To ensure available stock of health equipment and personal protection equipment (PPE) amid the COVID-19 pandemic, Ministry of Trade has imposed import relaxation through revision… Read More »Ensuring availability of Health Equipment, Trade Minister Imposed Import Relaxation
Business merger, uniting two or more existing companies into one new company, is a normal practice in business. Minister of state-owned enterprises (SOEs) Erick Thohir has stated… Read More »Merge Port’s Identic Business Units for Better Competitiveness
The continuing fall of world’s oil price has significantly triggered a lower bunker price for shipping industry, thus finally cutting their operating cost. However, it… Read More »Lower Bunker Price Helps Operating Cost, but Not Automatically Indicating a Promising Shipping at All
Indonesia’s imports in February declined 18.69 percent to US$11.6 billion from US$14.2 billion in January. The total import of the two months of 2020 reached… Read More »Sharp Drop in Import Encouraged a Trade Surplus of US$2.34 Billion in February
Photo: Industry Minister Agus Gumiwang Kartasasmita In anticipating further disruption in raw material supply for the industry, government is set to delay import duties and… Read More »Helping Industries from Further Raw Material Disruption, Govt Is Set to Delay Import Duty Payment
The Investment Coordinating Board (BKPM) will continue to simply regulations for ease of doing business in anticipating the effect of coronavirus (Covid-19) outbreak. The BKPM… Read More »Supporting the Supply Chain of Raw Material for Industry, BKPM to Simplify Regulations
Minister Industry Agus Gumiwang Kartasasmita asked the national industries to find supply of raw materials from other countries to substitute the supply from China, as… Read More »Anticipating Prolong Effect of Coronavirus, Industries Expected to Find Raw Material from Other Countries
Table of US leading export import commodities Indonesia will probably lose import duty facility or the Generalized System of Preferences (GSP) scheme from United States… Read More »Losing Import Duty Facility from US Threatens Indonesia with a Trade Deficit
The impact of coronavirus outbreak is predicted to significantly affect Indonesia’s export this year. Hence, optimizing the export of products with less impacted and creating… Read More »Coronavirus Impact: Indonesia’s Textile Export to Slow, Furniture Stable
Indonesia total export to China fell 12.07% in January, significantly contributing to the overall Indonesia’s export drop and a bigger trade deficit during the month,… Read More »Indonesia Export to China Fell by 12.07% in January
