Indonesia plans to form a state revenue ministry to improve revenue collection, Hashim Djojohadikusumo, brother and a close advisor of President Prabowo Subianto, said on Sunday, according to a report by news portal Detik.com.
Business
The Indonesian government rejected Apple’s $100mn investment plan in an effort to lift a sales ban on the iPhone 16 in the country. The Southeast Asian country said it compared Apple’s investment proposal to contributions from other smartphone brands with manufacturing facilities in Indonesia and found it lacking.
A new agreement between the Northern Territory Government and the Republic of Indonesia will be aimed at establishing a strong framework for mineral supply chains.
Two prominent Australian livestock exporting companies have formed a joint venture to supply dairy cattle to Indonesia, in alignment with newly elected President Prabowo Subianto’s free milk for school students program.
The Indonesian government is conducting a study on the underground economy, which encompasses tax evasion and other illegal activities. According to Finance Minister Sri Mulyani Indrawati, there is significant untapped potential for state revenue from these underground activities.
PT Pupuk Indonesia announced its Green Ammonia Initiative from Aceh (GAIA) Project at the 29th UN Climate Change Conference of the Parties (COP29) in Baku, Azerbaijan, signifying Indonesia’s commitment to global green energy transition.
South-east Asia’s largest economy pushes foreign tech groups to invest locally or lose market access.
Indonesia is planning to import 1 million tons of rice no later than end-2024, according to Chief Food Affairs Minister Zulkifli Hasan on Monday.
A year ago, TikTok’s e-commerce business in Indonesia was thriving. With its viral videos, TikTok had become a worldwide phenomenon and it was translating its influence into a powerful new revenue stream by letting users buy and sell things while its videos played.
A look to the upcoming Australia-Indonesia Business Council National Conference in Sydney.
What does Indonesian President Prabowo’s food self-sufficiency plan mean for Australian agriculture?
Australia’s agricultural sector will be keeping an eye on Indonesia and its new president, Prabowo Subianto, who surged to power with a number of food policies such as giving schoolchildren free meals and milk.
Global mining services company Thiess says it has successfully exported its first fleet of rebuilt trucks – five Cat 789 trucks – from Batam Island in Indonesia to Perth, Australia, with more enroute to support the ongoing demand for hauling fleet.
Live cattle exports have remained consistent for the majority of this year, with strengthening demand from main markets Indonesia and Vietnam making up for less breeder cattle trade with China.
Jakarta is proposing 200 percent tariffs on Chinese goods, citing the United States’ policies as an inspiration.
Japan Airlines (JAL) and Garuda Indonesia have signed a Joint Business Agreement, strengthening cooperation on flights between Japan and Indonesia.
The Indonesian government has laid out a roadmap for the downstream processing of coconut products as part of its National Long-Term Development Plan (RPJPN) for 2025-2045.
