Jakarta region exempts electric car owners from taxes due
The Jakarta provincial government has issued regulations and incentives to attract interest in switching to electric vehicles. Electric Vehicles or Battery Electric Vehicles (B EVs) or Battery Based KBLs are driven by an electric motor and...
Jakarta seizes 2.2 billion rupiah in illegal imports of Chinese cosmetics
The Head of BPOM, accompanied by the Supervisory Coordinator (Korwas), the PPNS Metro Jaya District Police (Polda) and the National Army Strategic Intelligence Service (BAIS TNI), held a seminar titled "Cooperation between BPOM and the National Police in the Seizure of Illegally Imported...".
Prabowo asks top four ministers to save local textile giants
The government will try its best to save the textile company PT Sri Rejeki Isman (Sritex), this was stated by the Minister of Industry after the District Court of Semarang (PN) declared the bankruptcy of Sritex not long ago. Saving Sritex was a direct order from President Prabowo...
Details of the list of best-selling car brands in Indonesia in September
Toyota's position on the list of best-selling car brands has not been replaced, Indonesia saw a decline in car sales in September.Wholesale car sales reached 76,304 units in August, then only 72,667 units in September. Similarly retail sales were down from the previous...
Indonesia Follows Singapore's Lead in Establishing National Investment Holding Agency
Indonesia's new President Prabowo will set up a national investment holding company similar to Singapore's Temasek to consolidate and leverage decentralized investments. The agency, called Daya Anagatanusan Dara Investment Management Agency (Daya...
Trade ministry rejects Poundland's entry into Indonesia's e-commerce marketplace
The Minister of Trade (Mendag) emphasized that he would not allow e-commerce applications from China (i.e. Temu) to enter Indonesia, and that he had not approved applications to enter Indonesia. In addition, he also addressed the issue of e-commerce that has not yet been completed, but...
Experts believe Prabowo still values Chinese investment
The Senior Advisor of Indonesia's Laboratory 2045 (Lab 45) predicts that President-elect Prabowo will follow in the footsteps of his predecessor, President Joko, when he comes to power. One thing worth emphasizing is the issue of investment, and he believes Indonesia's eighth president will remain focused on coming...
Indonesia's total imports in September down 8.91% from August
The Central Bureau of Statistics (BPS) noted that by September 2024, imports totaled $18.82 billion. Compared to August 2024, the figure dropped by 8.91%.The BPS chief explained that the decline in imports came from oil and gas, the amount...
Indonesian Industry Reacts to Anti-Dumping Tariffs on Chinese Ceramic Imports
Indonesia has officially imposed an additional import duty of anti-dumping import tax (BMAD) on ceramic tile products imported from China, a policy that was decided by the Finance Minister, who issued a decision on the imposition of anti-dumping import duty on ceramic tile products imported from China in 2...
Indonesia's North Java Seawall Project Plans to Attract Foreign Investment
President-elect Prabowo plans to work with Chinese investors to develop a huge seawall along the north coast of Java.The deputy chairman of the Gerindra Party Advisory Board said he had contacted several companies from China. He has been to Beijing twice,...