social dynamics

The Ministry of Industry (Kemenperin) has noted that seven ceramic tile companies have closed down or gone bankrupt due to the impact of rising gas prices and the massive import of ceramic goods from China. The chairman of the Ministry of Industry's working group for the development of the ceramic and glass industry said...

The Ministry of Trade's special staff in charge of international trade agreements has said that a task force to eliminate illegal imports will soon be set up and that the final draft regulating the work of the task force has been finalized and is awaiting the signature of the Minister of Trade. He h...

The Authority of the New National Capital (OIKN) has secured 421 (LoI) Letters of Intent for investment, the Deputy Representative for Financing and Investment of OIKN said, adding that the number of LoIs also includes pioneer investors who have expressed serious consideration for investing in IKN. Including pioneer investors, by the time...

A reporter asked a question about recent media reports that Indonesia will impose high tariffs on imports from China. Minister Luhut, who leads Indonesia's cooperation with China, has made a public clarification, saying that China is Indonesia's most important trade and...

The Minister of Manpower (Menaker) expressed her appreciation for Huawei's compliance with applicable regulations over the past 24 years of doing business in Indonesia, a message she conveyed during her recent meeting with Huawei's President of Global Government Affairs in Shenzhen, China. This performance can be seen in Huawei's corporate...

Director General of Plantation Products Processing and Marketing, Directorate General of Plantation, Ministry of Agriculture (Kementan) revealed that Indonesia's stock of large red chili peppers is at a critical low level, a situation that is expected to last until September 2024. He said this month Indonesia's stock of large red chili is at a critical...

The Director General of the Fiscal Policy Bureau of the Ministry of Finance has said that the government is still discussing the imposition of higher import tariffs on various products from China. Asked about the discussion on imposing 200% import duties on Chinese products, he said it was still under discussion with the relevant ministries, i...

  The Minister of Manpower is exploring opportunities to transfer productive age human resource capacity from China. She discussed potential cooperation during a working visit to the Shanghai International Training Center (SITC) on Friday. Indonesia will work with SITC...

Economic observers have found that Indonesia is often flooded with imports from China, threatening domestic industries, but imposing import tariffs of up to 200% is not seen as a solution. The executive director of the Center for Economic Reform (Core) said the ASEAN-China...

The chairman of the Association of Indonesian Fiber and Filament Producers (APSyFI) said that 21 textile companies in Indonesia have now closed and 31 textile factories are under threat of closure. Since the end of 2022, the level of capacity utilization of textile mills has started to go down...