Shopkeeper Says: How to Import and Operate Compliantly in Indonesia
How to do business in Indonesia and import compliantly? Shopkeeper Wang shares three points with you: First, do market research. In the second half of the Indonesian market, the model of purely exploiting information gaps and reselling goods is no longer viable. It is essential to base your efforts on your accumulated industry experience, product experience, or manufacturing experience, and conduct in-depth research on the Indonesian market to achieve refined product selection. Don't ask what is profitable in the Indonesian market and blindly follow trends. Instead, based on what industry or product you are good at, determine your market positioning and business model. Basically, in the Indonesian market, To B products are easier to handle than To C products, and the opportunity for branding is greater than for white-label products.
Differences Between Central and Local Taxes in Indonesia
Food and Beverage Industry Hit by Mass Layoffs Due to Indonesian Health Regulations
Wuling Right-Hand Drive Vehicle Exports Nearing 5,500 Units
Tax Authority Emphasizes Necessity of Tightening Bank Account Restrictions
Indonesia Plans to Add Four New Special Economic Zones
Establishing special economic zones (SEZs) is an important measure for Indonesia's economic development. The Acting Secretary of the Indonesian SEZ Council recently stated that Indonesia will soon add four new SEZs with a total investment of IDR 161 trillion. The four new SEZs are located in four provinces, with two SEZs in Batam, Riau Islands Province focusing on logistics, energy development, and health tourism; the South Tangerang SEZ in Banten Province focusing on digital economy, education, health, and creative industries; and the Morowali SEZ in Central Sulawesi Province engaging in logistics and energy production and processing industries. The
China Becomes Main Source of Imported Clothing for Indonesia
The Central Statistics Agency (BPS) noted that in July 2024, the value of clothing imports increased, especially from China. Imports of knitted garments and accessories (HS 61) grew by 55.46% month-on-month. Meanwhile, non-knitted garments and accessories (HS 62) rose by 29.91%. HS 61 mainly came from China, Vietnam, Bangladesh, Turkey, and Italy. Similarly, most HS 62 imports came from China, followed by Bangladesh, Vietnam, Hong Kong, and Morocco. Meanwhile, the value of footwear imports from China increased year-on-year
Foreign Enterprises Investing in New Capital Exempt from Compensation for Foreign Workers
President Joko Widodo allows businessmen to invest in the new capital (IKN) to recruit foreign workers (TKA). This regulation is governed by Government Regulation No. 29 of 2024 concerning changes in licensing attempts, business convenience, and investment facilities for enterprises within IKN. The PP requires foreign workers in IKN to be accompanied by local workers. According to Article 22 paragraph (2) of the PP, the work period for TKA is valid for 10 years and can be extended. A labor observer from the University of Indonesia stated that this regulation is the government's effort to attract investment to IKN.
Indonesia Cracks Down on Illegal Imports, Three Operations Seize Rp100 Billion in Goods
On August 19, Indonesia's Trade Minister told the media that the special task force for combating illegal imports seized illegal imported goods worth Rp20.2 billion (approx. RMB 10 million) in its third operation. Seized illegal goods include electric drills, angle grinders, mobile phones and tablets, electric pressure cookers, car washers, cables, tires, downstream plastic products, textiles, and alcoholic beverages. The seized goods lacked complete import documents such as inspection reports (LS), product registration numbers (NPB), and Indonesian National Standards (SNI), as well as after-sales service. The task force destroyed these illegal goods on-site using heavy equipment.
2025 Indonesia (APBN) National Budget Plan
Article data source: ANTARA News Agency, Jokowi's 2025 State Budget Speech. Translated by: Qiandao Enterprise Services. Indonesian President Joko Widodo submitted the 2025 Draft State Budget and Expenditure on Friday, August 16. This budget aims to support the new government for 2024-2029 and remind them of the risks that global economic turmoil may pose to Indonesia. According to budget data from the Indonesian Presidential Secretariat, the government budget includes two main parts: revenue and expenditure:
Indonesian Property Tycoon Very Optimistic After Seeing New Capital Development
Real estate giant Sugianto Kusuma, owner of Agung Sedayu Group and developer of PIK area, is optimistic about the success of Indonesia's new capital (IKN). He expressed this after witnessing IKN's development firsthand while attending the 79th Independence Day ceremony. Also known as Aguan, he came to the new capital with other members of the Nusantara Consortium and was amazed by IKN's buildings. After seeing it firsthand, he was optimistic that IKN would definitely succeed. Aguan's Agun
China Remains Main Source of Indonesia's Garment Imports
The Central Statistics Agency (BPS) acknowledged that the import value of garments under HS codes 61 and 62 increased by 55.46% and 29.61% month-on-month (mtm). By country of origin, HS 61 goods, consisting of knitted garments and accessories, come from China, Bangladesh, Turkey, and Italy. Meanwhile, HS 62 goods, comprising non-knitted garments and accessories, come mostly from China, Bangladesh, Vietnam, Hong Kong, and Morocco. In fact, imports of ready-made garments have increased, particularly HS 61 knitted garments and accessories and HS 62