Indonesia’s Super-Luxury Property Tax Policy Sparks Industry Outcry Amidst Economic Headwinds

Indonesia’s property sector braced for significant headwinds following the government’s decision to implement a new five percent income tax (PPh) on "super-luxury" properties, effective June 1, 2015. This policy, which…

The "No Makeup" Makeup Look: Embracing Natural Beauty in the Evolving Cosmetics Industry

The beauty industry is witnessing a significant shift, with a discernible movement away from bold, statement makeup towards a more understated, natural aesthetic. This evolution is prominently reflected in the…

Indonesia Debates Landmark Property Law Revision: Extending Foreigners’ Right of Use While Sparking Industry Division and Economic Safeguard Concerns

The Indonesian Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN) is actively reviewing Government Regulation No. 41 Year 1996 concerning foreign ownership of property in Indonesia, a move…

Showbiz Round Up Highlights Anji’s New Marriage Desmiliana Ariyana’s Conversion and Ethical Disputes in the Indonesian Entertainment Industry

The Indonesian entertainment landscape has been dominated this week by a series of high-profile developments ranging from unexpected celebrity nuptials to serious allegations regarding filmmaking ethics and domestic legal disputes.…

Indonesia Unveils Sweeping Commodity Export Overhaul, Industry Leaders Voice Concerns Over Market Access

President-elect Prabowo Subianto, during his address at the 19th Plenary Session of the House of Representatives (DPR RI) concerning the Macroeconomic Policy Framework and Fiscal Policy Principles (KEM PPKF) for…

Singkawang City Bolsters Creative Industry and Cultural Heritage Through Comprehensive Weaving Training Program

The City Government of Singkawang, West Kalimantan, has undertaken a significant initiative to elevate its creative industry and preserve invaluable cultural heritage by providing a comprehensive weaving training program for…

Thai Automotive Associations Urge Government to Impose 32 Percent Excise Tax on Chinese Electric Vehicle Imports to Safeguard Local Industry

The automotive landscape in Thailand, long referred to as the "Detroit of the East," is currently navigating a period of unprecedented turbulence as a coalition of domestic industry leaders issues…

New Property Tax on Super-Luxury Homes Deemed Counterproductive by Industry Watchdog

A new property tax policy, set to impose a 5 percent income tax (PPh) on transactions involving super-luxury properties in Indonesia, effective June 1, 2015, has been sharply criticized by…

Global Semiconductor Shortage Drives Price Hikes, Propelling Foldable Smartphones as the Industry’s Innovation Catalyst Amidst Economic Uncertainty

The electronics industry faces a significant inflection point as a persistent global scarcity of memory chips continues to disrupt the production of consumer electronics, including computers, smartphones, and household appliances,…

Indonesia Achieves Major Milestone in Fertilizer Industry with Rp7 Trillion Export to Australia, Domestic Price Reduction, and Enhanced Farmer Support

Jakarta, Indonesia – Indonesia has marked a significant transformation in its national fertilizer industry, achieving a dual triumph of expanded global reach and strengthened domestic agricultural support. The nation recorded…

The Fading Gold of Tinanggea How Nickel Mining Pollution is Decimating South Konawe Seaweed Industry

La Ode Baharuddin has just returned from the shoreline, his legs caked in thick mud from the soles of his feet to his calves. He spent the morning scouring the…