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Prabowo Warned Against Easing Local Content Policy Just To Make Trump Happy

... Jakarta Globe, senior economist Bhima Yudhistira said that Indonesia could find ... the local content policy,” Bhima told the Globe on ... the battery ecosystem industry,” Bhima said. He believes that ... arms supplier, according to Bhima. In 2023, Indonesia even ...
Business Apr 11, 2025 | 5:09 pm

Time for Indonesia to Export More Footwear as Trump Delays 32 Pct Tariff

... return in July, senior economist Bhima Yudhistira said. “It’s best for ... exports such as on footwear,” Bhima told the Jakarta Globe on ... [impact of the] reciprocal tariffs,” Bhima said. Throughout 2024, Indonesia posted ...
Business Apr 10, 2025 | 1:35 pm

Indonesia Seeks to Negotiate with US over Trump’s New Tariffs

... ’s latest trade move. Analyst Bhima Yudhistira called for such talks, although ...
Business Apr 3, 2025 | 8:57 pm

Indonesia Told to Get Closer to BRICS After Trump Unveils 32 Pct Tariffs

... the Jakarta Globe, analyst Bhima Yudhistira said that Indonesia should try ... [GCC] as an alternative,” Bhima said. BRICS has Brazil, Russia ... to raise the tariffs, Bhima said that would be an ... if there is another increase],” Bhima said. US President Donald Trump ...
Business Apr 3, 2025 | 7:01 pm

US Tariffs to Hit Indonesian Auto and Electronics Exports

... US market, according to Bhima Yudhistira, executive director of the ... and Law Studies (Celios). Bhima said the tariffs, announced ... sectors are in jeopardy,” Bhima said. Citing Celios data, ... production capacity and layoffs.” Bhima also warned that labor- ...
Business Apr 3, 2025 | 2:34 pm

Stalling Small Enterprises Lead to Drop in Eid Travelers: Analyst

... the next few years. Bhima Yudhistira, the executive director at ... the hometowns, according to Bhima. The expert warned that ... the weakening Eid economy, Bhima advised the government against making ... fiscal year. According to Bhima, the government should consider ...
Business Mar 28, 2025 | 8:27 am

Eid Travel and Spending Decline in 2025, Government Pushes Stimulus

... belt too much,” he added. Bhima Yudhistira, Executive Director of the Center ...
Business Mar 27, 2025 | 5:09 pm

Frugal Ramadan Spending Puts Pressure on Indonesia's Economy

... Savings Over Spending According to Bhima Yudhistira, Executive Director of the Center ... creating an uncertain economic outlook," Bhima told B-Universe Media Holdings ... recently. Bhima also noted that many consumers ...
Business Mar 19, 2025 | 2:39 pm

Trump’s EV Policy Reversal Threatens Indonesia’s Nickel Industry and Green Energy Transition

... Indonesia’s nickel downstream industry. Bhima Yudhistira, Executive Director of Celios, ... smelters and battery plants. Bhima said the IRA previously raised ... of domestic EV components,” Bhima added. As US interest ... is poised to grow. Bhima said China’s economic ...
Business Jan 28, 2025 | 4:00 pm

Celios: VAT Hike Could Increase Monthly Spending by $22 for Middle Class

... highest VAT rate,” Media added. Bhima Yudhistira, the Executive Director of Celios ... , PPh 21, and customs duties,” Bhima said. The government estimated that ... 75 trillion of tax revenue. Bhima mentioned that the government’s ...
Business Dec 17, 2024 | 6:08 pm

Indonesian Nickel Has Better Chance of Entering US Market if Harris Wins

... it met its green standards, Bhima Yudhistira, the executive director at the ... its critical mineral smelters. Bhima attributed Indonesia’s sluggish approach ... [environmental, social, and governance] standards,” Bhima said. FILE - Republican presidential nominee ...
Business Nov 5, 2024 | 11:34 am

Economist Advises Indonesia Against Joining BRICS as Malaysia Seeks Membership

... take their time, economist Bhima Yudhistira advised Jakarta against joining BRICS ... Javan capital of Surabaya. Bhima said that China’s growing ... ‘free and active’ stance,”Bhima, who is also the ... of Presidential Press Bureau) Bhima then warned about the internal ...
Business Jun 19, 2024 | 3:33 pm

Mandatory Housing Saving Tapera to Spark Huge Job Losses: Think-Tank

... sectors,” Celios’s executive director Bhima Yudhistira said. According to Celios’s ...
Business Jun 4, 2024 | 11:19 am

Rupiah Declines Against Dollar Amid Geopolitical Unrest

... , and hinder global economic growth. Bhima Yudhistira, Executive Director of the Center ... the rupiah exchange rate," explained Bhima Yudhistira on Sunday. "Consequently, the rupiah ...
Business Apr 16, 2024 | 11:51 am

Jokowi Calls for Internal Meeting to Prepare for Economic Fallout from Iran-Israel Conflict

... a virtual conference on Monday. Bhima Yudhistira, Executive Director of the Center ... the rupiah exchange rate," explained Bhima Yudhistira on Sunday. "Consequently, the rupiah ...
Business Apr 16, 2024 | 9:55 am

Indonesian Economy to Slow at 4.6 Pct if Middle East Crisis Worsens: Experts

... of physical goods,” Bambang said. Bhima Yudhistira, the director of the think ... 4.8 percent this year,” Bhima told the Jakarta Globe via ...
Business Apr 15, 2024 | 5:37 pm

Celios Warns Rupiah Could Dip to Rp 17,000 Due to Iran-Israel Conflict

... ,000 per dollar ($1.06). Bhima Yudhistira, the Executive Director of the ... the rupiah exchange rate," explained Bhima Yudhistira on Sunday. Oil prices experienced ...
Business Apr 15, 2024 | 11:04 am

Economists Call for More Middle-Class Economic Protection

... season when demands are high. Bhima Yudhistira, Director of the Center of ... class, to drive economic growth. Bhima also noted that the upper ... sensitivity to interest rates," said Bhima in late 2023. Currently, some ...
Business Feb 28, 2024 | 5:07 pm

Domestic Reforms Biggest Challenge for Indonesia's OECD Membership: Expert

... impact Indonesia’s OECD candidacy. Bhima Yudhistira, the executive director of the ... the middle-income trap. However, Bhima admitted that Indonesia had a ... licenses, business competition, and trade,” Bhima said. “Even Brazil has to ...
Business Feb 26, 2024 | 5:11 pm

Indonesia Needs to Incentivize EV Battery Recycling Industry: Expert

... ) batteries, according to an expert. Bhima Yudhistira, the executive director of the ... 7-15 years,” Bhima said in Jakarta. Bhima said the Indonesian government ... export duty on recycled batteries,” Bhima said. Indonesia is home to ...
Business Feb 20, 2024 | 6:15 pm
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