September 2025 Edition

Accelerating Recovery: Boosting Purchasing Power & Investment Amid Economic Dynamics

MSMEs, Music, and Taxation now meet at a critical crossroads—between fiscal compliance and respect for creative rights.

The September 2025 edition invites us to reexamine how incentive policies designed to strengthen public purchasing power must go hand in hand with legal compliance, including respect for the economic rights of creators.

Amid the extension of the 0.5% Final Income Tax rate for MSMEs until 2029 and various other stimulus programs, an irony emerges: while some business owners benefit from fiscal relief, they often neglect royalty payments for the music played in their establishments. Yet MSMEs are not merely the backbone of the national economy—they are an integral part of the creative ecosystem that demands fair and ethical governance.

This edition highlights that economic inclusivity cannot be measured solely by the scale of incentives, but by the balance between growth and compliance. True economic independence is built upon an ecosystem that values hard work, creativity, and justice for all.

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