Policy Information
Indonesia Extends Import Safeguard Levy on Ceramic Floor Tiles
The Finance Minister has decided to continue the import safeguard duty (BMTP) on imported ceramic floor tile products for a period of two years. This policy was introduced in view of reports that the domestic industry has suffered severely due to increased imports of ceramic floor tile products...
Indonesian government forms downstream industry task force
The Ministry of Energy and Mineral Resources (MEMR) said the Downstream Industry Task Force will offer 35 projects worth US$123.8 billion (2.005 trillion dong) to investors, which the deputy minister described as a way to accelerate the development of the downstream industry to achieve domestic energy security...
Indonesian government prepares thirty-five downstream projects for investors
The Ministry of Energy and Mineral Resources (MEMR) said the government is preparing 35 downstream industry projects worth US$123.8 billion (about 2.015 trillion dong). The deputy minister said according to the coordination meeting of the National Working Group on Acceleration of Energy Downstream Industry and Energy Security,...
Indonesian government controls foreign exchange, what is the impact?
On February 17th, Indonesian President Prabowo issued Presidential Decree No. 8 of 2025 announcing the Foreign Exchange Control Policy for Natural Resource Exports (DHE SDA). From March 1, 2025, exporters in the mining, plantation, forestry and fishery sectors are required to transfer 1...
Exporters to deposit full amount of foreign exchange with Bank Indonesia from next month
President Prabowo has announced strategic policies to strengthen the country's economic resilience by making it mandatory to store foreign exchange earnings from natural resource exports (DHE SDA) in the country. Mining (except oil and gas), plantations, forestry and fisheries...
Indonesia plans to develop nuclear energy in a big way
Indonesia will build nuclear power plants with a total capacity of up to 4.3 gigawatts (GW), the president's special envoy for climate and energy affairs said, as part of the government's energy transition strategy.The plants to be built will be Small Modular Reactor (SMR) floating power plants...
Multi-agency Indonesian government conducts joint warehouse checks ahead of Ramadan
Seven Indonesian departments have reportedly been conducting joint warehouse checks in Jakarta, Tanggelang and surrounding areas since February 11, which is expected to last two weeks. The operation involves multiple areas with high compliance requirements and strong penalties, and some sellers believe the intensity exceeds that of last year's 7...
China and India renew 400 billion yuan bilateral local currency swap agreement
The People's Bank of China (PBOC) and the Central Bank of Indonesia (CBI) have recently renewed their bilateral local currency swap agreement, with a swap size of 400 billion yuan / 878 trillion rupiah, valid for five years, and can be extended by mutual consent. The People's Bank of China said that the two sides...
Process of Registering NPWP in Indonesia's New Tax System
Individuals and entities that meet certain tax liability criteria in Indonesia are required to register for a taxpayer identification number NPWP, and the Directorate General of Taxation officially launched the coretax system on January 1, and the following is the process of registering for an NPWP through the system: first click on the link...
Nickel production grows as Indonesian government adjusts policy to help local development
Indonesian nickel production in 2024 is close to 300 million metric tons per year at 298.4 million metric tons, said the secretary general of the Indonesian Nickel Mining Association (APNI). From 2023 to 2024, Indonesian nickel production has been increasing, mainly due to mixed nickel hydroxide precipitates (MHP)...