Policy Information

October 20, will be the moment to witness history, Indonesia ushered in the presidential change, from 2014 to 2024, 10 years in office, the veteran leader Joko is stepping down, Prabowo will succeed the new president from 2024-2029, this presidential inauguration has...

The Minister of Industry (Permenperin) has issued a new regulation on the implementation of mandatory Indonesian National Standards (SNI) for 16 industrial products, aiming to provide quality assurance to the public. The regulation included in the Minister of Industrial Regulation (Permenperin) program regulates the...

One of the accomplishments of the Joko administration has been the downstream mining sector, a program that has become the backbone of Indonesia and has succeeded in increasing the value added from raw mining production to mature commodities. It is understandable, therefore, that Indonesia ultimately benefited from this downstream program...

The government plans to increase the use of electric cars at increasingly affordable prices, compared to fuel-burning vehicles (BBMs), which will be limited by the cessation of sales of these conventional cars. The Ministry of Maritime and Investment Coordination (Kemenko Marves) said it is...

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,...