The Value Added Tax (VAT) rate in Indonesia is set to rise to 12% in 2025, a move that is predicted to significantly affect the e-commerce sector. This increase, part of the government’s broader fiscal strategy, aims to boost revenue for national development. However, it poses challenges for online businesses and consumers alike.
Month: December 2024
Bali Tourism Threatened by Extreme Weather: 19 Flights Disrupted at Ngurah Rai Airport
Bali, Indonesia, often referred to as the Island of the Gods, is a global tourism hotspot renowned for its pristine beaches, vibrant culture, and spiritual retreats. However, recent extreme weather events have disrupted its tourism activities, causing concern for travelers and local businesses alike. Among the most significant impacts has been the disruption of 19 flights at Bali’s Ngurah Rai … Read More