Trade Minister Says Task Force Focuses on Major Wholesalers and Importers
The Minister of Trade (Mendag) stated that the special task force (Satgas) for supervising illegal imported goods is not targeting retailers. Instead, it will focus on monitoring the activities of importers, distributors, or wholesalers of seven regulated commodities. These seven commodities are textiles and textile products (TPT), ready-made garments, ceramics, electronics, beauty or cosmetic products, textile finished products, and footwear. The focus of supervision is on importers or distributors, so he urged traders selling these seven legal commodities not to worry about the existence of the task force. Furthermore, he revealed that the newly established special
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Boss Says: Indonesia's Crackdown on Illegal Imports Will Last Six Months
Breaking news: On July 19, Indonesian Minister Hasan officially announced the establishment of a special task force to crack down on illegal imported goods, effective from July 18 until December 31, 2024. It appears the crackdown will last for about six months, causing many entrepreneurs involved in Indonesian trade and e-commerce to break out in a cold sweat. Members of the special task force come from 11 ministries and agencies of the Indonesian government, namely: the Ministry of Trade; the Attorney General's Office; the Indonesian National Police; the Ministry of Finance; the Ministry of Industry; the Ministry of Law and Human Rights;
Boss Wang Says: Constant Turbulence – What's Next for Indonesia's Trade Business?
Indonesian trade business – is it too difficult? Over the past week, news of government departments cracking down on illegal imported products has constantly shaken the nerves of traders and e-commerce practitioners. To be safe, many offline wholesale stalls have started to close their doors tightly, and many overseas warehouses have also suspended operations. Just last month, at the end of June, Indonesia's Trade Minister called for imposing safeguard tariffs of 100-200%. Indonesia's trade policies and regulatory enforcement have been in constant turmoil. What is the real reason behind this? Let Boss Wang try to explain: Many believe that the trade turmoil is due to the upcoming government transition in Indonesia, with different stakeholders facing a reshuffle. That may have some influence, but Boss Wang believes the core issue is the Indonesian government's pressure to maintain employment. According to Indonesian media reports, 36 textile factories have closed in the past two years, and 31 are on the verge of closure. In 2023 alone, at least 150,000 textile workers in the textile and garment industry lost their jobs. Meanwhile, in the building materials sector, 7 ceramic tile factories have announced production halts. Indonesian society believes the reason is that imported textiles and building materials, with their price and quality advantages, have impacted local industries.
Different Ticket Prices and Purchasing Methods for the Indonesia International Auto Show
rnrnThe 2024 Gaikindo Indonesia International Auto Show (GIIAS) officially opened on Thursday, July 18, 2024. GIIAS is a world-scale automotive exhibition. The first series of GIIAS 2024 is held at the BSD International Convention and Exhibition Center (ICE) in South Tangerang. The auto show will run from July 18 to July 28, 2024, followed by GIIAS Surabaya from August 28 to September 1, 2024 at Surabaya Grand City Convex. Then GIIAS Bandung will be held from September 25 to 2
Boss Wang Says: The Importance of Compliance – Indonesia Cracks Down on Illegal Imports
Is Indonesia going to crack down hard on illegal imports? Yes, on July 17, Indonesian Trade Minister Zulkifli Hasan told the media that a special task force to combat illegal imports would be officially established on July 19 in coordination with major regulatory agencies. What exactly is the plan? Let Boss Wang explain in detail: First, Trade Minister Zulkifli Hasan stated that he had previously held closed-door meetings with the Chief of the Indonesian National Police and the Attorney General to seek law enforcement support. The plan is to form a special task force involving 19 Indonesian institutions, including the Ministry of Trade, Ministry of Industry, National Police Headquarters, Attorney General's Office, and the Indonesian Chamber of Commerce and Industry (KADIN), to strengthen oversight on textiles and textile products, clothing and apparel accessories, ceramics, electronics, footwear, cosmetics, and other finished textile products. The task force is expected to be officially established on July 19.
TikTok Reportedly Plans to Enter Southeast Asia's Online Travel Agency Market
TikTok, the social commerce platform from China, stated that it currently has no plans to acquire any Indonesian online travel technology (OTA) company. It also did not respond to rumors about expanding into flight, restaurant, and hotel booking services. According to reports, TikTok is developing a new business to enter the flight booking and hotel accommodation market in Jakarta, Bangkok, and Singapore. An anonymous source from the South China Morning Post said that the way to achieve this goal is to partner with third parties. A TikTok spokesperson said that they currently have no plans to acquire local
The Success Story of a Chinese Team Building Indonesia's Largest Ice Cream Brand
AiXue, Indonesia's largest ice cream brand, was built by a team from China? Yes, that's correct. It is also the brand founded in 2015 by Mr. Wang Jiacheng and his team, who were special guests on the CCTV-2 talk show "Departure to Indonesia" aired in July. Today, Manager Wang will share the details with you. First, in 2015, a startup team of over 10 people from China, most of whom had previously worked at Mengniu, started from scratch in Indonesia, beginning in a 15-square-meter underground garage, and founded AiXue Ice Cream Company. They achieved a remarkable 60-fold growth in just 7 years, becoming Indonesia's largest ice cream brand. The leader of this team is Mr. Wang Jiacheng. Recalling the early entrepreneurial journey, Mr. Wang spoke with deep emotion.
Indonesia's Ministry of Trade Joint Task Force Focuses on Cracking Down on Seven Categories of Illegal Imported Goods
The Special Staff of the Ministry of Trade for International Trade Agreements stated that a special task force to eliminate illegal imported goods will soon be established. The final draft regulating the work of this task force has been completed and is awaiting the signature of the Minister of Trade. He hopes this can be done within one to two days. The final draft is ready; it only needs the Minister of Trade's approval, and they can start working immediately. The task force will work to prevent unauthorized imported goods from entering the country. In addition to implementing Anti-Dumping Import Duties (BMAD) and Safeguard Import Duties (BMTP), this task force is also part of the plan to resolve disputes over illegal imports.