Indonesia's Ramadan 2026 start date finalized
As the Muslim population is about to celebrate the ninth month of the holy month of Ramadan in the Islamic calendar, the start of Ramadan in 2026 is once again in the public spotlight. The Ministry of Religious Affairs, through the Indonesian Hijri Calendar 2026, has made a prediction that the 1447 Islamic calendar...
Indonesia Becomes Preferred Overseas Investment Location for Chinese Enterprises
With the world's largest nickel reserves, rejuvenated labor resources, and continuously optimized investment policies, Indonesia has become the preferred destination for overseas industrial and energy investments by Chinese companies. Data from China's General Administration of Customs shows that in 2025...
Chinese-funded petrochemical company moves into Indonesia's special economic zone
Pertamina Gas Indonesia (PGAS) Sales Operation Area 3 has confirmed that a new Chinese investor has confirmed its presence in the Gresk Special Economic Zone (JIIPE) in East Java. The investor, after in-depth discussions with the Central Java and Batam Industrial Zone...
Eight Tax Policies for Indonesia in FY2026
FY2026 is the first full year of tax policy implementation since the finance minister took office in September 2025, and he made it clear that no new taxes will be introduced or rates raised in 2026, although the tax revenue target was set at 2,357.7 trillion dongs, compared to 2025...
Indonesian government to overhaul mining, oil and gas sector
The Minister of Energy and Mineral Resources has stressed that stringent measures will be taken against problematic mining operating license (IUP) holders, including companies that have failed to meet their obligations to the state, as a demonstration of the government's commitment to overhauling the nation's mining governance and making the mining industry...
Foreign exchange for natural resource exports is required to be deposited in Indonesian state-owned banks for one year.
The Finance Minister has confirmed that the revised edition of the Foreign Exchange Management of Export Earnings Regulations (DHE) comes into force on January 1, 2026. This means that natural resource (SDA) exporters will have to deposit foreign exchange funds with the state-owned banking group (Himbara...
Indonesia bans imports of table sugar this year
The Indonesian government has clarified that the import of table sugar will be stopped in 2026 and only raw sugar for industrial use will be allowed to be imported, and this policy has been included in the Food Commodity Balance Sheet 2026. The Deputy Directorate of Food Circulation and Distribution Coordination of the Ministry of Marine and Investment Coordination...
Indonesia plans to produce one million barrels of crude oil per day by 2030
Indonesia has set a crude oil and natural gas extraction target of 610,000 barrels per day (bpd) in the 2026 state revenue and expenditure budget, up from the 605,000 bpd extraction target set in the 2025 budget. The government also put forward a long-term plan to ...
Indonesia plans to cut coal-nickel output next year to stabilize prices
Indonesia plans to cut production of coal and nickel in 2026, a move aimed at balancing the supply and demand of these two types of minerals in the international market and thus stabilizing commodity prices. The Minister of Energy and Mineral Resources explained that the current coal and nickel bulk...
List of Provincial Minimum Wages in Indonesia 2026
Provinces in Indonesia have finalized the Provincial Minimum Wage (UMP) for 2026, which serves as the minimum reference for companies and workers to account for their salaries. As of December 25, 2025, 36 provinces have announced the specific standard through a decision letter from the governor...