Today's Top 3 News: Tax Exemptions, Foreign Ownership Among Govt Incentives for SEZ Investors in Indonesia
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23 July 2024 21:53 WIB
TEMPO.CO, Jakarta - Tempo English compiled the top three news on Tuesday, July 23, 2024. Here are the highlights: Tax Exemptions, Foreign Ownership Among Govt Incentives for SEZ Investors in Indonesia Indonesia's Foreign Ministry Responds to Possibility of Mediating Israel-Palestine, and Jokowi to Attend Polio Immunization for Children in Papua Today.
The following is the list of the top 3 news on Tempo English today:
1. Tax Exemptions, Foreign Ownership Among Govt Incentives for SEZ Investors in Indonesia
TEMPO.CO, Jakarta - The government provides fiscal assistance for investors in special economic zones or SEZs in Indonesia, including ease of access to permits and tax exemption. The fiscal assistance took the form of up to 20 years of tax exemption, while non-fiscal assistance includes 100 percent of foreign ownership.
Secretary General of the SEZ National Council, Rizal Edwin, explained that SEZs were developed in response to the concentrated development in Java and Sumatra. SEz is also quite helpful in maximizing the industries, exports, and imports.
2. Indonesia's Foreign Ministry Responds to the Possibility of Mediating Israel-Palestine
TEMPO.CO, Jakarta - The Indonesian Ministry of Foreign Affairs explained the opportunity for the country to become a direct mediator in the Israel-Palestine conflict. Despite these aspirations, the ministry said Indonesia has yet to play the role of mediator to date.
L. Amrih Jinangkung, Director General of International Law and Agreements said that Indonesia has mostly used diplomacy thus far rather than directly mediating the parties involved. "We’re not there yet,” said Amrih at a press conference at the ministry office, in Central Jakarta on Monday, July 22, 2024.
3. Jokowi to Attend Polio Immunization for Children in Papua Today
TEMPO.CO, Jakarta - President Joko Widodo or Jokowi is scheduled to personally inspect the beginning of the second round of Polio vaccination at National Immunization Week (PIN) at Integrated Health Center (Posyandu) Rawajali III Graha Nendali Housing, Jayapura, Papua, on Tuesday, July 23, 2024.
Jayapura Regency Health Office Secretary Edward Sihotang said that the Posyandu services would run as normal during Jokowi’s visit. "The President and his entourage will witness firsthand the polio immunization for children at Posyandu Rawajali III," he said.
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