Electric Motorcycle Subsidies Worth US$455 Million to Be Offered as Financing Incentives for Indonesians Dadan Kusdiana, secretary general of the Ministry of Energy and Mineral Resources, said the Indonesian government has prepared US$455 million as electric motorcycle subsidies in an effort to encourage the purchase and utilisation of the two-wheeled EVs. The minister further stated…
60-Day Bridging Visa for Foreign Nationals in Indonesia Indonesia’s Directorate General of Immigration (DGI) has introduced a new Bridging Visa. This 60-day visa also known as a Transitional Stay Permit, is a legal way for foreign nationals to remain in the country while they apply for different residency permits. When to Apply For a…
End-to-End Support for Investors as Indonesia Simplifies Investment Process Indonesia hopes to simplify the investment process with end-to-end support through comprehensive facilities and tax incentives. The government hopes that by streamlining the processes, investments can be expedited. Areas of Support The government will provide end-to-end support by introducing facilities to aid investors in several…
Indonesia Looks Forward to Discussing the MoU on Formal Sector Workers with Malaysia In response to Indonesia’s request, Malaysia agrees to consider discussing an MoU on formal sector workers in the upcoming month. Steven Sim, the Malaysian Minister of Human Resources, stated that the joint committee between the two countries will also examine and discuss…
Indonesia Ready For $200 Million AI Centre As artificial intelligence (AI) takes over more business development, countries’ talents must have the skills to match industry needs. Hence, the Indonesian government has agreed to build a new AI centre in one of its cities, with Nvidia, one of the world’s leading semiconductor producers for AI, and…
Dear Valued Customers, Welcome to the March Newsletter 2024 Welcome to the March edition of our 3E Accounting newsletter! As we make our way through the year, we’re once again pleased to share an overview of the updates that have been happening with the company this month. In this edition, we explore some of the…
Indonesia A Step Closer to Becoming An OECD Member Indonesia is one step closer to becoming an Organisation for Economic Cooperation and Development (OECD) member, a significant milestone as the first Southeast Asian nation to join the OECD. It becomes the third country in Asia (after South Korea and Japan) to join. A Historic…
Indonesia Introduces Visa-Free Entry Policy, AIming to Secure Extra $25 Billion Revenue Indonesia hopes to generate an extra $25 billion in revenue with a visa-free entry policy for foreigners. The goal is to give a major boost to the tourism sector. The Ministry of Tourism and Creative Economy is committed to this goal. It plans…
Indonesia Offering Investments in SEZs to the UAE A proposal has been put forth by Indonesia’s Ministry of Tourism and Creative Economy to encourage more investments from the United Arab Emirates (UAE) in SEZs. Investment opportunities are being made available in eight special economic zones (SEZs). Investment opportunities will be focused primarily on the creative…
MoU Signed by Indonesia and Australia to Boost EV Collaboration A Memorandum of Understanding (MoU) was signed on 23 November 2023 to boost EV collaboration between Indonesia and Australia. The MoU aims to unlock opportunities within the global EV supply chain. The MoU was signed between the Australian Minister for Industry and Science and the…
