Boss says: How to import and operate in Indonesia in a compliant manner
Doing business in Indonesia How to do compliant imports, Mr. Wang shared three points: First, do a good job of market research. In the second half of the Indonesian market, the model of purely utilizing the information gap and dumping goods no longer works. It must be based on self...
Differences between central and local taxes in Indonesia
As most Indonesians know, tax is a mandatory contribution that is paid annually to the government through the Directorate General of Taxation (DJP). However, there are basically two different types of legal levies, central and local taxes, which also have their own base...
Food and Beverage Industry Suffers Massive Layoffs Due to Indonesian Health Regulations
The Ministry of Manpower (Kemenaker) has responded to the threat of mass layoffs in the food and beverage industry (mamin) due to government regulations (PP) on health. The Ministry of Manpower Labor Relations Development and Employment Social Security (PHI-JSK)...
Wuling's right-hand drive exports nearly 5,500 units
Since its debut in 2017, Wuling has exported thousands of vehicles and has become an export base for several destination countries around the world. In its presentation at GIIAS 2024, Wuling said that the company's exports to 14 destination countries...
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...
Indonesia plans four new special economic zones
The establishment of Special Economic Zones (SEZs) is an important initiative for Indonesia's economic development. The Acting Secretary General of the Indonesian Special Economic Zones Commission (SEZC) recently stated that Indonesia will soon add four more SEZs with a total investment of Rp 161 trillion. The four new SEZs are located...
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...
Foreign companies investing in Xindu are not required to pay compensation for foreign workers.
President Joko has allowed businessmen to invest in the new capital (IKN) to recruit foreign workers (TKA), a provision that is regulated by Government Regulation No. 29 of 2024, which deals with licensing attempts, ease of doing business, and ease of investing in businesses within IKN...
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...
2025 Indonesia (APBN) State Budget Planning
Article Data Source: ANTARA-Antara News Agency, Joko's 2025 State Budget Speech Translated by Thousand Islands Enterprise Indonesia's President Joko Widodo presented the draft of Indonesia's 2025 State Budget and Expenditure on Friday, August 16,...
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