Policy Information
Foreign companies investing in Xindu are not required to pay compensation for foreign workers.
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...
2025 Indonesia (APBN) State Budget Planning
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,...
Joko approves four brand new special economic zones in Indonesia
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),...
Indonesia's Trade Minister Says Illegal Imports Task Force Not Targeting Ordinary Businesses
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 says working group focuses on large wholesalers and importers
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....
Indonesia's policy to crack down on illegal imports will last at least a year
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 ...
Indonesia to rectify illegal imports for half a year, says PDA
Heavy, July 19, Indonesia Minister Hassan announced the official establishment of the rectification of illegal imports of goods task force, effective since July 18, lasted until December 31, 2024, it seems that the rectification action will last almost half a year, so that many do...
Indonesia's new national capital has land operating rights of up to 190 years
Indonesia's Minister of Trade (Mendag) hopes that the two-cycle, 190-year license for the right to use the operating right (HGU) of the new national capital (IKN), which has already been signed by President Joko, will make potential investors more willing to invest, and that many investors are interested in...
Guide to Foreign Investment Cooperation - Indonesia 2023 Edition
Before you prepare to invest and cooperate in The Republic of Indonesia (hereinafter referred to as "Indonesia"), you need to understand the political, economic and socio-cultural environment of Indonesia, the local foreign trade...
Indonesia denies imposing 200% import tariffs on China
[Antara news agency] The Indonesian government has denied allegations of 200 percent import tariffs targeting China. Indonesia's Finance Ministry said the government's import tariff policy does not target any particular country, but is based on the type of goods and...
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