Business News

Ministry tightens rules on sandals, textiles, home appliances over safety concerns

The Trade Ministry has issued new regulation requiring safety checks and labeling for electronic devices and goods containing hazardous chemicals, including rice cookers, rubber sandals and mattresses. The regulation, which will take effect on Aug. 14 2019, applies to local producers and importers."The ministry is requiring local producers and importers…

Govt to use online platform to sell items made by inmates

The government plans to promote items produced by inmates through e-commerce platforms to help the prisoners adjust back to regular life and earn a living once they are released from prison.Business empowerment for convicts has been a recurring program run by the Law and Human Rights Ministry for the last…

Traders required to pay taxes, although e-commerce rule canceled

Finance Minister Sri Mulyani has stressed that the cancellation of the e-commerce tax regulation would not apply to those sold products through online marketplaces and social media platforms.“We’re giving the same treatment to businesses offering products through online marketplaces and social media platforms,” Sri Mulyani said recently as quoted by…

Indonesia sets target to export 450,000 cars in 2019

Trade Minister Airlangga Hartarto has said his ministry set a target to increase car exports to 450,000 this year. In the previous year, the country saw 346,000 car exports with total profits at US$4.78 billion.According to the Association of Indonesian Automotive Manufacturers, the export of completely built units in 2018…
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