Updates on Indonesia's New TKDN Rules

Key Summary:
- The government enacted a new regulation regarding TKDN
- Domestic products prioritized, imports allowed under strict conditions
- Certification time slashed, from three months to ten days
President Prabowo has officially enacted a new regulation regarding the Local Content Requirement (TKDN) for the procurement of goods and services by the Indonesian government.
Context: The updated guidelines are stipulated in Presidential Regulation No. 46/2025, which serves as the second amendment to Presidential Regulation No. 16/2018 concerning Government Procurement of Goods and Services.