Indonesia and Saudi Arabia have had historical trade and diplomatic relations for centuries and are now focused on increasing bilateral trade in the modern era.
Indonesia’s parliament has approved the country’s membership in the Regional Comprehensive Economic Partnership (RCEP) trade pact.
Indonesia and the United Arab Emirates concluded a new free trade agreement in July 2022. The FTA aims to increase bilateral trade to US$10 billion by 2030.
Indonesia’s OJK Regulation No. 22/2021 allows tech companies to have multiple voting rights when they conduct an IPO in the country’s stock exchange.
Indonesia’s GR 39/2021 mandates businesses in most industries to be Halal compliant and Halal certified.
Indonesia has pledged to make the SEZs a policy priority to attract foreign investment – further facilitated through its tax incentive programs.
The latest issue of ASEAN Briefing Magazine, titled “Opportunities in Indonesia’s Special Economic Zones”, is out now.
The Indonesian government is mulling the prospect of turning the Natuna Regency into a special economic zone.
Indonesia is home to some 40 percent of the world’s geothermal resources, and the sector will be key to the country’s energy sustainability goals.
Indonesia has been a major recipient of Chinese investment for some time. The country offers opportunities in various sectors including the digital economy, healthcare, and finance, among others.