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National strategic project: Chimneys stand tall at the newly constructed gas processing plants operated by Chandra Asri in the industrial city of Cilegon in Banten, West Java. The plants produce methyl tert-butyl ether (MTBE) and butene1.

Regulations premium

Kadin moves to address extortion issues by regional branch in Cilegon

A video circulating on social media over the weekend shows a tense exchange between individuals claiming to represent Kadin’s Cilegon branch and Chengda Engineering Co, a contractor for the CA-EDC project by petrochemical giant PT Chandra Asri Pacific.

9 hours ago

Regulations premium

Outsourcing ban won’t fix job market, employers say

Indonesia’s Job Creation Law, once touted as a fix-all to make employment more flexible and attract investment, is now drawing flak for increasing job market uncertainty, with both business and labor leaders pointing to the President’s demand to end outsourcing as a sign the system is cracking. ...

1 day ago

Regulations premium

Govt considers restricting cassava, tapioca imports

The government is mulling over a plan to restrict cassava and tapioca imports as local farmers bemoan unsold domestic produce. ...

1 day ago

The Latest

A fintech app on a smartphone on display during the 2019 Indonesia Fintech Forum in an undated photo.

Regulations premium

Govt to start taxing P2P lending, e-wallet services

Taxes will be imposed on gains from P2P lending and on service fees from e-wallets.

3 years ago

Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan speaks on Nov. 18, 2021 at the Army Staff and Command School in Bandung, West Java.

Regulations premium

Govt plans gradual hikes for Pertalite, 3kg LPG

The government is bracing to gradually raise the price of all subsidized fuels, as the state budget may be unable to absorb all the impact from the global surge commodity prices, but has promised it will be careful in its timing and public communication.

3 years ago

Finance Minister Sri Mulyani Indrawati (right) and Taxation Director General Suryo Utomo promote the new Harmonized Tax Law to the public and business associations in Nusa Dua, Bali on Nov. 19, 2021.

Regulations premium

Higher VAT rate comes into effect

The government increased value added tax (VAT) on Friday as part of a tax reform introduced by the 2021 Harmonized Tax Law.

3 years ago

Convenient option: An online transportation bike drives through the Hotel Indonesia traffic circle in Central Jakarta, in this undated photograph.

Regulations premium

Lawmakers to add ride-hailing rules in new transport law

House lawmakers met representatives from Gojek, Grab and Maxim to discuss the new rules.

3 years ago

A gas station worker in Bintuni, West Papua, serves customers in this undated photograph. The government is promoting biofuels such as B30 biodiesel to reduce the country's dependence on fossil fuels.

Regulations premium

B40 biodiesel plan delayed again on high CPO prices

The Energy and Mineral Resources Ministry said it would "prioritize stability" amid rising crude palm oil (CPO) prices.

3 years ago

Representatives of signatory countries are pictured on screen during the fourth Regional Comprehensive Economic Partnership (RCEP) Summit held online during the ASEAN Summit on Nov. 15, 2020.

Regulations premium

Government likely to miss RCEP ratification target in Q1

Indonesia is likely to close its first quarter this year without ratifying the Regional Comprehensive Economic Partnership (RCEP), potentially losing out on multiplier effects from the world’s largest free trade agreement.

3 years ago

A worker stands on the back of a truck loaded with coal at Karya Citra Nusantara (KCN) Marunda Port in Jakarta on Jan. 17, after Indonesia eased an export ban on the commodity.

Regulations premium

Indonesia mulls raising coal DMO to 30%

The plan was originally proposed by the House of Representatives Commission VII overseeing energy and mining.

3 years ago

The Financial Services Authority (OJK) office in Jakarta is shown in this undated photo.

Regulations premium

OJK tightens rules on unit-linked insurance

The new rules cover marketing, asset management, transparency and minimum capital requirement.

3 years ago

A worker stands on the back of a truck loaded with coal at Karya Citra Nusantara (KCN) Marunda Port in Jakarta on Jan. 17, 2022, after Indonesia eased an export ban on the commodity.

Regulations premium

Finance Ministry sets penalty for coal DMO non-compliance

The policy is intended to prevent a repeat of a domestic coal shortage that led to a coal export ban in January.

3 years ago

People line up at a check-in counter at Soekarno-Hatta International Airport in Tangerang, Banten, on Dec. 19, 2021.

Regulations premium

Indonesia waives quarantine for all fully vaccinated foreign arrivals

The policy is intended to boost foreign tourism and help tourism-dependent areas recover economically.

3 years ago

An undated aerial photo shows a palm oil field in Bulutumbang, Belitung.

Regulations premium

Indonesia raises palm oil export levies

The government seeks to discourage exports amid domestic cooking oil crisis.

3 years ago

Yantian Port in Shenzhen in China's southern Guangdong province is pictured on June 22, 2021. This is China's largest container terminal.

Shenzhen eases lockdown as pandemic gnaws at China economy

Shenzhen is home to supply chains for major companies making everything from iPhones to washing machines.

3 years ago

A supermaket displays almost empty shelves for cooking oil in Bekasi, West Java, on Jan. 27, 2022.

Regulations premium

Govt removes price cap on cooking oil

Cooking oil prices have climbed to Rp 24,000 per liter, from Rp 14,000 per liter, after the cap was lifted.

3 years ago

This handout photo taken on March 16, 2022 by the Presidential Palace and received on March 17, 2022 shows Indonesia’s President Joko 'Jokowi' Widodo (2nd R-in white) visiting a Hyundai factory which produces the electric car “Ionic 5” in Bekasi, West Java.

Indonesia begins electric car production with Hyundai plant

Indonesia is the world's largest nickel producer and also rich in cobalt, bauxite and copper ores, key materials in the manufacture of batteries for electric cars.

