Other Briefings
ASEAN’s Emerging Manufacturing Destinations: Indonesia
ASEAN manufacturers can be divided into those that have invested in mid- and high-tech manufacturing and those which are concentrated in low- or no-tech assembly. In this article, we look at one of ASEAN’s key emerging manufacturing markets – Indonesia.
Indonesia’s Election Results Boost Economic Optimism
Joko Widodo, the former governor of Jakarta, was declared the next president of Indonesia last week, leaving foreign investors optimistic about the country’s economic prospects and triggering a favorable reaction from the rupiah.
Indonesia and the Philippines Agree on Maritime Border
Indonesia and the Philippines inked an agreement last week that clearly defines the borders of the two countries’ Exclusive Economic Zones (EEZ) in the Mindanao Sea and Celebes Sea.
U.S. and New Zealand to Challenge Indonesian Agricultural Restrictions at WTO
The United States has announced it will request a new World Trade Organization dispute settlement consultation with Indonesia over licensing requirements for the import of agricultural products.
Indonesia to Relax Tax Burden on Mineral Exports
The Indonesian government is finalizing a set of new regulations that will reduce the export tax on mineral concentrates for mining companies operating in the country. In order to avail the reduced export taxes, eligible mining companies must agree to build a smelter in Indonesia.
Tax Hike Makes Luxury Cars in Indonesia Even More of a Luxury
Regulations issued by the Indonesian Ministry of Finance hike the luxury-goods sales tax (LCT) on luxury cars by two-thirds to 125 percent.
East Java Attracts Second Largest Amount of FDI in Indonesia
The Indonesian province of East Java attracted US$3.39 billion in foreign direct investment in 2013, the second largest amount in the country after Jakarta, the capital of Indonesia. This amount represented a growth of 91.5 percent over 2010.
Growth in Indonesia’s Tourism Sector Outpaces Other G20 Members
Indonesia’s tourism industry is the fastest growing among the G20 nations, contributing nearly 10 percent to the country’s GDP last year.
Indonesians Prepare to Vote in National Elections
On April 9, Indonesians will vote in the fourth round of national legislative elections since the fall of Suharto’s New Order in 1998.
Thailand’s Political Crisis Makes Indonesia and the Philippines More Attractive for Foreign Investors
The protracted political crisis in Thailand has understandably unnerved foreign investors, who see no end in sight for the political stalemate. Meanwhile, Indonesia and the Philippines have become very attractive alternatives for investors considering pulling their investments out of Thailand.
