In this H1 2023 Indonesia investment report, we discuss the performance of standout sectors and highlight areas ripe for foreign capital infusion, business development, and trade expansion.
Indonesia has introduced a de-dollarization task force to help promote the use of its Rupiah in bilateral transactions and diversify its risk from the greenback.
Indonesia is introducing a golden visa scheme to attract foreign corporate and individual investors. The scheme offers between five-to-10-year resident permits, depending on their investment value.
Indonesia’s data center industry offers promising prospects, particularly as the digital economy is expected to reach a GMV of US$360 billion by 2030.
Indonesia’s Nongsa Special Economic Zone, located on Batam Island, offers a variety of opportunities for foreign investors.
Indonesia’s Ministry of Finance issued Regulation 66 of 2023 (MOF 66/2023) to govern the tax treatment of benefits-in-kind.
Indonesia and Peru have begun negotiations on a future Indonesia-Peru Comprehensive Economic Partnership Agreement, with the aim of increasing bilateral trade and investments.
Opening a representative office is the fastest and simplest way of establishing a legal entity in Indonesia.
Indonesia and Iran signed a preferential trade agreement (PTA) on May 23, 2023, with the aim to increase trade and strengthen diplomatic relations.
Indonesia is obligating commodity exporters to retain a part of their foreign exchange earnings onshore from August 1, 2023.