Indonesian Opposition Parties Oppose Investment in Liquor Industry

“[Alcohol] is clearly a threat to Indonesian millennials. Much of the country's population is also opposed to the alcohol trade.” The Presidential Order legalizing the production and sale of alcohol went into effect on February 2.

These included allowing their production and sale in Indonesian provinces with non-Muslim majorities such as Bali, East Nusa Tenggara, Papua and North Sulawesi, with regards to local customs and traditions.

Local investors, starting from the Micro, Small and Medium Enterprises [UMKM] are free to put up any amount of investment, while foreign businesses are required to invest Rp. 10 billion [$701,788] in the business.

(Writers: Ardito Ramadhan, Nicholas Ryan Aditya | Editors: Diamanty Meiliana, Krisiandi, Muhammad Idris)

Sources: 

https://nasional.kompas.com/read/2021/03/01/14280561/fraksi-pks-minta-perpres-soal-investasi-miras-dibatalkan-dinilai-cederai?page=all#page2. 

https://nasional.kompas.com/read/2021/03/01/10232511/fraksi-pan-minta-pemerintah-kaji-ulang-aturan-investasi-miras. 

https://money.kompas.com/read/2021/02/28/140611626/jokowi-legalkan-produksi-minuman-keras-apa-syaratnya?page=all.