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Regulations for foreign nationals owning property in Indonesia

Indonesia, a country of archipelagos, has certainly become a target for investment in many aspects of the world, and one of the interesting investments is real estate investment. Basically Indonesia's property law restricts the ownership of property to foreign nationals (WNA) and then...

Palmers say: U.S. tariff hikes, manufacturing seeks breakthrough in Southeast Asia by going overseas

On September 13th, the Office of the U.S. Trade Representative (USTR) issued its final decision regarding the imposition of 301 tariffs on China, which continues to impose tariffs on Chinese products and has caused great concern in the Chinese industry, including the following: - A levy of 1 percent on Chinese imports of electric vehicles...

BYD stands out, enters top 10 in Indonesian car sales

BYD, in the top 10 of the Indonesian market? Yes, that's right, in August 2024, with 76,000 units of car sales in Indonesia, Chinese brand BYD killed off the Indonesian market surrounded by Japanese cars, with 2,940 units of new energy vehicle sales, among the...

GAC EAN Electric Vehicle Arrives at Indonesian Port

A large number of Chinese cars have recently entered the Indonesian market, with many new brands from the country competing to sell their products, including battery-based electric, hybrid or internal combustion vehicles. The latest is the Guangzhou Automobile Aion Y Plus, a car from China...

Kinko's invests 4.6 trillion rupiah in data centers

Sinar Mas and Korea Investment Real Asset Management (KIRAM) are working together to build a data center in Indonesia in a joint venture, with the project...

Chinese Contractors Participate in Bali Urban Light Rail Project

China Railway Construction Corporation (CRCC), the contractor for Bali's urban light rail metro, is also involved in the construction of the Yavan high-speed rail project, said the chairman of PT Sarana Bali Dwipa Jaya (SBDJ), which has appointed PT Indotek as...

Indonesia hopes to cooperate with China to develop downstream coal industry

The Indonesian government has proposed to China to develop and increase the value-added of coal (PNT) through a program that President Joko is proud of, that is, to move downstream in the form of other products, such as coal quality improvement (coal upgrading), coal briquetting, refining...

Tokopedia Increases Merchant Service Fees by 101 TP3T Effective September 16

Effective September 16, 2024, Tokopedia will increase merchant service fees by up to 10%, this adjustment applies to Power Merchant and Power Merchant PRO sellers (by product category sold). The service fee is based on each already...
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