NEWS

The government has ended the investment tax holiday, following Indonesia’s implementation of the global minimum tax (GMT) agreed with 139 countries. The incentive officially expired on December 31, 2025. The Finance Ministry is preparing replacement incentives that comply with GMT rules, including Q... [read more]

The government has implemented the Foreign Digital Transaction Tax Collection System (SPP-TDLN) effective September 10, 2026, with PT Jalin Pembayaran Nusantara appointed as the system operator. Banks will collect, remit, and report VAT on foreign digital services purchased by Indonesian consumers.... [read more]

PT Jasa Marga (JSMR) targets completion and operation of the 5.21-km Ambarawa–Junction Bawen section of the Yogyakarta-Bawen Toll Road by end-2026. Construction is 99.54% complete and land acquisition 98.92% complete, with the segment now undergoing feasibility and operational testing. Once connecte... [read more]

Paramount Gading Serpong has begun the phased handover of 83 premium units at Grand Pasadena Village in Pasadena Central District. Located within a 40-hectare mixed-use commercial hub and connected to the ROW 45 boulevard linking Gading Serpong with BSD, the development offers access to two toll roa... [read more]

Ascott Indonesia and Paradise Indonesia have signed a new 30-year agreement covering seven properties with 849 units across Bali, Batam, Jakarta, and Yogyakarta. The agreement forms part of their broader partnership covering nine properties and around 1,310 units, making Paradise Indonesia one of As... [read more]