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Indonesia's Ministry of Trade Joint Task Force Focuses on Seven Categories of Illegal Imports

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...

Congratulations on the 2nd Anniversary of Jiangsu Chamber of Commerce in Indonesia!

On July 13, 2024, the 2nd Anniversary Celebration of Jiangsu Chamber of Commerce in Indonesia was held in Sun City, Jakarta. In the past two years, Jiangsu Chamber of Commerce in Indonesia has taken the mission of promoting the development of Jiangsu enterprises in Indonesia, and has continuously promoted the exchanges among member enterprises...

Indonesia's new national capital has land operating rights of up to 190 years

Indonesia's Minister of Trade (Mendag) hopes that the two-cycle, 190-year license for the right to use the operating right (HGU) of the new national capital (IKN), which has already been signed by President Joko, will make potential investors more willing to invest, and that many investors are interested in...

Guide to Foreign Investment Cooperation - Indonesia 2023 Edition

Before you prepare to invest and cooperate in The Republic of Indonesia (hereinafter referred to as "Indonesia"), you need to understand the political, economic and socio-cultural environment of Indonesia, the local foreign trade...

Indonesia's new national capital has now received 421 investment letters of intent

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...

Indonesia's pharmaceutical industry still highly dependent on imported raw materials

Indonesia's pharmaceutical manufacturing industry still relies heavily on imported raw materials to produce medicines, and the upstream pharmaceutical API industry is not yet developed enough to supply the raw materials needed for downstream pharmaceutical manufacturing. Indonesia needs continued investment in the development of pharmaceutical raw materials...

Foreign Ministry responds to Indonesia's high tariffs on Chinese goods

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...

China's leading central company helps Indonesia's artificial intelligence development

On July 5, during the 2024 World Artificial Intelligence Conference (WAIC), China Mobile held an ecological forum with the theme of "AI Empowerment, Creating the Future", at which China Mobile and Indonesia's Cotai Group formally signed a contract to establish a joint AI...

Indonesia's Manpower Minister Appreciates Chinese Companies' Compliance with Indonesian Regulations

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...

Indonesia's red chili stocks to be at low levels

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...
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