Business News

Be Ready, the Government to Raise 6 Mining Commodities Royalty Rates

According to the Director of Mineral and Coal Programme Development at the Ministry of Energy and Mineral Resources (ESDM), Julian Ambassadur Shiddiq, the Ministry of ESDM is revising the government regulation on royalty rates or non-tax government revenue (PNBP) in the mineral and coal mining sector. Commodities that will be…

Kadin-Ministry of Agriculture Cooperation to Strengthen Agricultural Technology and Ecosystems

On 10 March 2025, the Indonesian Chamber of Commerce and Industry (Kadin) and the Ministry of Agriculture (MOA) signed a Memorandum of Understanding (MoU) to strengthen the agricultural ecosystem, including technology and human resources. Kadin, as a strategic partner of the government, will contribute to achieving an 8% economy through…

Prabowo Welcomes Vietnam's Investment in the Automotive and Agriculture Sector

On 10 March 2025, the President of Indonesia, Prabowo Subianto, and the General Secretary of the Communist Party of Vietnam, To Lam, signed three bilateral agreements between Indonesia and Vietnam, including the Letter of Intent (LoI) on Capacity Building Cooperation in Engineering and Digital Economy, the LoI on Cooperation in…

CBU Motorcycle Exports Reach 43,899 Units in February 2025

The Indonesian Motorcycle Industry Association (AISI) reported an increase in motorcycle exports for February 2025. According to its official website on March 10, 2025, AISI now categorizes exports into three schemes: CBU (Completely Built-Up), CKD (Completely Knocked Down), and Part by Part. CBU motorcycle exports rose by 7.3%, from 40,878…
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