Indonesia's Finance Minister publicly pitched incentives to Toyota at the GIIAS 2026 auto show (Aug 4) to relocate its ASEAN production hub from Thailand to Indonesia, offering tax exemptions up to 100% and VAT reductions of 40% for EVs. The timing coincided with Thai PM Anutin's official first visit to Indonesia in 15 years, underscoring intensifying regional competition for automotive manufacturing investment and Thailand's vulnerability to such recruitment efforts.