{
    "success": true,
    "data": {
        "id": 1738121,
        "msgid": "chinese-chamber-of-commerce-writes-to-prabowo-requests-improvement-in-indonesias-business-environment-1778687600",
        "date": "2026-05-13 21:26:18",
        "title": "Chinese Chamber of Commerce Writes to Prabowo, Requests Improvement in Indonesia's Business Environment",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Business",
        "summary": "The Chinese Chamber of Commerce in Indonesia has written to President Prabowo Subianto, highlighting concerns over the investment climate and business certainty in the country. Chinese investment firms are urging the government to enhance the business environment for greater stability, transparency, and predictability, citing issues such as overly stringent regulations, excessive law enforcement, corruption, and extortion by authorities. Specific grievances include rising taxes and levies, increased tax inspections, and a proposed policy requiring 50% retention of natural resource export proceeds in state-owned banks for one year, which they argue disrupts company liquidity and long-term operations.",
        "content": "<p>JAKARTA - The Chinese Chamber of Commerce in Indonesia has written to\nPresident Prabowo Subianto to convey several complaints regarding the\ninvestment climate and business certainty in Indonesia. In the letter,\nChinese investment companies request that the government improve the\nbusiness environment to make it more stable, transparent, and\npredictable.<\/p>\n<p>\u201cHowever, in recent periods, companies operating in Indonesia have\ngenerally faced prominent issues, including overly strict regulations,\nexcessive law enforcement, and even corruption and extortion by\nauthorised authorities,\u201d states the letter addressed to President\nPrabowo, as quoted on Wednesday (13\/5\/2026).<\/p>\n<p>Several problems highlighted include increases in taxes and levies,\nheightened tax inspections, and the planned obligation to retain 50\npercent of foreign exchange from natural resource exports in state-owned\nbanks for one year. This policy is deemed to disrupt the liquidity and\nlong-term operations of companies.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/chinese-chamber-of-commerce-writes-to-prabowo-requests-improvement-in-indonesias-business-environment-1778687600",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}