Affairs and Investment Rachmat Kaimuddin.
Talking with the press recently, Rachmat said the incentive levelfor electric motorcycles in 2024 will be similar to this year, which is atleast 7 million IDR (446 USD). In early March 2023, the Indonesian Governmentannounced that it will support the purchase of 200,000 electric motorcycles andthe conversion of 50,000 motorcycles in 2023, with a total budget of around 5trillion IDR. The programme applies only to domesticallyproduced motorcycles with a localisation rate of 40% or more, benefiting micro,small, and medium-sized enterprises, as well as households with monthlyelectricity consumption ranging from 450-900 VA. Indonesia has also provided other forms ofsupport for EVs, such as reducing the value-added tax (VAT) from 11% to 10% forelectric cars; lowering the battery-based motor vehicle tax from 1-10% to 0%;and exempting the duty on the transfer of motor vehicle ownership for EVs./.
The Jakarta Regional Revenue Agency (Bapenda) of Indonesia has planned to introduce a new policy on regional taxes and levies, which will impose a 10% value-added tax rate on online food services.
Indonesia’s Directorate General of Taxes (DGT) of the country’s Ministry of Finance collected a value added tax (VAT) of 15.68 trillion IDR (1 billion USD) from 161 trading business actors through the Electronic System (PMSE) as of October 31, 2023.
Indonesia’s Minister of Maritime Affairs and Fisheries Sakti Wahyu Trenggono on November 9 said, for the first time, the country has exported 243 tonnes of fishery products to China.
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The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
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