President Joko Widodo attends the launch of the Development Collaboration of Electric Vehicle Ecosystem at the MT Haryono gas station in Jakarta on February 22, 2022. (Photo: Presidential Secretariat Bureau)
Jakarta (VNA) - The Indonesian Government hasimposed duty free policy on incompletely knocked down (IKD) electric vehicle(EV) imports.
This policy is hoped to turn Indonesia into a hub forelectric vehicle production and exports, said the Finance Ministry’s head offiscal policies, Febrio Kacaribu, on March 4.
Febrio said this incentive coincides with thecountry’s roadmap for electric development and its main components such aselectrical motors, batteries, and converters.
Based on the electrification roadmap, the productionof cars and motorcycles including low carbon emission vehicles (LCEV) in 2020is targeted at 10 percent each, which is expected to increase to 20 percent by2025.
This year, the government targets the electric carexports to reach 250,000 units, and hopes to see the number grow to 310,000 unitsin 2025.
Meanwhile, electric motorcycle exports this year are targeted to be750,000 units, and increase to 1.1 million units in 2025./.
The State Electricity Company of Indonesia (PLN) will use rice husk as a fuel mixture in thermal power plants to reduce carbon emissions from coal burning activities, reported Antara news agency.
Indonesia, as the 2022 host of the Group of 20 economic forum, will introduce a bubble system for the forum’s summit later this year as a precaution against COVID-19, as the government rides out a third wave of infections driven by the highly contagious Omicron strain.
Indonesia’s Ministry of Social Affairs has established 854 Disaster Resilient Villages (KSB) and 208 social shelters to anticipate natural disasters in several vulnerable areas across the country.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
President Joko Widodo attends the launch of the Development Collaboration of Electric Vehicle Ecosystem at the MT Haryono gas station in Jakarta on February 22, 2022. (Photo: Presidential Secretariat Bureau)
