Policy Information

President Joko has officially lifted restrictions on the export of sea sand, even though such exports have been banned since 20 years ago. The sea sand export policy has been in place since the Minister of Trade issued a revised version of two new regulations as No. 26 of 2023 on the management of marine sediments...

The Energy and Mineral Resources Department (ESDM) has reduced the 2025 fuel oil or subsidized BBM quota after the government set a subsidized BBM quota of 19.58 million kiloliters in the 2024 national income and expenditure budget (APBN). But next year's quota ...

As most Indonesians know, tax is a mandatory contribution that is paid annually to the government through the Directorate General of Taxation (DJP). However, there are basically two different types of legal levies, central and local taxes, which also have their own base...

The establishment of Special Economic Zones (SEZs) is an important initiative for Indonesia's economic development. The Acting Secretary General of the Indonesian Special Economic Zones Commission (SEZC) recently stated that Indonesia will soon add four more SEZs with a total investment of Rp 161 trillion. The four new SEZs are located...

President Joko has allowed businessmen to invest in the new capital (IKN) to recruit foreign workers (TKA), a provision that is regulated by Government Regulation No. 29 of 2024, which deals with licensing attempts, ease of doing business, and ease of investing in businesses within IKN...

Article Data Source: ANTARA-Antara News Agency, Joko's 2025 State Budget Speech Translated by Thousand Islands Enterprise Indonesia's President Joko Widodo presented the draft of Indonesia's 2025 State Budget and Expenditure on Friday, August 16,...

Four new Special Economic Zones (KEKs) proposed by business people this year have been approved by President Joko, namely Edutek Medika Internasional Banten in Bumi Serpong Damai (BSD),...

The Minister of Trade (Mendag) confirmed that the regulatory focus of the Working Group on the Regulation of Illegally Imported Goods (Satgas), which applies to import trade procedures, is on importers and/or distributors of illegal goods and is not aimed at retailers or traders in shopping centers. However...

Trade Minister (Mendag) said the task force (Satgas) that regulates illegal imports has not targeted retailers for processing and they will focus on monitoring the activities of importers, distributors or wholesalers of seven regulated commodities....

The Director General of Consumer Protection and Orderly Business (PKTN) at the Ministry of Trade (Kemendag) said the task force to monitor illegal imports would be valid for one year, and that the government could extend the work period and also add more products if necessary. The ...