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China Becomes Major Source of Indonesia's Garment Imports

The Central Bureau of Statistics (BPS) noted that apparel imports increased in July 2024, especially from China. Monthly imports of knitted garments and accessories (HS 61) increased by 55.46%.Meanwhile, imports of non-knitted garments and accessories (HS 6...

Foreign companies investing in Xindu are not required to pay compensation for foreign workers.

President Joko has allowed businessmen to invest in the new capital (IKN) to recruit foreign workers (TKA), a provision that is regulated by Government Regulation No. 29 of 2024, which deals with licensing attempts, ease of doing business, and ease of investing in businesses within IKN...

Indonesia cracks down on illegal imports, seizes Rp 100 billion in goods in three operations

On August 19, Indonesia's Trade Minister told the media that the Special Task Force for the Rectification of Illegal Imports had for the third time seized illegal imports worth a total of Rp 20.2 billion, or about Rp 10 million. The seized illegal goods include electric drills, angle grinders...

2025 Indonesia (APBN) State Budget Planning

Article Data Source: ANTARA-Antara News Agency, Joko's 2025 State Budget Speech Translated by Thousand Islands Enterprise Indonesia's President Joko Widodo presented the draft of Indonesia's 2025 State Budget and Expenditure on Friday, August 16,...

Indonesian real estate tycoon optimistic after witnessing Xindu's development

Sugianto Kusuma, owner of real estate giant Agung Sedayu Group and developer of the PIK area, is optimistic about the success of Indonesia's new capital (IKN). He witnessed the development of IKN when he attended the 79th Independence Day ceremony...

China remains main source of Indonesia's apparel imports

The Central Bureau of Statistics (BPS) acknowledged that the value of imports of apparel under HS codes 61 and 62 increased by 55.461 TP3T and 29.611 TP3T per month (month to month/mtm).In terms of the country of origin of the imports, HS 61 goods consisting of knitted apparel and accessories from China...

Indonesia's best-selling electric cars change

The Wuling Air EV electric car caused a stir when it was first launched in 2022 as it was the first electric car produced in Indonesia, priced at around Rp 240 million. Meanwhile, then rival Hyundai was selling the car for 8...

Chinese EV firms plan to build charging facilities in Indonesia

BYD (BYD), an automobile company from China, has admitted that it has started to review its long-term roadmap for business development in Indonesia. BYD Auto Indonesia's head of marketing and communications said this development includes the provision of charging stations in public...

President Joko to attend inauguration of West Kalimantan alumina smelter

President Joko plans to inaugurate the Alumina Smelter (SGAR) project in Mempawah, West Kalimantan, in September 2024... Joko was visiting the Jakarta Convention Center for the 2024 Environment, Climate, Forestry and New Renewable Energy...

Indonesian Customs Releases Contents Data on Containers Stranded at Ports

The General Customs Administration (GCA) has released data on the contents of 26,415 containers stranded in several ports due to import prohibitions and restrictions (lartas) regulations, the contents of which are mostly raw and auxiliary industrial materials. Customs Communications and User Guidance General...
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