Indonesia Golden Visa Draws Nearly US$3 Billion Since Launch Since its launch in July 2024, the Indonesia Golden Visa has attracted almost US$3 billion (around Rp 48 trillion) in investments. By September 2025, more than 1,000 permits had been issued, with about 96% of them issued to foreign companies opening branches or subsidiaries in Indonesia.…
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Indonesia Announces Nearly USD1 Billion Government Stimulus Package Indonesia has announced a new government stimulus package worth nearly USD1 billion (16.23 trillion rupiah) to support economic growth and create jobs. The initiative will roll out in the final quarter of 2025, with several measures extending into 2026. The package includes food aid, infrastructure projects, and…
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Indonesia Proposes Sovereign AI Fund to Become a Powerhouse in Artificial Intelligence Indonesia has proposed a sovereign AI fund in line with its ambition of becoming Southeast Asia’s regional hub for artificial intelligence. The initiative, outlined in a 179-page white paper, positions this fund as central to the country’s first national AI roadmap. The fund…
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Indonesia and the US Sign US$34 Billion Strategic Commercial Agreements Indonesia and the United States have recently formalised commercial agreements worth US$34 billion, aiming to deepen economic ties between the two countries. The agreements cover several strategic sectors, including energy and agriculture, and were finalised during a high-level business meeting held in Washington, D.C., on…
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New E-commerce Tax Rule to Shift Seller Income Withholding to the Platforms Indonesia is preparing a major ecommerce tax overhaul that will require online marketplaces to withhold and remit tax on behalf of their sellers. The move aims to increase state revenue and align tax treatment between online platforms and traditional retailers. The regulation is…
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Indonesia Establishing Sustainable Finance Committee for Advancing Green Investments Indonesia is establishing a Sustainable Finance Committee (SFC) to increase green investments and address climate change challenges. The initiative aligns with the nation’s commitment towards sustainable and financial sector development. Bridging the Climate Financing Gap The SFC’s formation follows a significant funding shortfall for Indonesia’s climate…
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Indonesia’s Sugar Palm Strategy Fuels Bioethanol Ambitions Indonesia Turning to the Sugar Palm Industry to Realise Bioethanol Ambitions Indonesia is developing the sugar palm industry as a source of fuel for the national bioethanol industry. The government plans to cultivate 300,000 hectares of sugar palm in the coming year to reduce dependence on imported fossil…
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Ties in AI Connection Strengthened Between Indonesia and China As They Forge A Digital Partnership Indonesia and China are deepening their ties in digital collaboration. Their first mission? To start focusing on AI connection and the development of smart cities. The two countries are determined to lay the groundwork for a potential AI innovation hub…
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Indonesia Launches Sovereign Wealth Fund to Oversee $900 Billion in National Assets Indonesia has launched the Danantara, a new sovereign wealth fund with the goal of managing $900 billion in state-owned assets. Formally known as Daya Angata Nusantara, it’s the second sovereign wealth fund in the country after the Indonesian Investment Authority (INA), which was…
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Major Smallholder Business Credit Allocation for Small Businesses in 2025 The Indonesian government has set an ambitious goal of distributing Rp300 trillion (approximately US$18.4 billion) in smallholder business credit (KUR) in 2025. This initiative aims to provide accessible funding for micro, small, and medium enterprises (MSMEs). The government has also allocated Rp48 trillion to ease…
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