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...
Indonesia's Largest Battery Anode Material Plant Comes Onstream
On August 7, 2024, the annual output of 80,000 tons of lithium battery anode material integration project invested and constructed by Betray in Indonesia, held a commissioning ceremony at Kendall Park in the Central Java Industrial Belt, with Indonesian President Joko leading five cabinet ministers to personally work for the...
Indonesian government plans to tax processed foods for health reasons
President Joko's government has enacted new health-related regulations, one of which is an excise tax on processed foods, including ready-to-eat processed foods. The provision is contained in Government Regulation No. 28 of 2024 No. 17 of 2023 on the Implementation of the Health Law...
Palm said: Indonesia Central Java industrial zone which parks
Java is the center of Indonesia's manufacturing industry, and Indonesia's Central Java Industrial Belt is one of the three industrial belts on the island of Java, the emerging vibrant industrial belt, the cost of land and labor costs are very competitive, the cost of land is about 50-100 US...
Indonesian government decides to suspend construction of new nickel smelting plant
The government has decided to stop the construction of new nickel refining facilities or smelters producing low value-added products, namely rotary kiln electric furnace (RKEF) smelters producing nickel pig iron (NPI). The Minister of Energy and Mineral Resources said at the Jakarta Petroleum and Natural...
Indonesia's SME Minister Calls for Preventing Inflow of Illegal Imports
The Minister of Cooperatives and Small and Medium Enterprises (MenKopUKM) has asked the Ministry of Trade (Kemendag) to further tighten control over the flow of imported goods, especially finished products or consumer goods, in order to protect local products from the onslaught of imported goods. The government is pushing...
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 ...
Starting September 1, Shopee will implement a new management fee for sellers
Shopee e-commerce platform will implement a new policy for product categories and management fees starting September 1, 2024, and this update applies to sellers in non-Star, Star and Star+ categories. In this new policy, Shopee will apply four new product...
Joko approves four brand new special economic zones in Indonesia
Four new Special Economic Zones (KEKs) proposed by business people this year have been approved by President Joko, namely Edutek Medika Internasional Banten in Bumi Serpong Damai (BSD),...
Why Indonesia is the first choice for beauty to go overseas?
Indonesia, which has the highest total GDP in ASEAN, is becoming a key market for Chinese beauty to go overseas. Data from the General Administration of Customs shows that in terms of yuan, China's trade in goods import and export value totaled 21.17 trillion yuan in the first half of this year, up 6.1%...
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