Policy Information

The Coordinating Ministry for Community Empowerment (CMCE) is set to form an Import Working Group with the objective of monitoring incoming goods to prevent them from interfering with Micro, Small and Medium Enterprises (MSMEs). The Coordinating Minister said the working group is being formed to monitor and make recommendations to the President on regulatory reforms to deal with the high volume of imports that are damaging domestic livelihoods...

Recently, Indonesia announced that the minimum salary rate (UMP) in 38 provinces across the country will be increased by a uniform 6.51 TP3T from 2025.The core objective of this adjustment is to adapt to the continued socio-economic development and to mitigate inflation and living...

Indonesia's Minister of Investment and Downstream, among others, said that investment is the key to economic growth and that the government prioritizes increasing the flow of high-quality investment, with President Prabowo targeting economic growth of 8%.Currently Indonesia's economic growth is driven by domestic consumption (contributing 53-...

Indonesia has officially implemented the updated non-taxable state revenue (PNBP) regulation, which revises the fees for immigration services such as visa applications, residence permits and passport issuance, with a general increase of Rp 1 million in taxes for business visas in categories C and D (...

December 12, Indonesia Investment Service Center and China and India dual-park Baiyun Airport consulting station in Guangzhou Baiyun International Airport T2 unveiled and opened, which is also the first "Belt and Road" countries Baiyun International Airport consulting station, will be for the China-India economic...

Indonesia's core tax management system will be officially operational by January 2025. According to the Director General of Taxation of the Ministry of Finance, the implementation of the system is expected to raise the tax rate from about 10% to 12% in the next five years, which is expected to drive better economic growth. The current tax ...

The Minister of Finance exempts certain imported goods from import duties and/or value added tax (VAT), which include aircraft spare parts, scientific and technical books, caskets or other parcels containing corpses or ashes. The Minister of Finance Regulations (PMK) 2024 No....

It seems that Indonesian consumers will need to be more patient waiting for Apple's latest iPhone 16 smartphone, which is not only not authorized for sale, but there is also the threat of blocking the IMEI. The Ministry of Industry is preparing to block the iPhone 16 from going on the...

President Prabowo, together with Chinese state leaders, witnessed the signing of seven cooperation agreements between Indonesia and China. Quoting the Presidential Secretariat, the ceremony of signing the cooperation agreements was held on Saturday (November 9, 2024) at the Great Hall of the People in a...

In order to strengthen downstream industry development, the Ministry of Industry (Kemenperin) continues to enhance downstream optimization and improve the competitiveness of the country's copper and tin industry. In addition, the copper and tin sectors are supporting downstream automotive, electronics, electrical equipment and renewable energy...