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…
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…
$20 Billion Renewables Investment Plan Launched by Indonesia Indonesia has begun implementing its $20bn renewables investment plan to reduce carbon emissions and speed up the shift toward clean energy. The plan was launched under the Just Energy Transition Partnership (JETP), with support from Japan, the US, and other global leaders. A Plan to Cut…
Indonesia and China Look Forward To Strengthening Digital Cooperation With Indonesia and China digital cooperation strengthened, the Indonesian government encouraged both nations to collaborate in a comprehensive future of innovative city development. The areas concerned are research, technological advancements, and enhancing digital human resource competence and skills. The bilateral meeting between Communication and Informatics Minister…
Indonesia Sets Its Sights On 40% Investment from Southeast Asian Countries Indonesia sets its standards high, aiming for at least 40% foreign direct investment (FDI) from Southeast Asian countries. The Government aims to attract Rp80 billion in FDI. Since Indonesia accounts for 40% of ASEAN’s total economy, the stipulation is that at least 40% of…
