Indonesia expected to achieve economic growth of 5.2% in Q1
The Coordinating Minister for Economic Affairs is optimistic that Indonesia's economic growth will exceed 51 TP3T in the first quarter of 2024, stating that Indonesia's economic target for 2024 is to grow by 5.21 TP3T. the target for this year so far is 5.21 TP3T, and of course the government hopes to...
Indonesia's VAT rise to 121 TP3T not set for next year for now
The government will discuss its policy plan to raise the value added tax (VAT) by 121 TP3T, and it has not yet been decided whether the policy will be implemented in 2025. On Wednesday (April 23, 2024), the Coordinating Minister for the Economy said that only if the national budget APB...
Indonesia's industry wants next government to boost steel industry
The Central Executive Committee of the Indonesian Young Entrepreneurs Association (BPP HIPMI) has revealed the issues that the government under President Prabowo Subianto 2024-2029 must address. The Constitutional Court (MK) has just decided to reject the a...
Tokopedia Management Fees Officially Increase as of May 1
Effective May 1, 2024, Tokopedia will increase the service or management fees charged to partner merchants.After Tokopedia increases the service or e-commerce management fees for seller partners, SME merchants will need to re-bill...
China plans to import Rp 129.6 trillion durian from Indonesia
China is one of the world's largest importers of durian fruit, said Coordinating Minister for Maritime Affairs and Investment Luhut, adding that China imports durians to the tune of $8 billion a year, or about Rp 129.6 trillion. As China imports a large amount of durian, this is for Indonesia...
Chinese firms invest 143.5 trillion rupiah to build nickel smelter
ValeIndonesia/INCO has disclosed the amount of money the company needs to invest in the construction of three smelters or nickel ore refining and processing facilities, with a total investment of about $8.6 billion to $9 billion, equivalent to 1.435 million...
How Indonesia's policy of strongly restricting imports of electronic products is interpreted
March 10th, Indonesia 36 new trade regulations came into force at the same time, the Indonesian Ministry of Industry specifically introduced a new regulation 6, restricting the import of electronic products, the specific situation is how? Mr. Wang gave us a detailed explanation: First, the Indonesian Ministry of Industry...
NVIDIA plans to invest $200 million in Indonesia to create an artificial intelligence center
Recently, NVIDIA announced an ambitious plan and decided to spend $200 million to build a state-of-the-art artificial intelligence center in Indonesia, a strategy that signals the company's deep expansion in the Southeast Asian market. In order to implement this plan...
GAC EAN Electric Vehicle Brand Enters Indonesian Market
PT Indomobil Sukses Internasional Tbk (Indomobil) has once again shaken up the Indonesian electric vehicle market, now partnering with GAC EAN after introducing Citroen, Great Wall Motor, and Yadi. The company is China's...
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