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Jokowi Actively Develops Indonesia's Nickel Mining Downstream Industry
One of the achievements of the Jokowi administration is the downstream mining industry. This program has become Indonesia's backbone and has successfully increased the added value from raw mining production to finished goods. Therefore, it is understandable that Indonesia has ...
Indonesia Plans to Ban Sales of Fuel Vehicles by 2045
The government plans to increase the use of electric vehicles at increasingly affordable prices, while traditional vehicles using gasoline (BBM) will be restricted due to a sales ban. The Coordinating Ministry for Maritime and Investment Affairs (Kemenko Marves) stated that it...
Indonesia Lifts Decades-Long Sea Sand Export Ban
President Joko Widodo has officially lifted the restrictions on sea sand exports, despite the ban having been in place for 20 years. The sea sand export policy follows the revision of two new regulations issued by the Minister of Trade, serving as the implementation of Governm...
Indonesia's Ministry of Energy and Mineral Resources Reduces Fuel Subsidy Quota for Next Year
The Ministry of Energy and Mineral Resources (ESDM) has reduced the quota for fuel oil or subsidized BBM for 2025. Previously, in the 2024 State Budget (APBN), the government set the subsidized BBM quota at 19.58 million kiloliters. However, the quota for next year is only 19....
Differences Between Central and Local Taxes in Indonesia
Most Indonesians know that taxes are mandatory contributions paid to the government annually through the Directorate General of Taxes (DJP). However, there are basically two different types of legal levies, namely central taxes and local taxes, each with its own basic rules. C...
Indonesia Plans to Add Four New Special Economic Zones
Establishing special economic zones (SEZs) is an important measure for Indonesia's economic development. The Acting Secretary of the Indonesian SEZ Council recently stated that Indonesia will soon add four new SEZs with a total investment of IDR 161 trillion. The four new SEZs...
Foreign Enterprises Investing in New Capital Exempt from Compensation for Foreign Workers
President Joko Widodo allows businessmen to invest in the new capital (IKN) to recruit foreign workers (TKA). This regulation is governed by Government Regulation No. 29 of 2024 concerning changes in licensing attempts, business convenience, and investment facilities for enter...
2025 Indonesia (APBN) National Budget Plan
Article data source: ANTARA News Agency, Jokowi's 2025 State Budget Speech Translated by: Qiandao Enterprise Services Indonesian President Joko Widodo submitted the 2025 Draft State Budget and Expenditure on Friday, August 16. This budget aims to support the new government for...
Joko Approves Establishment of Four New Special Economic Zones in Indonesia
Four new Special Economic Zones (KEK) proposed by business figures this year have been approved by President Joko Widodo. These four KEKs are Edutek Medika Internasional Banten at Bumi Serpong Damai (BSD), Nipa in Riau Islands, Batam International Health Tourism Zone in Riau I...
Indonesian Trade Minister Says Illegal Import Task Force Does Not Target Ordinary Merchants
The Minister of Trade (Mendag) confirmed that the Illegal Imported Goods Supervision Task Force (Satgas), which applies to import trade procedures, focuses on importers and/or distributors of illegal goods, not on retailers or traders in shopping centers. However, the task for...
Trade Minister Says Task Force Focuses on Major Wholesalers and Importers
The Minister of Trade (Mendag) stated that the special task force (Satgas) for supervising illegal imported goods is not targeting retailers. Instead, it will focus on monitoring the activities of importers, distributors, or wholesalers of seven regulated commodities. These se...
Indonesia's Crackdown on Illegal Imported Goods Policy to Last at Least One Year
The Director of Consumer Protection and Orderly Business (PKTN) at the Ministry of Trade (Kemendag) stated that the special task force monitoring illegal imports is valid for one year. If necessary, the government can extend the working period and add more products. The task f...