Business News
West Java Records USD 3.07 Billion Non-Oil and Gas Exports in June
The Department of Industry and Trade (Disperindag) of West Java has reported that the value of non-oil and gas exports in its region reached USD 3.07 billion in June 2023, predominantly driven by vehicle and spare parts commodities. The export of vehicle and spare parts commodities contributed around USD 644…
Minister of Finance Prepares Regulation for Tax-Free Import of Complete Electric Cars
The Minister of Finance, Sri Mulyani Indrawati, is in the process of formulating regulations regarding fiscal incentives to enable tax-free imports of complete electric cars (CBUs). There will be a Minister of Finance regulation later, in accordance with our latest cabinet meeting, as stated by the Minister of Finance after…
Indonesian Furniture Exports Targeted to Reach USD 5 Billion by 2024
The Indonesian Furniture and Craft Industry Association (HIMKI) is currently seeking opportunities to boost furniture export targets to USD 5 billion by 2024 from the achievement of USD 3.5 billion in 2022. In pursuit of this goal, the furniture industry players are facing challenges from the lingering effects of the…
Indonesia and Mexico Expand Economic Cooperation at the 8th Bilateral Consultation Forum
Indonesia and Mexico have agreed to enhance closer cooperation in the fields of trade, investment, and people-to-people contacts, including education, tourism, and exchange of educators and students. This consensus was reached during the 8th Bilateral Consultation Forum between Indonesia and Mexico held in Jakarta on August 29. During this meeting,…
