Every country that is on the Tokyo MoU Whitelist receives global recognition for its compliance with the rules and conventions of the International Maritime Organization (IMO), covering safety, security, and operational aspects of maritime activities. These countries are also deemed competitive on the global stage…

Indonesia’s construction industry is a promising arena for foreign investors, offering substantial growth opportunities amidst the country’s expanding infrastructure needs. However, tapping into this market requires a thorough understanding of Indonesia’s regulatory framework, which governs foreign investment in the sector…

Indonesia’s construction industry is a promising arena for foreign investors, offering substantial growth opportunities amidst the country’s expanding infrastructure needs. However, tapping into this market requires a thorough understanding of Indonesia’s regulatory framework, which governs foreign investment in the sector…

In its effort to boost economic growth and achieve the “2045 Golden Indonesia Vision,” the Indonesian government plans to establish four new Special Economic Zones (SEZs). These new zones will be located in Batam in the Riau Islands, South Tangerang in Banten, and Morowali in Central Sulawesi. Each SEZ will focus on different sectors…

The Indonesian House of Representatives (DPR RI) has proposed lifting the bauxite export ban enforced in June 2023. This proposal is supported by ongoing evaluations from the Ministry of Energy and Mineral Resources (MEMR), which is currently assessing the feasibility of reinstating bauxite exports. The original intent behind the ban was to stimulate domestic processing of bauxite into alumin…

The global nickel ore market has struggled with severe oversupply issues, significantly impacting nickel prices and related industries. Indonesian government has introduced several policies to boost domestic nickel mining and smelting, leading to rapid increases in production. However, this rapid growth has resulted in an oversupply in the market, causing a declin…

In a significant move to curb illegal transactions involving tin and nickel, the Indonesian Government has introduced the latest development of the Ministry and Agency Mineral and Coal Information System (Sistem Informasi Mineral dan Batu Bara antara Kementerian dan Lembaga – “SIMBARA”). This updated system now includes oversight for tin and nickel commodities…

On July 16, 2024, Indonesian media reported that the government will form a special task force to monitor illegal imports. This task force will consist of 19 ministries and agencies, including the Attorney General’s office and the police, overseeing the import of clothing, electronics, ceramics, shoes, and lamps…

In 2021, the Indonesian government, alongside foreign investments in the medical sector, maximized the development of the health industry to promote the expansion of health insurance. The Health Law issued in 2023 replaced mandatory health expenditures with a performance-based budgeting system guided by market demand. This law also introduced…

LKPM is a report on the development of investment realization and issues faced by business actors that is obliged to be prepared and submitted regularly. LKPM is important for the government as it provides insight on investment potential, obstacles and policies that should be implemented by Furthermore, LKPM becomes important for business actors because…