行业快讯
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Indonesia's VAT Rate to Increase to 12% by Next Year at the Latest
Starting January 1, 2025, the government will raise the Value Added Tax (VAT) rate from the current 11% to 12%. However, the Directorate General of Taxes stated that implementation will follow after the new government takes office. Law No. 7 of 2021 on Harmonization of Tax Reg...
China-Indonesia Business Forum Held in Beijing
The China-Indonesia Business Forum was held in Beijing on the 10th. Gao Yunlong, Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and Chairman of the All-China Federation of Industry and Commerce, attended and delivered ...
Indonesian Industry Calls for Protection of Steel Sector from Chinese Imports
Recently, the domestic steel industry has been overshadowed by news of massive steel imports from China. Therefore, the industry hopes the government can protect the national steel industry from suffering the same fate as the textile industry, which was severely hit by the inv...
China-Indonesia Cooperation to Establish Electric Vehicle Battery Production Enterprise
PT Industri Battery Indonesia, or Industry Battery Corporation (IBC), a state-owned investment holding company operating in the renewable energy materials sector, is cooperating with CBL International Development Pte Ltd, a business unit of CATL, the world's largest electric v...
Indonesia Plans to Export Electric Motorcycles to Southeast Asia and Africa
The Indonesian Electric Motorcycle Industry Association (Aismoli) is optimistic that the export potential of battery-powered motorcycles will continue to grow. Indonesian electric motorcycle exports have entered Southeast Asian countries such as Malaysia and Cambodia. The asso...
Indonesia's Domestic Textile Industry Problems Are Becoming Increasingly Acute
The national textile industry is in serious trouble. The bankruptcy declaration of PT Sri Rejeki Isman Tbk or Sritex has sounded an alarm, requiring immediate government intervention to correctly diagnose and provide a panacea to revitalize the labor-intensive textile industry...
Jakarta Seizes Rp 2.2 Billion in Illegally Imported Chinese Cosmetics
The Head of BPOM, accompanied by the Supervisory Coordinator (Korwas), PPNS Metro Jaya Regional Police (Polda), and personnel from the National Army Strategic Intelligence Agency (BAIS TNI), held a press conference titled "BPOM Cooperates with National Police to Seize Illegal ...
Prabowo Orders Four Ministers to Save Local Textile Giant
The government will make every effort to rescue textile company PT Sri Rejeki Isman (Sritex), as stated by the Minister of Industry after the Semarang District Court (PN) recently declared Sritex bankrupt. Rescuing Sritex is a direct order from President Prabowo, who has reque...
Detailed List of Best-Selling Car Brands in Indonesia for September
Toyota's position at the top of the best-selling car brand rankings has not been replaced, while Indonesia's car sales saw a decline in September. In August, wholesale car sales reached 76,304 units, but in September they fell to just 72,667 units. Similarly, retail sales drop...
Indonesia's September Imports Down 8.91% Compared to August
The Central Statistics Agency (BPS) noted that by September 2024, total imports reached USD 18.82 billion. This figure decreased by 8.91% compared to August 2024.The Head of BPS explained that the decline in imports came from oil and gas, amounting to USD 2.53 billion, down 4....
Indonesia's North Java Sea Wall Project Plans to Attract Foreign Investment
President-elect Prabowo plans to cooperate with Chinese investors to develop a massive sea wall along the northern coast of Java Island.The Deputy Chairman of the Gerindra Party Advisory Board stated that he has approached several companies from China. He has been to Beijing t...
Indonesia Achieves IDR 479 Billion in Transactions at China Exhibition
At the 21st China-ASEAN Expo (CAEXPO) held at the Nanning International Convention and Exhibition Center (NICEC) in China from September 24 to 28, 2024, Indonesia recorded potential transactions worth IDR 479 billion. The Director of National Export Development at the Indonesi...