Policy Information
Indonesia Adjusts Royalty Rates for Various Minerals
The Ministry of Energy and Mineral Resources (MEMR) has revised the royalty and non-tax state revenue regulations for the mineral and coal sectors, aiming to increase the mining sector's contribution to the national treasury. The royalty rate for raw nickel ore will be increased from 101 TP3T to 141 TP3T-191 TP3T; nickel...
Indonesia revises tax regulations for a wide range of minerals
The Indonesian government has revised regulations related to royalty tax in the mineral and coal sectors in order to increase revenue from the state's mining sector and to tap the revenue potential from other mineral derivatives. The current tax rate on coal is applied based on the benchmark coal price (HBA)...
Indonesian government allocates 20 trillion to support labor-intensive industries
The government led by President Prabowo plans to allocate 20 trillion rupiah in 2025 to rescue and strengthen labor-intensive industries, with the funds being disbursed through the Labor-Intensive Investment Credit Program, focusing on textiles, garments, footwear, furniture, leather,...
Indonesia's version of the Shenzhen Plan launched with a 16 trillion dollar capital injection to start 27 enterprises to move in
Heavy news! On March 20, 2025, Indonesian President Prabowo personally visited the Batang Industrial Zone in the Central Java Industrial Belt, crowning this rising industrial star as a 'national special economic zone', and even benchmarking it against the 'Indonesian version of Shenzhen', vowing...
Indonesia plans to impose royalties on multiple metals
Cobalt prices on the London Metal Exchange stood at $29,210 per ton today, up 5.261 TP3T from the previous session's close, while nickel prices were down 0.351 TP3T at $16,493 per ton, well below the record high selling price of 2022-2023. 2023-2024...
Multi-field cooperation between East Java and China
The Governor of East Java met in Surabaya with the Chinese Consul General in Surabaya, Xu Yong, who conveyed a congratulatory letter from the Mayor of Shanghai and the Mayor of Tianjin on her assumption of office as the Governor of East Java and congratulated her and the people of East Java on their fasting. The two sides discussed ...
Indonesia identifies 21 downstream industry projects with a total investment of $40 billion
The Minister of Energy and Mineral Resources has revealed that the government has finalized 21 first-phase downstream industry projects with a total investment of $40 billion (about Rp 659.2 trillion) to be funded by the National Energy Investment Authority (BPI Danantara). These...
Indonesian government cabinet reviews downstream industry projects
The Indonesian government is reviewing various downstream projects including minerals, coal, agricultural products and seafood. President Prabowo received a report from the Downstream Working Group and relevant ministries on the development of investment in the downstream sector, and at the meeting the working group reported...
Indonesia simplifies import duties on eight categories of goods
The Indonesian government has simplified import tariffs for specific eight categories of goods, which are currently simplified to 0%, 15% and 25%. The head of the Import Division of the Technical Department of the Customs Directorate General of the Ministry of Finance said that the importation of goods with a value of more than US$3 to US$1,500...
Luhut asks government to closely monitor Chinese goods
Indonesia must protect its textile industry from the influx of Chinese exports while continuing to attract investment and create jobs, said Luhut, chairman of the National Economic Council. Despite facing increased layoffs and global challenges, the textile industry...