Indonesia Finalizes Blueprint for 100 GW Solar Power in Ten Years
Indonesian President Prabowo has proposed a national energy self-sufficiency vision, leveraging the 'Eight Priority Programs' to vigorously promote green economic development and expand renewable energy applications, with solar photovoltaic as the core breakthrough. The goal is to build 100 GW of solar power plants over the next decade, completely reshaping the national power energy security system. If the plan is successfully implemented, Indonesia's global solar energy utilization ranking will jump from the current 69th to fourth place. Based on the current foundation, there remains a huge gap in Indonesia's renewable energy development: as of 2025, the total national renewable energy installed capacity is only 15.63 GW, of which solar PV installed capacity is
Indonesia Accelerates Electrification: Domestic Motorcycles to Go Fully Electric, Fuel Motorcycles for Export
Indonesia Simplifies Export Approval Process for Tin, Oil & Gas, and Coal
Indonesia Accelerates Approval of 2026 Nickel Mining Plans
Multiple New Nickel Industry Policies to Be Implemented in Indonesia This Year
Indonesia Plans Nickel Export Tax, Causing Nickel Prices to Surge
After the world's largest nickel producer Indonesia officially approved a tax on battery metal exports, international nickel prices surged sharply. On Wednesday, March 25, 2026, nickel futures on the London Metal Exchange (LME) rose as much as 2.7% and closed up 2.1% at $17,310 per ton. The Finance Minister confirmed that President Prabowo has approved export tariffs on coal and nickel, with specific rates still under in-depth discussion. Indonesia introduced this policy primarily due to national fiscal pressure. As a net importer of crude oil and refined products, Indonesia has been affected by conflicts involving Iran, the United States, and Israel
Late Annual Tax Filing in Indonesia Will Face Penalties
March 2026 has arrived, and taxpayers holding Indonesian Tax Identification Numbers (NPWP) are required to fulfill their annual tax return (SPT Tahunan) obligations. The Indonesian Directorate General of Taxes (DJP) has opened the filing channel since the beginning of the year, but there are clear deadlines for filing, and late submissions will face penalties. For the 2025 tax year and 2026 filing, the tax authority has set different deadlines based on taxpayer type: the deadline for individual taxpayers is March 31, 2026, while for corporate taxpayers, it is relatively more relaxed, April 30, 2026. The official recommendation is to file as early as possible
Bank Indonesia Promotes Bilateral Local Currency Settlement Cooperation
The Director of Bank Indonesia's Beijing Representative Office recently actively promoted the China-Indonesia Local Currency Settlement Framework (LCT) at the "Indonesia-China Business Dialogue" event held in Changsha, Hunan Province, China, emphasizing the importance of efficient cross-border financial transactions for the international expansion of enterprises. The event was jointly organized by the Indonesian Embassy in China and the Indonesia Investment Promotion Center (IIPC) Beijing Office, with about 200 Indonesian and Chinese entrepreneurs attending. During the process of international expansion, enterprises often overlook the key factor of cross-border financial transaction efficiency. Efficient financial systems can help enterprises reduce costs, manage risks
Indonesia's QR Code Payment to Launch in China by End of March
Bank Indonesia has announced that the cross-border payment project using the Indonesian Standard QR Code (QRIS) will officially launch between the end of March and early April 2026, with the first partner countries being China and South Korea. A deputy governor of Bank Indonesia stated that Indonesia has completed technical tests and sandbox verifications with the relevant regulatory authorities of both China and South Korea. The pilot test with China was completed at the end of January, and the test with South Korea ended in late February, with system security and smoothness meeting standards, pending official launch. In January 2026, QRIS transactions in Indonesia grew 131.4% year-on-year, maintaining rapid growth.
Indonesia Plans to Provide Free Land for Investors in Batang
Indonesia's state-owned enterprise regulatory agency is studying a bold policy of providing free land to potential investors, aiming to enhance Indonesia's regional competitiveness and stimulate both domestic and foreign investment. This strategy is directly instructed by President Prabowo, with the goal of ushering Indonesia into a new era of industrialization, making industry the engine of national economic growth. The head of Indonesia's state-owned enterprise regulatory agency and COO of Danantara stated that they will completely transform the business model of Indonesia's industrial estates, drawing on successful experiences from neighboring countries to make special economic zones and industrial estates more attractive. Previously, Indonesia's estates relied on land sales as
Indonesia Plans to Restrict Imports of Ten Categories of Chinese Goods
The Minister of Cooperatives and SMEs recently claimed that Chinese imported goods are a 'terrible ghost' for the development of Indonesian MSMEs. He stated in a parliamentary hearing that if the domestic market continues to be flooded with cheap imported goods, various government support and intervention policies will become ineffective; and the practice of under-invoicing and selling unbranded white-label products under local brands after entry further squeezes the living space of local MSMEs. He cited examples such as underwear, headscarves, and batik cloth, which Indonesia can locally produce, but the production costs of local MSMEs are on par with the selling prices of Chinese imported goods, leading to a severe lack of competitiveness.
Indonesia to Gradually Stop Importing Diesel and Other Oil Products
The Minister of Energy and Mineral Resources announced that the government will gradually stop importing diesel, non-subsidized gasoline, and aviation kerosene. The plan was unveiled on January 22, 2026, during a working meeting with the Indonesian House of Representatives' Commission XII. The import cessation will be carried out by category and in phases, relying primarily on Pertamina's refining capacity expansion and the mandatory biodiesel program. The first step is halting diesel imports, with C48 diesel imports ceasing directly from 2026. Currently, Indonesia's annual diesel consumption is approximately 38 million to 39