政策信息
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Indonesia's New Capital Land Use Rights Can Extend Up to 190 Years
Indonesia's Trade Minister (Mendag) hopes that the new capital city (IKN) land use rights (HGU) permits, which are divided into two cycles, extend up to 190 years, and have been signed by President Joko Widodo, will make potential investors more willing to invest. Many investo...
Guide for Outbound Investment and Cooperation - Indonesia 2023 Edition
Before preparing for investment and cooperation in the Republic of Indonesia (hereinafter referred to as "Indonesia"), you need to understand Indonesia's political, economic, social, and cultural environment, local laws and regulations regarding foreign economic and trade coop...
Indonesia Denies Imposing 200% Import Tariff on China
【Antara News Agency】The Indonesian government has denied allegations of imposing a 200% import tariff on China. The Ministry of Finance stated that the government's import tariff policy does not target any specific country but is based on commodity types and economic interes...
Shopkeeper Says: Will Indonesia's Up to 200% Tariffs Be Implemented?
According to a report from Indonesia's national news agency, on June 28, Indonesian Trade Minister Hasan told the media that to protect the domestic manufacturing industry, new trade regulations would be introduced within the next one to two days, imposing tariffs of 100%-200%...
Indonesia's Ministry of Trade Plans to Tighten Imports of Chinese Ceramic Products
The Minister of Trade (Mendag) stated that he will tighten ceramic imports due to the large influx of illegal ceramic products from China.The Ministry of Trade recently confiscated 4.57 million ceramic products that did not meet SNI standards, valued at nearly IDR 800 billion....
Indonesia will offer a series of incentives for Chinese investors
The Ministry of Industry (Kemenperin) will ensure convenience for potential new Chinese investors investing in Indonesia. The Secretary General of the Ministry of Industry stated that the convenience measures provided by the government include tax reductions in the form of tax...
Indonesian Government Plans to Realize Foreign Investment in New Capital This Year
The IKN Authority targets to realize foreign investment in the new capital (IKN) in East Kalimantan (Kaltim) this year, claiming that foreign investor interest in the region is quite high. The Deputy for Financing and Investment of OIKN stated that the IKN investment plan many...
Indonesia Expected to Achieve 5.2% Economic Growth in Q1
The Coordinating Minister for Economic Affairs is optimistic that Indonesia's economic growth in the first quarter of 2024 will exceed 5%. He stated that Indonesia's economic target for 2024 is 5.2% growth. The target for this year so far is 5.2%. Of course, the government hop...
Indonesia's plan to raise VAT to 12% has not yet been confirmed for implementation next year
The government will discuss the policy plan to increase Value Added Tax (VAT) to 12%. It has not yet been decided whether this policy will be implemented in 2025. On Wednesday (April 23, 2024), the Coordinating Minister for Economic Affairs stated that this issue will only be ...
China-Indonesia 'Two Countries, Twin Parks' Demonstration Zone: Phase II of Food Industrial Park to Start Construction Soon
The Yuanhong Functional Area of Fuzhou New Area recently announced that a consortium led by China Communications Second Navigation Bureau has won the bid for the China-Indonesia Economic and Trade Innovation Development Demonstration Park Food Industrial Park (Phase II) projec...
China Development Bank Allocates Funds to Indonesian Railway Company to Solve High-Speed Rail Cost Overruns
China Development Bank (CDB) has disbursed $448 million (approximately IDR 6.9 trillion) to Indonesian Railway Company (KAI). This loan will be used to cover cost overruns for the Jakarta-Bandung High-Speed Railway, also known as the "Whoosh" high-speed rail project. In a sign...
Indonesia Promotes Local Currency Settlement to Strengthen Regional Economic Stability
Perry Warjiyo, Governor of Bank Indonesia, recently announced a new financial strategy to adopt local currency settlement in cross-border transactions with India and Saudi Arabia. Warjiyo emphasized the importance of this decision at a press conference in Jakarta: "By promotin...