Resources

The Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi – “BAPPEBTI”) has issued Regulation No. 11 of 2022 on the Determination of the List of Crypto Assets Tradeable Through the Physical Market for Crypto Assets in order to accommodate the anticipated demand of future traders of crypto assets, as well as to enhance the development of the crypto-assets industry in Indonesia. The issuance of the new regulatory framework is in line with the ongoing increase in crypto-asset customer numbers and transaction volumes. Furthermore, the new regulation has also taken the increasing variety of crypto assets into account. The

This update on the Handbook of Energy & Economy Statistics of Indonesia, is an effort from the Center for Data and Information Technology on Energy Mineral Resources (CDI-EMR) to provide accurate and reliable data and information on energy and the economy, which is generally not available, largely because researchers at various institutions, do not have common terminology and in some cases, disagreement arises over different uses and in turn can lead to inaccurate energy analysis. This handbook hopes to resolve this.

Indonesia’s external settings are benefiting from improved terms of trade on higher commodity prices. The economy continues to recover from the pandemic-driven slowdown, supporting the government’s fiscal consolidation efforts. S&P revised their rating outlook on Indonesia to stable from negative. At the same time, they affirmed their ‘BBB/A-2’ sovereign credit ratings on Indonesia. The stable outlook reflects S&P’s expectation that Indonesia’s economic recovery will continue over the next two years.

This detailed breakdown of all things digital in Indonesia was put together by Datareportal, We Are Social and Kepios. The report covers insights, and trends you need to help you understand how people in Indonesia use connected devices and services in 2022 including detailed statistics for internet use, social media use, and mobile use, as well as user numbers for all the top social platforms.

This factsheet provides the latest statistics on trade and investment between the UK and Indonesia. The total trade in goods and services (exports plus imports) between the UK and Indonesia was £2.8 billion in the four quarters to the end of Q4 2021, an increase of 4.9% or £128 million from the four quarters to the end of Q4 2020. It summarises a wide range of publicly available data, from data providers such as the Office for National Statistics (ONS) and HM Revenue and Customs (HMRC), as well as international data providers.

This publication was developed by PT PricewaterhouseCoopers Indonesia Advisory (PwC Indonesia) in collaboration with Study Melbourne, who commissioned the report. It is intended to provide a broad overview of the regulatory and administrative requirements for foreign higher education institutions that are interested in investing in the Indonesian higher education sector.

Yanuar Fajari, Deputy Director for Investment Planning in Energy at Ministry of Investment/ Indonesia Investment Coordinating Board (BKPM) and Siwage Dharma Negara, Senior Fellow at ISEAS discuss investment trends in Indonesia. Although total investments increased, much of this was driven by a rapid increase in domestic direct investment (DDI) while foreign direct investment (FDI) remained relatively stagnant. The DDI share of total investment rose from 35% in 2015 to 50% in 2021. In the manufacturing sector, however, FDI’s share increased to 51% in 2021, while DDI’s share declined, because domestic investment flowed mostly to the services sector.

The Indonesian Government expressed its commitment to ensure the certainty and security of domestic and foreign investment in Indonesia and keep it in line with national interests. Ultimately, the aim of the Job Creation Law, as its name would suggest, is to create more jobs for the people by encouraging more quality investment in the country through regulatory streamlining and simplification of business licensing.

In this edition of EKONID’s Newsletter Law and Taxes, cooperation partners share their expertise on recent Indonesian legal and tax developments including, but not limited to, the update on the ever-interesting topic of the Omnibus Law, the territorial based taxation for expatriates, amendment of tax treaty between Indonesia and Singapore, as well as Income Tax Facilities in Special Economic Zones and DGT Form for Non-Indonesian Tax Payers.

The Indonesian Government introduced its “Industry 4.0” initiative which seeks to accelerate the use of advanced technologies to broaden and grow Indonesia’s manufacturing capabilities and output. Another area of focus for the Government is continuing the development of dedicated industrial estates, or Special Economic Zones (SEZs), as part of its efforts to attract foreign companies to relocate their operations to Indonesia. In this detailed report Deloitte provide broad and impactful insights to all prospective investors.