Wednesday, May 29, 2024

Tag: International Trade

PT Mayora Indah Tbk (MYOR) is trying to explore and expand its market to Nigeria, West Africa, through Mayora Nigeria Ltd. […]
The government intends to offer even more enticing incentives, particularly for the four natural resources sectors that are obligated to retain foreign exchange earnings domestically for 3 months. […]
Indonesia, Malaysia, and the European Union (EU) have reached an agreement to establish an Ad Hoc Joint Task Force (JTF) concerning the European Union Deforestation Regulation (EUDR). […]
Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Pandjaitan, has issued a warning of potentially redirecting dairy imports from the European Union (EU) to other countries like Australia. […]
The Commodity Futures Trading Regulatory Agency (Bappebti) has revealed plans for collaboration with Malaysia in the launch of Indonesian crude palm oil (CPO) exchange. […]
The Indonesian government will tax cross-border products bought from social commerce platforms, and will impose restriction based on the product’s value. […]
Minister Erick Thohir inaugurates a joint office for SOEs located within the premises of the BNI Branch in Hong Kong, at the Far East Finance Center, 16 Harcourt Rd, Admiralty, Hong Kong. […]
Indonesian businesses are raising concerns over EU’s new deforestation law, which obliges countries to provide geolocation data of where their products were produced. In addition, with the new law, companies will only be allowed to sell products in the European Union if the supplier of the product has issued a so-called “due diligence” statement confirming that the product does not […]
One of the industrial sectors showing significant growth in Indonesia is health and beauty products. Especially beauty products have become an indispensable feature of an individual’s lifestyle. In addition, the growing awareness of individual beauty is one of the main driving factors for the use of beauty products in the global market. Together with everyone, both women and men, there […]
Now PT Perusahaan Listrik Negara (Persero) (“PLN”) and other electricity companies that want to increase their business by selling electricity across countries have been allowed by the government on condition that local electricity needs have been met, but it also has to get the permission of the Minister of Energy and Mineral Resources first. However, some time ago, the Minister […]
The tourism service business is one of the most potential business opportunities in Indonesia. In fact, almost all tourism services in Indonesia are full of enthusiasts. This bustling business cannot be separated from the fact that Indonesia has extraordinary natural beauty, along with its cultural diversity and uniqueness which is now an attraction for domestic and foreign tourists. On average, […]
Franchising has become one of the most prominent business models in recent years, particularly in sectors such as food & beverage (F&B), education, fashion and modern lifestyle. The franchise business model is becoming an increasingly popular method of entering the Indonesian market for both local and foreign investors. Foreign retail brands and service providers who have seen weak demand in […]
Airline rental prices by airlines in Indonesia have recently sparked public curiosity. Based on SINDOnews’ search, the price of aircraft rental is indeed high. Aircraft rental prices vary depending on the type of aircraft, ranging from Rp. 1.7 billion to more than Rp. 18 billion per month. Although expensive, aircraft rental is indeed the cheapest option for local airlines to […]
When talking about banking and finance, it is closely related to financing or financing transactions. The financing transaction or financing is closely related to drafting, loan agreements, whether bilateral or syndicated. Loan agreements or credit agreements can vary, such as bilateral, syndicated, and others. […]
In 2020, it was estimated that Indonesia’s total imports amounted to US$ 141.6 billion and Indonesia’s total exports amounted to US$ 163.3 billion. Indonesia’s growing economy is undoubtedly an appealing factor for foreign investments, particularly the import-export industry. In this article, we will discuss the requirements and processes needed to set up an import or export company in Indonesia and […]
The sea is one of the preferred transportation for traders to transfer goods and services by ship as a means of transport due to the higher capacity offered. However, it has high risks at sea. This article will explain the governing law and regulation in understanding the provisions in maritime law to carry out transportation and international trade activities.  […]
Honorary titles become less and less popular. Being addressed with those titles is also seen as a snobbish act. The abolition of honorary titles has made interactions a lot simpler and avoiding embarrassment when the incorrect title was used. […]