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[Indonesian News] Indonesia Is Fully Pursuing the Development of Its Indigenous Chip Industry

Indonesia’s Ministry of Industry is steadily advancing the development of the semiconductor industry, with chip design and R&D, as well as talent cultivation, serving as the initial core priorities. By building an integrated semiconductor ecosystem, the ministry aims to bolster key sectors such as electronics, automotive, and energy, thereby reducing reliance on semiconductor imports and ultimately enabling Indonesia to become deeply embedded in the global semiconductor supply chain.

2026-02-10

[Indonesia News] Indonesia to Impose a Minimum 15% Corporate Income Tax on Multinational Enterprises in 2026

Fiscal year 2026 will be the first full year in which Indonesia’s newly appointed Finance Minister, who assumed office in September 2025, implements the country’s tax policy for an entire fiscal year. The overarching policy stance is clear: no new taxes will be introduced, and existing tax rates will remain unchanged. At the same time, the government has set a tax revenue target of IDR 2,357.7 trillion, representing a 7.69% increase from the 2025 target of IDR 2,189.3 trillion.

2026-01-30

[Indonesian News] Indonesian Industrial Parks Become the Core Engine of Economic Growth

The Minister of Industry recently stated that industrial parks have become a crucial platform for attracting investment in capital-intensive and high-tech industries, serving as a key driver of national economic growth.

2026-01-23

[Indonesian News] Indonesia to Implement a Comprehensive Import Ban on 12 Product Categories Starting This Year

A document recently issued by the Ministry of Commerce announced that, effective January 1, 2026, imports of 12 categories of goods will be completely banned. These goods can be grouped into five main categories: certain finished household appliances, used clothing, specific grains and food ingredients, certain pharmaceutical raw materials, and polluting and high-risk products. This ban is not merely a wholesale import restriction; rather, it presents Chinese enterprises with an opportunity to restructure and upgrade their operations.

2026-01-15

[Indonesian News] Indonesia Has Raised Its 2026 National Investment Target to IDR 2,175 Trillion

The Minister of Investment and Downstream Industries, who also serves as Chairman of the Investment Coordinating Board, expressed optimism that Indonesia’s total investment realization in 2025 is on track to reach IDR 1,905 trillion, thereby smoothly achieving the government’s target.

2026-01-09

Open Development! Guangxi State-Controlled Construction Undertakes the China–Indonesia Economic and Trade Cooperation Zone, Building a New Hub for Belt and Road Capacity Cooperation

On the pivotal occasion of the 75th anniversary of the establishment of diplomatic relations between China and Indonesia and as high-quality joint efforts to advance the Belt and Road Initiative enter a new phase, the China–Indonesia Economic and Trade Cooperation Zone—China’s first national-level comprehensive industrial park in Indonesia, constructed by Guangxi Guokong and operated by China–Indonesia Economic and Trade Cooperation Zone Co., Ltd.—has emerged as a new hub for linking the industrial and supply chains of the two countries, thanks to concrete measures and tangible results.

2026-01-04

[Indonesian News] Industry-Government Collaboration Drives Transformation of Industrial Parks

The Indonesian Industrial Parks Association (HKI), in collaboration with the National Development Planning Agency (Bappenas), is driving the transformation of industrial parks to meet economic, geopolitical, technological, and sustainable development needs. The focus is on strengthening policy planning and prioritizing the implementation of key industrial parks to support the 2025–2029 Medium-Term National Development Plan (RPJMN) and industry-park–based National Strategic Projects (PSN). These efforts aim to enhance monitoring, reduce permitting bottlenecks, expedite consultations, and provide data-driven support for decision-making.

2025-12-16

[Indonesian News] Government Launches 55 Infrastructure Projects for the Private Sector

The Ministry of Public Works (PU) plans to launch 55 infrastructure projects under the Government–Private Partnership (KPBU/PPP) model, aiming to raise IDR 651.46 trillion in financing to cover 34.19% of the USD 117.18 billion infrastructure funding gap identified in the 2025–2029 National Medium-Term Development Plan.

2025-11-03

List of Goods and Services Exempt from 12% VAT in Indonesia Released

Indonesia—The value-added tax (VAT) currently stands at 11% and will be increased to 12% starting next year. This is in accordance with the provisions of Law No. 7 of 2021 on the Harmonization of Tax Regulations (HPP).

2024-11-20

List of Goods Exempt from Import Duties or Value-Added Tax Starting Next Year

The Minister of Finance has exempted certain imported goods from import duties and/or value-added tax (VAT), including aircraft spare parts, scientific and technical books, coffins, and other packages containing human remains or cremated ashes. This policy is stipulated in Article 219 of Ministerial Regulation (PMK) No. 81 of 2024 on Tax Provisions for the Implementation of the Core Tax Administration System, which has been applicable since January 1, 2025.

2024-11-20

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China–Indonesia Economic and Trade Cooperation Zone

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