ASEAN Briefing News

New Regulation Boosts Investment Incentives in Indonesia's New Capital

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Discover how Indonesia's new regulation GR 29/2024 enhances investment incentives in Nusantara with extended land rights, streamlined approvals, expanded authority powers, and new rules on foreign workers.

Regulatory Shifts in Indonesia’s Mining Sector: Empowering Local Stakeholders

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Explore the key changes introduced by Indonesia's Government Regulation 25 of 2024 in the mining sector. This article covers new licensing requirements, downstream policies, and their implications for local stakeholders and the industry.

Indonesia's Record Investment Inflows: Key Highlights from H1 2024

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Indonesia achieved a record-breaking investment inflows in the first half of 2024, driven by significant foreign and domestic interest across key sectors.

Indonesia Launches Golden Visa to Drive Investment

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Indonesia’s Golden Visa offers long-term residency to global investors, skilled professionals, and retirees.

Indonesia Strengthens Pharma Sector with Novo Nordisk Partnership

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Novo Nordisk’s partnership with Bio Farma underscores Indonesia’s expanding role in biopharmaceuticals and local insulin production.

Indonesia Explores Revisions to Enhance Micro Loan Subsidy Program

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Indonesia is considering revisions to its micro loan subsidy program while debating the reinstatement of a COVID-era loan restructuring policy.

Southeast Asia’s First EV Battery Plant Begins Operations in Indonesia

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Indonesia has launched Southeast Asia’s first electric vehicle battery plant, marking a significant milestone in its ambition to become a leading global producer of EV batteries.

Indonesia's Positive Investment List: Sectors Open and Restricted to Foreign Businesses

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Indonesia's Positive Investment List allows 100% foreign investment in over 200 business lines, with several incentives for priority sectors.

Supporting Families: Indonesia's New Law on Maternity and Paternity Leave

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Indonesia's new draft legislation aims to extend maternity leave to six months to combat child stunting and enhance family health.

Income Tax Exemptions on Export Revenues from Indonesian Natural Resources

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Explore Indonesia's GR 22/2024 regulation offering tax exemptions for natural resource exporters.

Indonesia's VAT Rate to Increase in 2025: How Businesses Can Get Ready

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The Indonesian government is expected to impose a 12 percent VAT in 2025, an increase of 1 percentage point from the current VAT rate.

Navigating Indonesia's Housing Savings Program: What You Need to Know

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Indonesia’s government plans to introduce a mandatory public housing savings program (Tapera) for employees in the private sector and those who are self-employed.

China’s Investments in Indonesia: 2024 Outlook

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China's investment in Indonesia spans key sectors like manufacturing, transportation infrastructure, renewable energy, and EVs.

Starlink Launches in Indonesia, Tapping into Booming Internet Market

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SpaceX's Starlink has launched its internet service in Indonesia, aiming to improve internet access to the vast archipelago.

The Guide to Employment Contracts for Foreign Workers in Indonesia

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Applying for an employment permit in Indonesia as a foreigner involves several steps and requirements. We provide a detailed guide.

Insights into Indonesia's Standing in the 2024 Emerging Asia Manufacturing Index

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The Emerging Asia Manufacturing Index 2024 report published by Dezan Shira & Associates provides insights into the factors that influence the manufacturing sector in emerging Asian countries such as Indonesia.

An Introduction to Doing Business in Indonesia 2024 – New Publication from Dezan Shira & Associates

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"An Introduction to Doing Business in Indonesia 2024" is now available for free download. This guide covers market entry, tax, HR & payroll, and audit & compliance considerations for investors and established businesses in the country.

Indonesia Introduces Bridging Visa Policy

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Indonesia has introduced a new ‘bridging visa’ policy which enables foreigners to stay in the country while they are processing their resident permits.

Asia Transfer Pricing Brief: Q1 2024

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In our Asia Transfer Pricing Brief for Q1 2024, we introduce Indonesia's updated transfer pricing guidelines and highlight Singapore and Hong Kong's progress on implementing Pillar Two income inclusion rule and domestic top-up tax rule.

Prabowo Subianto Becomes Indonesian President

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On April 22, 2024, Indonesia’s General Election Commission officially declared Prabowo Subianto and Gibran Rakabuming Raka as the next president and vice president respectively.

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