Chinese smart energy company opens first factory in Indonesia
Wisepac held the opening ceremony of PT Willfar Indonesia factory in Bekasi Industrial Park. The chairman of Wisepac emphasized the importance of the Indonesian market and the strategic significance of the opening, saying that the factory is equipped with the advanced manufacturing capability of the whole process, and will play a role in...
Hunan China Tobacco "Hibiscus King" officially entered Indonesia!
"King Hibiscus" and "He Tianxia" open a new chapter in the Indonesian market! Hunan China Tobacco's high end cigarette brands "King Furong" and "He Tianxia" have officially launched their products in the Indonesian market! The products are imported from China...
Indonesia takes multiple steps to deal with high U.S. tariffs
President Prabowo has planned a series of measures in response to the U.S. import tariff policy, aimed at improving the competitiveness of the country's economy and promoting economic growth. He has called for a relaxation of the Total Kit Domestic Negative (TKDN) rule, arguing that the policy, while starting from a...
Indonesia's plan to scrap import quotas still in discussion stage
President Prabowo has called for the elimination of import quota regulations involving essential goods for the population, arguing that businesses with the capacity to do so should be given the freedom to import, reduce cumbersome bureaucratic procedures, simplify the import process, and create a more liberal business environment for businesses,...
Chinese firms sailing to Indonesia have limited impact from tariffs
Chinese company Kaerun is mainly engaged in the research and development, design, production and sales of casual bags, suitcases and other products, the business model is divided into OEM manufacturing and branding operations.2024 the company's sales revenue in the U.S. market accounted for about 15%, and more...
Indonesia Plans to Resolve Tariff Issues Through Negotiations and Procurement
The U.S. imposed 32% import tariffs on Indonesia because Indonesia has a $17 billion trade surplus with the U.S. President Prabowo said Indonesia has a strong negotiating strategy, offering to buy $17 billion in U.S. products to balance the trade surplus. Indonesia ...
Anhui to strengthen investment and cooperation in East Kalimantan
Sun Yong, the vice governor of China's Anhui Province, has once again visited East Kalimantan Province in Indonesia to promote matters related to cooperation between the two sides. The vice governor of East Kalimantan province said that the cooperation with Anhui province started a few years ago, and this visit is a good follow-up to the previous...
Guangxi and Indonesia strengthen cooperation in artificial intelligence
Indonesia-China relations continue to heat up in the tech sector, as a delegation from Nanning, capital of China's Guangxi Zhuang Autonomous Region, has just concluded an intensive visit to Indonesia aimed at deepening cooperation in the fields of Artificial Intelligence (AI) and the digital economy. The two sides held...
Strong alliance! Thousand Islands Enterprise Services and XTransfer, a well-known cross-border financial service platform, have reached a cooperation agreement.
On April 3, Thousand Islands Enterprise Services and XTransfer, a financial service platform focusing on B2B cross-border trade collection and payment, held a cooperation signing ceremony in Guangzhou. For a long time, Chinese enterprises doing business in Indonesia often face complicated exchange processes, scrutiny...
Chinese e-commerce giants make a big push into Indonesia
Indonesia e-commerce compound annual growth rate of about 17%, the next decade is expected to be the "Golden Decade", Ramadan during the e-commerce consumption of up to 70 billion to 73 billion U.S. dollars, per capita consumption of about 300 U.S. dollars, per capita disposable income of 2,869 U.S. dollars in 2023, consumption...
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