#Trade
Labor union backs Finance Minister’s plan to curb used clothing imports
The Indonesian Confederation of Muslim Workers' Unions (Sarbumusi) has voiced its support for Finance Minister Purbaya Yudhi Sadewa’s plan to issue a regulation restricting widespread circulation of imported used clothing, calling it a necessary move to revive the struggling domestic textile industry.
Jacoweek 2025: A landmark of brewing passion, Indonesia’s rising coffee industry
The Jakarta Coffee Week (Jacoweek), the largest coffee festival in Indonesia, is back. The annually held festival − this year marks its 10th anniversary − is a testament of the growing importance of Indonesia’s coffee industry in strengthening the people’s economy and promoting creative industry growth.
Purbaya to tighten crackdown on illegal used clothing imports
Minister of Finance Purbaya Yudhi Sadewa has announced plans to impose stricter measures to combat illegal importation of used clothing, signaling a firmer government stance to protect domestic textile industry and small businesses.
Inacraft targets global expansion amid declining revenue
Despite a decline in revenue targets, organizers of Inacraft, Indonesia’s largest handicraft exhibition, remain confident in the resilience of both participants and international buyers as they prepare to expand the event globally.
Government targets US$16.5 billion in trade deals at TEI 2025
The Ministry of Trade is targeting a 10 percent increase in transaction value at the 2025 Trade Expo Indonesia (TEI), aiming to secure US$16.5 billion (Rp277.7 trillion).
Crypto asset oversight switched to OJK, Bappebti focuses on commodity-based Futures trading
The Commodity Futures Trading Regulatory Agency (Bappebti) is set to focus on its core function after its tasks of regulation and supervision of digital financial assets, including cryptocurrency and financial derivatives, have officially been transferred from the agency to the Financial Services Authority (OJK) and the Indonesian Central Bank (BI).
Trade minister says food tray imports could be halted if pork fat proven
Trade Minister Budi Santoso said food tray imports could be suspended if inspections confirm the use of pork-based oil in their production, a statement msde amid controversy surrounding stainless steel trays used in the government’s Free Nutrition Meals (MBG) school program.
Trade ministry proposes SNI standard for food trays amid contamination concerns
The Ministry of Trade has proposed the introduction of an Indonesian National Standard (SNI) for all food trays, both imported and domestically produced, following reports that some trays used in the government’s Free Nutritious Meals (MBG) program may contain pork fat.
Indonesia confident EU will comply with WTO ruling on biodiesel tariffs
The Ministry of Trade is confident that the European Union (EU) will comply with the World Trade Organization (WTO) ruling on a dispute with Indonesia over countervailing duties imposed on its biodiesel exports.
Government eyes win-win energy trade deal with U.S. following tariff agreement
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia has vowed to ensure that the recently brokered trade agreement between President Prabowo Subianto and U.S. President Donald Trump would bring tangible benefits to Indonesia’s energy sector, particularly in securing strategic imports while exploring new export opportunities.
Indonesia sees U.S. trade deal as golden opportunity for agriculture sector
Indonesia’s recent trade agreement with the United States, valued at US$4.5 billion, is being hailed as a major opportunity for the country’s agricultural sector, following the reduction of import tariffs on Indonesian products by Washington.
Trump cuts Indonesia tariffs to 19%, in exchange for multibillion U.S. export goods
U.S. President Donald Trump on Tuesday, July 15, Washington time, announced a new trade deal with Indonesia, confirming that tariffs on Indonesian goods entering the United States would be set at 19 percent down from the previously threatened 32 percent, while U.S. exports to Indonesia will face no tariffs or trade barriers.