- Government: 12% VAT will be postponed
Prabowo Subianto’s government is said to be considering postponing the VAT increase to 12%. Deputy Commander of the Prabowo-Gibran Young Voter National Campaign Team (TKN Fanta) Anggawira said the government in the Prabowo era would consider postponing the VAT increase to 12%. According to him, this will help maintain price stability for goods and services often purchased by middle-class people. Considering the postponement of the VAT increase to 12%, Anggawira said that the Prabowo government had prepared several strategies to maintain tax revenues, such as tax base expansion, diversification of revenue sources, and optimizing SOE and investment. (Kontan) - VICI distributes dividend interim dividend with a 5.55% yield
Victoria Care Indonesia (VICI) is preparing to distribute an interim dividend of IDR 35 per share, totaling IDR 23.48B. The interim dividend distributed is equivalent to 23.99% of VICI’s 1H24 profit, which reached IDR 97.88B. With VICI’s share price at IDR 630 per share on Wed (9/10), Victoria Care’s interim dividend yield is 5.55%. The cum dividend date is on 17 Oct 24 and will be distributed on 8 Nov 24. (Kontan)