Today's Top 3 News: Prabowo Approves VAT Hike to 12% Next Year but Only for Luxury Goods

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December 6, 2024 | 09:52 pm

TEMPO.CO, JakartaTempo English compiled the top 3 news on Friday, December 6, 2024. Here are the highlights: Prabowo Approves VAT Hike to 12% Next Year but Only for Luxury Goods, AFF Cup 2024: Indonesia Women's Team Champions After a 3-1 Win Over Cambodia, and Preacher Miftah Maulana Resigns as Special Presidential Envoy.

The following is the list of the top 3 news on Tempo English today:

1. Prabowo Approves VAT Hike to 12% Next Year but Only for Luxury Goods

GOOTO.COM, Jakarta - Indonesian President Prabowo Subianto has approved a limited increase in Value Added Tax (VAT) from 11% to 12%, which will be effective January 1, 2025. This decision was announced by the Chair of the House of Representatives (DPR) Commission XI, Mukhamad Misbakhun, after a meeting on VAT between the president and House leaders at the Jakarta Presidential Palace on Thursday, December 5, 2024.

Misbakhun stated that the parliament would adhere to the laws governing this VAT increase. He also emphasized that the 12 percent VAT would only apply to specific commodities, encompassing both domestic and imported luxury goods.

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2. AFF Cup 2024: Indonesia Women's Team Champions After a 3-1 Win Over Cambodia

TEMPO.CO, Jakarta - The match between the Indonesian Women's National Team and Cambodia in the final of the AFF Cup 2024 ended 3-1 in favor of the Garuda Pertiwi team. With the result of the game held at the New Laos National Stadium on Thursday, December 5, 2024, the Indonesian National Team successfully made history by winning the Southeast Asian football event.

In the first half of the match, the Indonesian women's national team scored through Reva Octaviani in the 19th minute and Sydney Hooper in the 35th minute. Meanwhile, Cambodia contributed a goal through a header by Hok Saody in the 32nd minute. Indonesia's second-half goal was again scored by Reva in the 56th minute after receiving a pass from Rosdilah, who came on after halftime.

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3. Preacher Miftah Maulana Resigns as Special Presidential Envoy

TEMPO.CO, Yogyakarta - Preacher Miftah Maulana Habiburrahman, also known as Gus Miftah, announced his resignation as the Special Presidential Envoy for Religious Harmony and Religious Facility Development.

Miftah made this announcement during a press conference held at his residence, Ora Aji Boarding School in Sleman, Yogyakarta, on Friday afternoon, December 6, 2024.

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