Indonesia's plan to impose 200% tariffs on Chinese imports still under discussion
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...
China and India to strengthen cooperation in the field of human resources
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...
Indonesia Completes World's Largest Copper Smelter, Strengthens Mining Leadership Position
Indonesia has established itself as a global mining leader by building the world's largest copper smelter, recently inaugurated by PT Freeport Indonesia in Gresik, East Java. The smelter is not only the largest of its kind...
BAE to launch three electric vehicles in Indonesia this year
[Compass News] July 6, 2024 - Aion has announced that it will launch three new electric vehicles in the Indonesian market by the end of this year.Aion is a company dedicated to the production and distribution of electric vehicles, and this new launch...
Indonesia denies imposing 200% import tariffs on China
[Antara news agency] The Indonesian government has denied allegations of 200 percent import tariffs targeting China. Indonesia's Finance Ministry said the government's import tariff policy does not target any particular country, but is based on the type of goods and...
Chinese company sets record for world's largest single excavator order in Indonesia
Jhonlin Group, a company owned by Andi Syamsuddin Arsyad alias Haji Isam, has purchased thousands of excavators from Chinese heavy equipment manufacturer Sany Group. The purchase was made by Haji Isam in 2024...
Economists question high tariffs on Chinese imports
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...
PDA says: will Indonesia's top 200% tariffs be implemented on the ground?
According to a report by Indonesia's state news agency, on June 28 Indonesia's Trade Minister Hassan told the media that in order to protect the local manufacturing industry, new trade regulations will be introduced in the next one to two days on cosmetics, textiles, clothing, shoes...
More than 150,000 employees in Indonesia's textile industry are unemployed and laid off
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...
Indonesia's durian exports to China worth $8 billion
Indonesia, one of the world's leading producers and exporters of durian, aims to increase the value of durian agriculture across the country, especially for the Chinese market. To achieve this goal, Indonesia plans to make the durian, nicknamed the "king of fruits,"...