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Indonesia's mandatory export of foreign currency deposits for one year next year

The Ministry of Finance (MoF) has confirmed that the revised foreign exchange (DHE) regulations for export earnings will be introduced shortly, with effect from January 2026, and are currently in the process of being approved by the Secretariat of State. The Director General of the General Department of Strategic Economy and Finance said that the new regulations require exporters to pay the same amount as the...

Indonesian Nickel Association and Forum Oppose Excessive Nickel Mining Penalty Standards

The Association of the Indonesian Nickel Industry (APNI) and the Forum of the Nickel Industry (FINI) are contesting the Ministerial Decree recently issued by the Minister of Energy and Mines. The decree stipulates the standard administrative fines for mining violations in forest areas, with the highest for nickel at 6.5 billion rupiah per hectare per year,...

Government threatens to take over Chinese-owned Widabe nickel mining venture

The Forest Management Remediation Working Group said that if PT Weda Bay Nickel fails to pay the administrative fine for illegally occupying forest land, further legal measures may be taken. The company has filed a complaint against the fine and plans to engage in a dialog. Previously the work...

Chinese-funded motorcycle factory in Indonesia to start production next year

Chinese motorcycle manufacturer QJMotor has announced that its factory in Indonesia will officially start production in January 2026 in Cikarang, West Java, as a production base for the Asia-Pacific region. According to QJMotor Indonesia's branding and operating...

Chinese tenants drive industrial real estate growth in Indonesia

2025 PT Modernland Realty Tbk (MDLN), which has bucked the trend of explosive growth amidst global macroeconomic uncertainty, disclosed in its annual public presentation that the industrial real estate segment has become a core driver of performance and clarified that the future...

Indonesia to suspend electric vehicle incentives next year

The Minister of Economic Coordination has announced that the electric vehicle incentive will not be extended until 2026, and that the related budget will be shifted to the domestic vehicle program in order to revitalize the local automotive industry and attract investment from car companies. The incentives allow imported pure complete vehicles (CBU) to enjoy...

Ningde Times boosts Indonesia-Singapore renewable energy exports

Renewable energy developer Vena Energy has signed a battery storage supply agreement with Ningde Times (CATL) to support its Indonesia-Singapore renewable energy export project. Under the agreement, CATL will supply Vena Energy subsidiary PT...

China becomes Indonesia's main source of tombstone imports

Although Indonesia is a global player in the tombstone trade and its own stone products are also sold in large quantities to the U.S. and Japan, it still imports tombstones from abroad, with China being the main supplier. Central Bureau of Statistics data show that tombstone (HS code 68029900) imports in recent years...

Indonesia-U.S. trade deal talks hit snag

Indonesia is facing U.S. pressure on its July trade deal (Tariff 19%), with the U.S. demanding new clauses that could restrict Indonesia's cooperation with China, its biggest source of foreign investment, sparking friction between the two sides. According to Bloomberg, the U.S. accused Indonesia...

Special Economic Zones (SEZs) as an engine of growth for local economies in Indonesia

The government has continued to strengthen the role of Special Economic Zones (KEKs) as engines of growth for the local economy, and their economic results have gradually emerged. The Coordinating Minister for the Economy said the economic performance of areas where well-managed KEKs are located, such as Batang District and Kendall...
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