Indonesia consistently seeks foreign direct investment, signaling its openness with clear, albeit substantial, capital requirements. Foreign-owned PT PMA entities are mandated to present a minimum investment plan of IDR 10 billion (USD 650,000), with at least IDR 2.5 billion (USD 160,000) in paid-up capital. Yet, this …

President Prabowo Subianto’s arrival in Seoul, Republic of Korea, on Tuesday night, March 31, 2026, was met with an outpouring of enthusiastic support from Indonesian citizens residing in South Korea. The scene at his hotel, where two children in traditional attire presented a bouquet of flowers, epitomized the warmth …

Semarang, the esteemed capital of Central Java, presents a compelling paradox of historical depth and modern aspiration. Situated strategically on the northern coast of Java, bordering the Java Sea, this city once thrived as a pivotal trade hub during the Dutch colonial era, its Tanjung Mas Port serving as a gateway …

Indonesia, Southeast Asia’s largest economy, is embarking on an ambitious drive to significantly boost domestic consumer spending, targeting an impressive Rp110 trillion (approximately US$6.56 billion) by the end of 2025. This strategic initiative, spearheaded by the government and supported by widespread shopping …

Indonesia, Southeast Asia’s largest economy, is taking a significant step toward realizing its global trade ambitions through a free trade agreement (FTA) with the Eurasian Economic Union (EAEU). This landmark deal between Jakarta and the five EAEU member states — Russia, Kazakhstan, Armenia, Belarus, and Kyrgyzstan — …

Jakarta, Indonesia – The Indonesian government has firmly refuted recent speculations suggesting a potential collapse in its crucial trade tariff negotiations with the United States. Despite reports hinting at setbacks, particularly from an unnamed US official, Jakarta maintains that discussions are “still ongoing” and …