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Regulations 2 years ago

PREMIUM
Finance minister rolls out VAT discount for electric vehicles

Finance Minister Sri Mulyani Indrawati has issued a regulation providing more value-added tax (VAT) discounts for purchasers of electric cars and buses in 2024.

Regulations 2 years ago

China's e-commerce discount race to the bottom puts incumbents under pressure

Platforms in China, the world’s largest e-commerce market, have recently described a “value-for-money battle” stoked by economic insecurity and a slower-than-expected retail recovery following the lifting of COVID-19 curbs late last year.

Markets 3 years ago

Russia plans to lower oil export discount to $20/barrel

Western sanctions over Russia's invasion of Ukraine, including the $60 a barrel price cap on Russian crude exports and the European Union's import ban, have forced the Kremlin to change the way it taxes oil sales.

Economy 4 years ago

India's Russian coal buying spikes as traders offer steep discounts

Russia, facing severe Western sanctions over its invasion of Ukraine, warned the European Union in April against sweeping sanctions on coal, saying they would backfire as the fuel would be redirected to other markets.

Companies 4 years ago

PREMIUM
Discounts spoil online food delivery market, experts warn

Special offers and promotional pricing in the online food delivery (OFD) industry have gone too far, industry analysts say, urging platforms to look for more sustainable ways to attract and retain customers.

Business 5 years ago

PREMIUM
Electricity rates, discounts to remain unchanged in first quarter of 2021

Lowering electricity bills is one of many government relief efforts meant to prevent more Indonesians from falling into poverty as the country grapples with a pandemic and an economic recession.

News 6 years ago

Garuda Indonesia cuts airfares for some domestic routes throughout August

Garuda Indonesia is offering discounts of up to 45 percent for destinations that include Bali, Yogyakarta, Lombok, Labuan Bajo and Medan.

Lifestyle 6 years ago

List of Independence Day deals to check out

Indonesia 75th Independence Day on Aug. 17 will see various brands and restaurants offering discounts and promotions.

Business 6 years ago

Online discounts best way to boost sales amid slump in purchasing power, analysts say

Discounts and promotional events will be important to lure consumers to e-commerce platforms amid a decline in purchasing power during the pandemic, expert and business player have stated.

Books 6 years ago

Big Bad Wolf to mark Indonesia’s Independence Day with online book sale

Available on its official store on Tokopedia, Big Bad Wolf's online sale will be held from Aug. 7 to 17.

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