Indonesia's Ministry of Trade continues to focus on illegal imports this year
Indonesia's Trade Minister confirmed that the mandate of the Task Force on Illegal Imports will be extended until 2025. The mandate of the Task Force on Illegal Imports expired in December 2024, and the Trade Minister's decision provides for the establishment of the Task Force...
Wuling registers new electric model in Indonesia
Wuling Motors will expand its lineup of electric vehicles for the Indonesian market, has registered patent drawings for the new model, according to official documents, the new car is SUV, application accepted on October 17, 2024, probably Baojun Yunhai SUV. the appearance has innovations, the car...
Indonesian wire fraudsters posing as tax office staff to scam
Recently, a new type of telecom fraud from Indonesia quietly appeared, many people almost fell for the scam, we must be vigilant! Fraudsters are extremely cunning, they disguise as a tax office staff to call, an opening on...
Indonesia's investment ministry warns Chinese investors to be careful in finding industrial land
The Indonesian government has reminded investors to be careful in choosing industrial land, as there are often investors who choose the wrong type of land causing obstacles to building factories, and Chinese investors in particular need to pay attention and should consult with the government. Indonesia's manufacturing investment is growing year by year, and the 2018-2023 investment...
Indonesia's official VAT rates for different goods objects
The following goods are subject to 12% VAT: luxury residences such as mansions, apartments, condominiums, townhouses, etc., with a selling price of 30 billion rupiah or more; hot air balloon complexes and steerable hot air balloons, other flying machines without propulsion; firearms and their...
These Chinese goods were suddenly seized by the Indonesian Food and Drug Administration.
The Food and Drug Administration (FDA) has seized 235 types of cosmetic products that were illegally imported and contained hazardous ingredients, valued at about Rp 8.91 billion, in the districts of Banten, West Java, Central Java and East Java. Most of these cosmetics were imported through online channels such as e-commerce...
Indonesia's plan to raise VAT to 12% "scrapped"
As a New Year 2025 gift to the people, President Prabowo has canceled the planned hike in value-added tax (VAT) (PPN) from 111 TP3T to 121 TP3T. The policy was adjusted to levy 12% VAT only on luxury goods and services consumed by the wealthy class, such as...
Indonesia receives more than 120 trillion rupiah in Chinese investment
During his visit to Beijing, the Minister of Investment and Head of the Investment Coordinating Board announced that Indonesia has received new investment commitments of US$7.4 billion (about Rp 120.7 trillion) from China. These investments cover polysilicon, fiberglass, polyester tree...
Indonesian Government Establishes Working Group to Address Imported Goods Endangering MSMEs
The Coordinating Ministry for Community Empowerment (CMCE) is set to form an Import Working Group with the objective of monitoring incoming goods to prevent them from interfering with Micro, Small and Medium Enterprises (MSMEs). The Coordinating Minister said the working group is being formed to monitor and make recommendations to the President on regulatory reforms to deal with the high volume of imports that are damaging domestic livelihoods...
Minimum wage hike of 6.51 TP3T puts huge burden on Indonesia's business community
Economic policy analysts from the Indonesian Employers' Association assessed that the minimum wage increase of 6.5% would place a huge burden on the business community, especially labor-intensive industries, and that labor-intensive industries are becoming the government's focus for reducing unemployment. The government a...
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