Business News
Trade Ministry Urges Businesses to Report Imported Goods Receiving Subsidies
The Ministry of Trade (Kemendag) has encouraged Indonesian business players to report any imported products suspected of receiving foreign subsidies. Director General of Domestic Trade, Iqbal Shofwan Shoffan, emphasized that the government has established several trade protection instruments to safeguard local industries. Speaking at the IKEA Made in Indonesia: From…
Response of Parliament and Government Regarding the Judicial Review of Agricultural Commodity Import Provisions
The Indonesian House of Representatives (DPR) presented its explanation during the Constitutional Court hearing on the judicial review of the Job Creation Law (Law No. 6/2023), emphasizing that the business licensing system for managing coastal and small island areas remains in line with previous Constitutional Court rulings. DPR member Nasir…
Celios Sees Rising Capital Goods Imports as Positive Signal for Industrial Expansion
The Center of Economic and Law Studies (Celios) views the increase in Indonesia’s imports from January to September 2025—driven mainly by higher capital goods purchases—as a positive indicator of ongoing industrial expansion. Celios Executive Director Bhima Yudhistira stated that this surge suggests industries are gearing up to enhance production capacity,…
Indonesia’s imports rise stronger-than-expected, up 7.17% year-on-year in September
Indonesia recorded an import rise of 7.17% year-on-year in September, with imports reaching USD 20.34 billion, surpassing economists’ expectations of around a 1% increase. At the same time, exports grew by 11.41% to USD 24.68 billion, also outperforming the forecast of 7.72%. The trade surplus for the month stood at…