3 years ago

Krakatau Steel employees watch the production of the first hot rolled coil (HRC) steel in the company's second hot steel mill in Banten on May 17, 2021.

EU hikes tariffs on India, Indonesia stainless steel imports

The EU said the products benefited from unfair subsidies in the form of preferential loans, duty exemptions and cheap provision of raw materials, partly because of export restrictions for those materials.

3 years ago

Indonesian Chamber of Commerce and Industry (Kadin) chairman Arsjad Rasjid (left) and Manpower Minister Ida Fauziyah (right) sign an memorandum of understanding during the Kadin national working meeting on Wednesday.

Regulations premium

Ministry to scrap restrictions on pension cash-outs

The Manpower Ministry is drafting a regulation to reverse a previous minimum age requirement for accessing pension funds.

3 years ago

Quality control: A worker of a steel factory in Cikarang industrial estate in Bekasi, West Java inspects the quality of product on Oct. 4, 2019.

EU hikes tariffs on India, Indonesia stainless steel imports

The European Commission, which conducted the investigation, has set the anti-subsidy duties on stainless steel cold-rolled flat products at rates of between 4.3 percent and 21.4 percent, the EU official journal said on Wednesday.

3 years ago

Representatives of the Investment Coordinating Board (BKPM) and SwissCham Indonesia and the Swiss-Indonesian Chamber of Commerce (SwissCham Indonesia) sign a digital memorandum of understanding on trade and investment during an online event on March 15, 2022.

Regulations premium

Indonesia, Switzerland sign MoU on trade, investment

The BKPM and SwissCham Indonesia have signed an MoU to boost bilateral trade and investment.

3 years ago

Travelers walk through the international arrivals hall at Ngurah Rai International Airport in Tuban near Denpasar, Bali, on Feb. 16, 2022, after a Singapore Airlines flight arrived following a nearly two-year break due to COVID-19.

Regulations premium

Bali to extend visa on arrival to China, India

The plan is hoped to boost foreign tourist arrivals to the island province.

3 years ago

Act for Farmed Animals (AFFA) rallies in front of a McDonald's outlet in Jakarta on March 10, 2022.

Activists urge McDonald’s to stop sourcing eggs from caged hens

Animal rights activists stages protests in front of McDonald's chains in Jakarta, Yogyakarta and Bali on Thursday.

3 years ago

A woman carries a bag of produce at a market in Bekasi, West Java, on Aug. 11, 2021.

Regulations premium

Govt to double down on cooking oil prices, raise DMO for CPO

During a market visit, the trade minister vowed to strictly enforce a cooking oil price cap and raise the domestic market obligation for crude palm oil producers.

3 years ago

A foreign currency dealer counts US dollar bills at a shop in Karachi, Pakistan, on Feb. 25, 2022.

US to begin work on 'digital dollar': White House

Unites States President Joe Biden has announced he will order government agencies to begin work on creating a digital US dollar, White House officials said.

3 years ago

A worker stands atop a pile of coal in a truck bed at Marunda Port in Jakarta on Jan. 17, 2022, after the government eased the export ban on the commodity.

Regulations premium

High commodity prices may encourage fraud, ministry warns

The Finance Minister has cautioned against corporate fraud, particularly as regards the DMO, amid the surge in global commodities prices.

3 years ago

A young man plays with his smartphone while waiting for customers in front of his electronics shop in Jakarta on Jan. 19, 2018.

Regulations premium

Govt seeks local alternatives for imported electronics

The government wants to boost the manufacture of local substitutes for mostly imported goods like air conditioners, washing machines, personal computers, printers, LED lamps, fiber-optic cables and digital cameras.

3 years ago

A worker refills gas cylinders at Pertamina's LPG bulk filling and transportation station (SPPBE) in Bandung, West Java, on June 9, 2020.

Regulations premium

Pertamina ups LPG price, mulls raising gasoline price

State-owned oil and gas company Pertamina has increased the price of nonsubsidized liquefied petroleum gas in response to higher global prices.

3 years ago

Headquarters of the Taxation Directorate General in Jakarta.

Regulations premium

New tax amnesty rule directs funds to renewables, processing industries

Taxpayers who invest declared funds in certain industries pay lower tax on the repatriated assets.

3 years ago

Domestic use only: Heavy equipment is used to stockpile coal at the Kertapati coal terminal belonging to state-owned company PT Bukit Asam in Palembang, South Sumatra, in this undated photograph.

Regulations premium

Govt mulls plan to form new entity to collect coal levies

The levies would be used to subsidize coal for PLN.

3 years ago

An overloaded truck is driven in the Pos Pengumben neighborhood of Jakarta on Aug. 7, 2019. Such trucks often cause congestion, accidents and infrastructure damage.

Ministry vows to get serious about overloaded trucks

Truck overloading contributes to dozens of accidents and costs billions of dollars in repairs each year, according to official estimates.

3 years ago

Work-from-home arrangements are blurring the boundaries between office work and private life. (Unplash/Nick Morrison).

Regulations premium

WFH forever? Why not, say more and more employers and employees

Work from home (WFH) has grown into more than a tool to curb the pandemic. It has defined a new standard for Indonesian business operations, paving the way for long-term, even permanent, remote work.

3 years ago

Officials take photos of wind turbines belonging to state-owned power company PLN in Sidrap, Sidenreng Rappang, South Sulawesi, on Oct. 26, 2021. With 30 turbine generators, it is the largest wind power plant in Indonesia.

Regulations premium

Indonesia aiming far too low to reach climate goals: Think tank

The country should quadruple its annual renewable investment target, says the International Institute for Sustainable Development (IISD).

3 years ago

Page: 44

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