ASEAN Briefing News

Indonesia Requires Exporters to Retain Earnings Onshore: Key Insights for Investors

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Indonesia now mandates exporters to keep 100% of their foreign exchange earnings onshore for a year, impacting businesses and investors.

Religious Holiday Allowances in Indonesia: Obligations for Businesses

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With the upcoming Eid-al Fitr holiday in Indonesia, businesses must pay the religious holiday allowance, also known as Tunjangan Hari Raya (THR).

US Tariffs on Canada: A New Opportunity for Wheat Exports to Indonesia?

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Recent US tariffs on Canada could create new trade dynamics, making Indonesia a promising market for Canadian wheat exporters.

Vietnam, Indonesia Upgrade Ties to Comprehensive Strategic Partnership: Prospects of Future Economic Collaborations

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Vietnam and Indonesia have upgraded their bilateral relations to a Comprehensive Strategic Partnership, marking the 70th anniversary of diplomatic relations with a tightened collaboration for the future. Beyond enhancing the two-way cooperation, the agreement is expected to contribute to the development and prosperity of ASEAN.

Hiring in Indonesia Without a Local Entity: Challenges and Solutions

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Hiring in Indonesia without a local entity? Learn about legal challenges, compliance risks, and how PEOs simplify the process.

Indonesia Officially Launches New Sovereign Wealth Fund Danantara

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Indonesia unveils Danantara, a sovereign wealth fund with US$900 billion AUM, set to restructure SOEs and drive economic growth.

Investing in Indonesia’s Halal Economy

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Discover investment opportunities in Indonesia’s booming Halal market, from food and fashion to tourism.

Indonesia’s Mining Law Amendments: Boosting the Domestic Mineral Market

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Indonesia has updated its Mining Law to boost domestic mineral use, support SMEs, and attract green industry investments.

Danantara: Indonesia’s New Sovereign Wealth Fund

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Danantara, Indonesia’s new sovereign wealth fund, aims to restructure SOEs, attract global investment, and expand assets its to US$982B by 2029.

Indonesia's Minimum Wage Rates for 2025

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Indonesia's minimum wage for 2025 has increased, impacting labor costs. Businesses should review payroll strategies and compliance to stay competitive.

Indonesia’s Commodity Exporters Face Onshore Proceeds Mandate

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Discover how Indonesia's new export proceeds retention policy will impact resource exporters and boost foreign exchange reserves by US$90 billion annually.

ESG Sukuk to Cross US$50 Billion in 2025, Key Funding Tool in Emerging Markets

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ESG sukuk is a key dollar funding tool in Islamic finance markets, particularly in Saudi Arabia, the UAE, Indonesia, and Malaysia. Fitch Ratings projects the global sukuk market to surpass US$50 billion outstanding in 2025.

Indonesia’s Coretax System: Transforming Tax Administration in 2025

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Learn about Indonesia's Core Tax Administration System (Coretax), its benefits, key objectives, and how businesses can prepare for this major change in 2025.

Indonesia and Japan Sign Bilateral Agreement for Carbon Trading

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Discover how Indonesia and Japan's new carbon trading agreement fosters sustainability and global climate goals through IDXCarbon.

Indonesia’s 12% VAT Increase: What Businesses Need to Know and Prepare For

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Businesses must adjust strategies to manage the impacts of Indonesia’s VAT increase to 12% while ensuring compliance and efficiency.

Indonesia Joins BRICS: Unlocking New Economic Opportunities

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Discover why Indonesia joined BRICS and how this membership opens new trade opportunities, strengthens global partnerships, and supports Indonesia’s economic growth goals.

Indonesia and Canada Strengthen Economic Ties with Comprehensive Economic Partnership Agreement

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Explore how the Indonesia-Canada CEPA enhances trade, fosters investment, and unlocks opportunities for businesses in both nations.

Why BYD, GAC Aion, and Citroen are Betting Big on Indonesia’s EV Market

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Learn why BYD, GAC Aion, and Citroen are investing in Indonesia's EV market, driven by tax incentives and the country’s rich nickel reserves.

Navigating Data Protection Laws in ASEAN-6: A Guide for Foreign Investors

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Comply with data protection laws in ASEAN-6 markets—Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. Key insights for investors.

Indonesia's Overhauled Patent Law: A Guide

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Explore Indonesia's amended Patent Law 2024: simplified administration, enhanced licensing, reporting requirements, and investor insights.

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