Gold prices in Indonesia experienced a notable correction this week, with Antam gold bars seeing a price decline of Rp 27.000 per gram. As of the latest market data, the price for a one-gram Antam gold bar is currently pegged at Rp 2,606 juta/gr. This downward trend has also affected the buyback price—the rate at … Read more
Electric vehicle (EV) owners in Indonesia do not pay progressive vehicle tax (Pajak Kendaraan Bermotor atau PKB) on their first battery-electric vehicle, even if it is the second or third car in their household. Under current Indonesian government regulations, EVs are granted a progressive tax exemption to incentivize the transition from internal combustion engines to … Read more
Indonesian labor groups have raised concerns regarding the tax treatment of Jaminan Hari Tua (JHT) payouts, prompting clarification from the Social Security Agency for Employment, known as BPJS Ketenagakerjaan. Current regulations stipulate that JHT disbursements are subject to income tax (PPh Pasal 21) if they meet specific thresholds, a policy that remains a point of … Read more
The Indonesian Directorate General of Taxes (DJP) has formally seized two bank accounts belonging to a taxpayer identified as PT AG, following the company’s failure to meet its outstanding tax obligations. According to official reports from the tax authority, the seized accounts contained a combined balance of Rp33.49 billion, a sum now held by the … Read more
Gold prices from Aneka Tambang (Antam) have experienced significant volatility this week, with market data showing sharp fluctuations in both the spot price and the company’s buyback valuation. Investors tracking the precious metals market observed a notable decline in the repurchase price, which serves as a primary indicator for retail liquidity in the Indonesian gold … Read more
In an era of shifting global economic dynamics, Indonesia’s approach to maintaining monetary stability has moved to the forefront of regional financial discourse. As the nation navigates volatile currency markets—where the rupiah has faced significant pressure, at times testing the 17,900 level against the U.S. Dollar—policymakers are increasingly focused on structural reforms designed to reduce … Read more
The Jakarta Provincial Government has officially announced a new fiscal incentive program, initiating a period of pemutihan pajak kendaraan di Jakarta (tax amnesty for vehicle owners) beginning June 1, 2026. This policy, designed to alleviate the financial burden on residents and improve tax compliance rates across the capital, provides a significant waiver for administrative penalties … Read more
As Indonesia prepares for the observance of Iduladha 1447 H, questions regarding the allocation of public funds for the annual presidential sacrificial cattle program have surfaced in public discourse. The tradition, which involves the distribution of livestock across the archipelago, serves as a significant cultural and religious touchstone. However, recent discussions have centered on the … Read more
In the evolving landscape of public transparency and asset disclosure, the financial profile of prominent Indonesian public figures has increasingly become a subject of national interest. Recent disclosures, specifically those regarding the LHKPN (Laporan Harta Kekayaan Penyelenggara Negara) or the State Official Wealth Report, have cast a spotlight on the significant personal assets managed by … Read more
The Indonesian automotive landscape is bracing for a potential shift in the highly competitive maxi-scooter segment. Recent reports and registration data sightings have sparked intense speculation regarding the imminent arrival of a new Suzuki model: a 150cc variant of the Burgman series. For years, the premium scooter market in Southeast Asia, particularly in Indonesia, has … Read more