A court ruling in Indonesia against a new jobs creation law could dim its investment outlook, experts said on Friday, in a potential blow to President Joko Widodo's drive to boost investment and reduce the economy's reliance on consumption.
Indonesia's parliament approved a law on Thursday for one of the country's most ambitious tax overhauls, including raising VAT next year, a new carbon levy and cancelling a planned corporate tax cut.
Apindo calls for fiscal consolidation for boosting purchasing power antaranews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from antaranews.com Daily Mail and Mail on Sunday newspapers.
PPKM: Apindo asks government to allow essential sectors to operate antaranews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from antaranews.com Daily Mail and Mail on Sunday newspapers.