Business Data
Industry brief - government may suspend ship component taxes
The Indones ian g overnment is cons idering s us pending import duties on s hip components and value-added tax (PPN). The move is aimed at supporting g rowth in the local s hipbuilding indus try, according to Indus try Minis ter Saleh Hus in. The suspens ion would be along the lines of the maritimeaxis vis ion initiated by Pres ident Joko Widodo. 'Our s hipbuilding indus try outs ide Batam is s till underdeveloped. We want to provide incentives for s hipyards operating outs ide Batam s o that they can expand,' s aid Hus in.