social dynamics

Tax authorities emphasize need to tighten bank account restrictions

The Director General of Taxation (Dirjen) at the Ministry of Finance (Kemenkeu) has given his opinion on the new rules that prohibit the opening of new accounts for individuals or entities that are not willing to provide information to identify their financial status. These rules, such as the 2024 Finance Minister's Article...

China Becomes Major Source of Indonesia's Garment Imports

The Central Bureau of Statistics (BPS) noted that apparel imports increased in July 2024, especially from China. Monthly imports of knitted garments and accessories (HS 61) increased by 55.46%.Meanwhile, imports of non-knitted garments and accessories (HS 6...

Indonesia cracks down on illegal imports, seizes Rp 100 billion in goods in three operations

On August 19, Indonesia's Trade Minister told the media that the Special Task Force for the Rectification of Illegal Imports had for the third time seized illegal imports worth a total of Rp 20.2 billion, or about Rp 10 million. The seized illegal goods include electric drills, angle grinders...

Indonesian real estate tycoon optimistic after witnessing Xindu's development

Sugianto Kusuma, owner of real estate giant Agung Sedayu Group and developer of the PIK area, is optimistic about the success of Indonesia's new capital (IKN). He witnessed the development of IKN when he attended the 79th Independence Day ceremony...

President Joko to attend inauguration of West Kalimantan alumina smelter

President Joko plans to inaugurate the Alumina Smelter (SGAR) project in Mempawah, West Kalimantan, in September 2024... Joko was visiting the Jakarta Convention Center for the 2024 Environment, Climate, Forestry and New Renewable Energy...

YLKI urges consumers to be wary of illegal food imports from China

The Indonesian Consumer Foundation (YLKI) has urged the public to be wary of illegal food and beverage products from China as they can jeopardize people's health.The YLKI researcher said people must be more careful when purchasing food, a...

Indonesia task force seizes 46.1 billion rupiah in illegal imports

The Task Force on Illegal Imports (TFI), composed of the Ministry of Trade, Customs and Taxation and the Attorney General's Office (Kejagung), confiscated illegally imported products valued at Rp 46.1 billion. The Task Force on Illegal Imports, which is also a member of the Advisory Board of...

Ten items on which Indonesia plans to impose excise tax

The government plans to increase the types of goods on which excise duty is levied, ranging from packaged sugary drinks (MBDK) and plastics to ready-to-eat foods. Excise duty on MBDK and plastics was planned since 2019, but discussions were delayed due to the pandemic. The aim ...

Luhut says Batang industrial zone expected to become a special economic zone

Minister of Maritime Affairs and Investment Coordination (Marves) Luhut said that the Batang Integrated Industrial Zone (KITB) or Greater Batang City will become a Special Economic Zone (KEK). The 4,300-hectare KITB will continue to expand and be built in four phases. The current construction of KITB is only...

Illegal imports worth Rp 40 billion seized

On July 26, Indonesia's Trade Minister led a special task force to rectify illegal imports, seized a warehouse located in Jakarta's North District, in which the value of products suspected of being illegally imported amounted to 40 billion rupiah, which is equivalent to about 20 million...
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