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Jakarta Post
The Jakarta Post
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Economy in brief: Govt to boost SMEs industrialization

  • The Jakarta Post

Jakarta | Wed, May 16 2018 | 02:23 am

PREMIUM The government is set to issue fiscal policies to boost the industrialization of small and medium enterprises (SMEs).On Tuesday, Finance Minister Sri Mulyani Indrawati said the policies would, among others, include a tax holiday and tax allowances for investments below Rp 500 billion (US$35.5 million).“We will design incentives that are focused on the export-oriented labor-intensive industry,”...