social dynamics

New Ambassador Wang Lutong Arrives in Indonesia to Take Up His New Responsibilities

On the evening of October 12, 2024, the new Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to the Republic of Indonesia, Wang Lutong, arrived in Indonesia to assume his new duties and delivered a written speech at the airport. Ambassador Wang said he was honored to be assigned by President Xi Jinping to go out...

Land prices in Indonesia's new capital may soar tenfold next year

President Joko (Jokowi) this year encouraged domestic and foreign investors to invest their money or investments in the national capital (IKN) of East Kalimantan. His enticement was accompanied by a picture that IKN's current land prices could soar next year to 10...

Indonesia's Trade Fair Exports Reach Rp 476 Trillion

The export achievement of Indonesian products at the Trade Expo Indonesia (TEI) has increased significantly, the Trade Minister said. Since it was first launched 10 years ago, exports realized through TEI have reached US$30.5 billion or Rp 476 trillion by 2023....

Midea launches new energy-saving air conditioner for Indonesian market

Home electronics equipment manufacturer Midea Electronics Indonesia aims to sell 10,000 units of inverter air-conditioning products by 2024, in line with the plan to open a Midea air-conditioning factory in Jababeka Industrial Zone, Cikarang, Bekasi. In addition to opening the factory...

Indonesia plans to implement the world's lowest tax regime

The Indonesian government plans to immediately implement the Global Minimum Tax System GMT, a concept developed by the Organization for Economic Cooperation and Development (OECD), with a minimum effective tax rate of 15%.The Deputy Minister of Finance said the implementation of the Global Minimum Tax Rate in Indonesia could make...

Southeast Asia's GDP reaches $3.4 trillion as a strong economy

With an average economic growth rate of 4.41 TP3T from 2010 to 2022, the Southeast Asian region is also considered a new force in the global economy. The Deputy Managing Director of Drewry Marine Services Asia Pte Ltd said that the Southeast Asian region annually...

Reasons for Indonesian Customs to open and inspect travelers' luggage

Customs and Excise Department officials have repeatedly inspected the suitcases of travelers arriving from overseas, and several cases have quickly gone viral and are in the public spotlight. The Director of User Communications and Guidance at the Customs and Excise Department explained that the Customs and Excise Department is tasked with enforcing...

Experts ask Indonesian government to reassess Jakarta-Surabaya high-speed rail link

The director of public policy at the Center for Economic and Legal Studies (Celios) believes that the government needs to review its plans to extend the Javan high-speed rail project to Surabaya, East Java. He believes that the Jakarta-Bandung HSR project needs to be rethought, which was planned and constructed from...

Indonesian industry demands restrictions on e-commerce goods imported from China

The Executive Director of CELIOS explained that there has been a significant increase in e-commerce products imported through distributors and across borders, thus posing a threat to local producers. According to CELIOS, the total amount of e-commerce imports increased significantly from 6.1 million units in 2017...

Regulations for foreign nationals owning property in Indonesia

Indonesia, a country of archipelagos, has certainly become a target for investment in many aspects of the world, and one of the interesting investments is real estate investment. Basically Indonesia's property law restricts the ownership of property to foreign nationals (WNA) and then...
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