Indonesia's VAT rate to rise to 12% from next year at the latest
As of January 1, 2025, the government will increase the value-added tax (VAT) rate by 121 TP3T from the current 111 TP3T, however, the Directorate General of Taxes (DGT) has said that it will be implemented after the new government takes office.The increase in VAT by Law No. 7 of 2021 on the Harmonization of Tax Regulations on...
List of items exempted from import duty or VAT in Indonesia from next year
The Minister of Finance exempts certain imported goods from import duties and/or value added tax (VAT), which include aircraft spare parts, scientific and technical books, caskets or other parcels containing corpses or ashes. The Minister of Finance Regulations (PMK) 2024 No....
Position: M&E Project Manager, Indonesia
Company Name: PT. DAGI DALIINDONESIA Job Position: M&E Project Manager in Indonesia - Job Description: Effective communication with Party A on a daily basis, flexible, responsible for the day-to-day promotion of the project, rationalize the project schedule...
Indonesia plans to block Apple 16's IMEI number
It seems that Indonesian consumers will need to be more patient waiting for Apple's latest iPhone 16 smartphone, which is not only not authorized for sale, but there is also the threat of blocking the IMEI. The Ministry of Industry is preparing to block the iPhone 16 from going on the...
China-Indonesia Business Forum held in Beijing
China-Indonesia Business Forum was held in Beijing on the 10th. Mr. Gao Yunlong, Vice Chairman of the CPPCC National Committee and Chairman of the All-China Federation of Industry and Commerce (ACFIC), attended the forum and delivered a speech. Gao Yunlong said that China is willing to work hand in hand with all circles in Indonesia to deeply implement China's national leadership...
China and India sign seven cooperation agreements
President Prabowo, together with Chinese state leaders, witnessed the signing of seven cooperation agreements between Indonesia and China. Quoting the Presidential Secretariat, the ceremony of signing the cooperation agreements was held on Saturday (November 9, 2024) at the Great Hall of the People in a...
Prabowo's visit to China to sign $10 billion in contracts
President Prabowo said that some Indonesian companies will sign contracts worth more than 10 billion dollars with Chinese companies. Tomorrow afternoon, the Indonesian Chamber of Commerce and Industry will organize an event where Chinese and Indonesian companies in the field of science will sign contracts worth more than...
Indonesian industry calls for protection of steel industry from Chinese imports
With the recent news of massive imports of steel from China overshadowing the domestic steel industry, the industry is hopeful that the government will protect the country's steel industry from suffering the same fate as the textile industry, which has suffered from the invasion of imported products by...
Indonesia to ban exports of copper and tin raw materials from next year
In order to strengthen downstream industry development, the Ministry of Industry (Kemenperin) continues to enhance downstream optimization and improve the competitiveness of the country's copper and tin industry. In addition, the copper and tin sectors are supporting downstream automotive, electronics, electrical equipment and renewable energy...
China and Indonesia cooperate to set up electric vehicle battery production enterprise
A state-owned investment holding company operating in the renewable energy materials sector, PT Industri Battery Indonesia or Industry Battery Corporation (IBC), is working with the world's largest electric vehicle (EV) battery company...
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