Business News

FOOTWEAR EXPORTS TO EXPAND THIS YEAR

Industry Minister Airlangga Hartarto is optimistic the exports of footwear products will increase to US$6.5 billion this year and reach $10 billion in the next four years. “Moreover, Indonesia has signed the CEPA with Australia and the European Free Trade Association [EFTA]. This has the potential to expand the export…

GOVERNMENT URGES 'EXPLOITATION' OF START-UPS TO DRIVE REGIONAL TOURISM, ECONOMIES

The government is pushing regional administrations to exploit the country's numerous digital start-ups to boost local tourism and empower local economies to drive economic growth. The digital economy was key to the global tourism industry, as well as Indonesia's tourism industry, as it helped the sector to grow more rapidly…

Draft Regulations for Job Positions of Foreign Workers in Indonesia

On March 14, 2019, the Indonesian Italian Business Association (IBAI) was invited by the Indonesian Ministry of Manpower with other international chambers such as the American Chamber (AmCham), Australia Indonesia Business Council (IABC), Canadian Chamber of Commerce (ICCC), European Rooms (EuroCham), French Indonesia Chamber of Commerce and Industry (IFCCI),  Jakarta…

Jokowi Considers Establishing Ministries for Investment, Exports

President Joko “Jokowi” Widodo said he was considering forming new ministries to tackle a decline in investment and weak export growth. Jokowi, who is seeking reelection in the April 17 presidential election, said he had shared the idea with ministers recently. “I expressed it last week during a Cabinet meeting…
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