Policy Information

President Prabowo said he is still receiving reports of numerous cases of violations that have caused losses to the country, such as illegal mining, manipulation of financial reports, and tax arrears. He has seen a lot of wealth being smuggled and such acts are both illegal and unfair and the perpetrators...

The Indonesian government started to raise the retirement age of Indonesian laborers to 59 years old this year, and according to government regulations, the retirement age will be raised by one year every three years until it eventually reaches 65 years old, starting from 57 years old in 2019. Those who have reached the retirement age and have contributed...

The spokesman for the Ministry of Foreign Affairs said that China welcomes and warmly congratulates Indonesia on becoming a full member of BRICS. As a large developing country and an important force in the "Global South", Indonesia highly recognizes the spirit of BRICS and actively participates in BRICS+ cooperation. Indonesia officially...

Indonesia's Trade Minister confirmed that the mandate of the Task Force on Illegal Imports will be extended until 2025. The mandate of the Task Force on Illegal Imports expired in December 2024, and the Trade Minister's decision provides for the establishment of the Task Force...

The following goods are subject to 12% VAT: luxury residences such as mansions, apartments, condominiums, townhouses, etc., with a selling price of 30 billion rupiah or more; hot air balloon complexes and steerable hot air balloons, other flying machines without propulsion; firearms and their...

As a New Year 2025 gift to the people, President Prabowo has canceled the planned hike in value-added tax (VAT) (PPN) from 111 TP3T to 121 TP3T. The policy was adjusted to levy 12% VAT only on luxury goods and services consumed by the wealthy class, such as...

The Coordinating Ministry for Community Empowerment (CMCE) is set to form an Import Working Group with the objective of monitoring incoming goods to prevent them from interfering with Micro, Small and Medium Enterprises (MSMEs). The Coordinating Minister said the working group is being formed to monitor and make recommendations to the President on regulatory reforms to deal with the high volume of imports that are damaging domestic livelihoods...

Recently, Indonesia announced that the minimum salary rate (UMP) in 38 provinces across the country will be increased by a uniform 6.51 TP3T from 2025.The core objective of this adjustment is to adapt to the continued socio-economic development and to mitigate inflation and living...

Indonesia's Minister of Investment and Downstream, among others, said that investment is the key to economic growth and that the government prioritizes increasing the flow of high-quality investment, with President Prabowo targeting economic growth of 8%.Currently Indonesia's economic growth is driven by domestic consumption (contributing 53-...

Indonesia has officially implemented the updated non-taxable state revenue (PNBP) regulation, which revises the fees for immigration services such as visa applications, residence permits and passport issuance, with a general increase of Rp 1 million in taxes for business visas in categories C and D (...