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small and medium enterprises (msme)

Several countries in the Asia-Pacific, such as Malaysia, Thailand, the Philippines, and Australia, have readied plans for recovering their economies from the impacts of Covid-19.

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Notes for Recovering the Economy

Several countries in the Asia-Pacific, such as Malaysia, Thailand, the Philippines, and Australia, have readied plans for recovering their economies from the impacts of Covid-19.

Minority of MSMEs Utilize Tax Incentives

Only around 200,000 micro, small and medium enterprises (MSMEs) or 8.7 percent of 2.3 million enterprises with taxpayer identity numbers (NPWP) have applied for tax incentives.

Accelerate People’s Income Increase

Increasing people’s income is key to improving a country’s Human Development Index (HDI) score quickly. To achieve this, jobs, qualified manpower and stable economic conditions are required.

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