Policy Information

Indonesia simplifies import duties on eight categories of goods

The Indonesian government has simplified import tariffs for specific eight categories of goods, which are currently simplified to 0%, 15% and 25%. The head of the Import Division of the Technical Department of the Customs Directorate General of the Ministry of Finance said that the importation of goods with a value of more than US$3 to US$1,500...

Luhut asks government to closely monitor Chinese goods

Indonesia must protect its textile industry from the influx of Chinese exports while continuing to attract investment and create jobs, said Luhut, chairman of the National Economic Council. Despite facing increased layoffs and global challenges, the textile industry...

Indonesia Extends Import Safeguard Levy on Ceramic Floor Tiles

The Finance Minister has decided to continue the import safeguard duty (BMTP) on imported ceramic floor tile products for a period of two years. This policy was introduced in view of reports that the domestic industry has suffered severely due to increased imports of ceramic floor tile products...

Indonesian government forms downstream industry task force

The Ministry of Energy and Mineral Resources (MEMR) said the Downstream Industry Task Force will offer 35 projects worth US$123.8 billion (2.005 trillion dong) to investors, which the deputy minister described as a way to accelerate the development of the downstream industry to achieve domestic energy security...

Indonesian government prepares thirty-five downstream projects for investors

The Ministry of Energy and Mineral Resources (MEMR) said the government is preparing 35 downstream industry projects worth US$123.8 billion (about 2.015 trillion dong). The deputy minister said according to the coordination meeting of the National Working Group on Acceleration of Energy Downstream Industry and Energy Security,...

Indonesian government controls foreign exchange, what is the impact?

On February 17th, Indonesian President Prabowo issued Presidential Decree No. 8 of 2025 announcing the Foreign Exchange Control Policy for Natural Resource Exports (DHE SDA). From March 1, 2025, exporters in the mining, plantation, forestry and fishery sectors are required to transfer 1...

Exporters to deposit full amount of foreign exchange with Bank Indonesia from next month

President Prabowo has announced strategic policies to strengthen the country's economic resilience by making it mandatory to store foreign exchange earnings from natural resource exports (DHE SDA) in the country. Mining (except oil and gas), plantations, forestry and fisheries...

Indonesia plans to develop nuclear energy in a big way

Indonesia will build nuclear power plants with a total capacity of up to 4.3 gigawatts (GW), the president's special envoy for climate and energy affairs said, as part of the government's energy transition strategy.The plants to be built will be Small Modular Reactor (SMR) floating power plants...

Multi-agency Indonesian government conducts joint warehouse checks ahead of Ramadan

Seven Indonesian departments have reportedly been conducting joint warehouse checks in Jakarta, Tanggelang and surrounding areas since February 11, which is expected to last two weeks. The operation involves multiple areas with high compliance requirements and strong penalties, and some sellers believe the intensity exceeds that of last year's 7...

China and India renew 400 billion yuan bilateral local currency swap agreement

The People's Bank of China (PBOC) and the Central Bank of Indonesia (CBI) have recently renewed their bilateral local currency swap agreement, with a swap size of 400 billion yuan / 878 trillion rupiah, valid for five years, and can be extended by mutual consent. The People's Bank of China said that the two sides...
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