Business News
Minister of Finance Issues Regulation Concerning the Exemption of VAT on Home Purchases Until December 2025
In July 2025, following a government meeting, decisions were taken to extend the value-added tax borne by the government for the housing sector. Previously, through Minister of Finance Regulation Number 13 of 2025, the government had provided a 100% VAT discount for home purchases from 1 January to 30 June…
Indonesia and South Korea Deepen Collaboration in the Halal Industry
In a significant move toward boosting their roles in the expansive global halal market, Indonesia and South Korea are enhancing cooperation across the halal product ecosystem. During his visit to Seoul on August 13, 2025, Ahmad Haikal Hasan, Head of Indonesia’s Halal Product Assurance Agency (BPJPH), underscored that their partnership…
Bakamla RI establishes maritime patrol cooperation with the Vietnamese Coast Guard
The Head of the Indonesian Maritime Security Agency (Bakamla), Vice Admiral Irvansyah, stated that his agency will collaborate with the Vietnamese Coast Guard in maritime border patrols. Irvansyah explained that this collaboration is being developed to strengthen each coast guard's ability to protect maritime areas from intruders and the entry…
Indonesia and Saudi Arabia Strengthen Trade Cooperation
Minister of Trade Budi Santoso held a virtual bilateral meeting with Saudi Arabian Minister of Trade Majid bin Abdullah Al-Kassabi. The two ministers discussed trade performance and strengthening cooperation to enhance the economic potential of both countries. Busan, familiarly known as Busan, stated that Saudi Arabia is an important trading…
