The Indonesia finance ministry will raise cigarette excise taxes by up to 12%, as reported in The Jakarta Post in breaking news. The ministry said it it would raise excises by an average of 12% in 2022 from this year for machine-made clove cigarettes (SKM) and white cigarettes (SPM). For hand-rolled cigarettes (SKT), which are produced through labor-intensive processes, the government will cap the hike at 4.5%