# trade

Import Restrictions in Indonesia Face Backlash Over Extortion Concerns

Indonesia's latest import restriction has raised concerns about its potential to deter tourism and has sparked fears of extortion.
Business Mar 25, 2024 | 10:35 am

MUI Urges Boycott of Israeli Dates During Ramadan

MUI has called for a boycott of Israeli dates during the holy month of Ramadan
News Mar 13, 2024 | 10:14 am

Indonesia Calls for Reactivation of WTO’s Appellate Body

Since 2017, the US has been blocking appointments of new judges to WTO's seven-membered appellate body.
Business Mar 5, 2024 | 1:15 pm

Airlangga Hartarto Targets 2025 Completion for Patimban Toll Road

Airlangga is targeting the connection of Patimban Port to the toll road by 2025.
Business Jan 24, 2024 | 5:25 pm

Global Trade Is Facing Complex Challenges in 2024

WTO Director-General Ngozi Okonjo-Iweala called on member countries to roll back recent food export restrictions.
Opinion Jan 22, 2024 | 3:37 pm

New Monopoly Watchdog Chief Focuses on Mining and Construction Oversight

The new KPPU chief will prioritize oversight of the mining, gas, electricity, and construction sectors in the initial 100 days of his term.
Business Jan 18, 2024 | 3:38 pm

BPS Reports 33.46% Drop in 2023 Trade Surplus

For the past four consecutive years, Indonesia's trade balance has consistently shown a surplus.
Business Jan 15, 2024 | 12:56 pm

Toyota Indonesia Aims to Export 300,000 Cars in 2024

Toyota Indonesia shipped 285,000 completely built-up (CBU) vehicles to 100 countries in 2023.
Business Jan 11, 2024 | 9:59 am

Gaikindo Anticipates 1 Million Car Sales in 2023, Eyes 10 Pct Growth in 2024

Gaikindo is anticipating car sales to reach 1 million units in 2023, a figure similar to the previous year
Business Jan 4, 2024 | 3:19 pm

Indonesia Maintains Trade Surplus for the 43rd Consecutive Month

The surplus figure as of November 2023 reached $33.63 billion.
Business Dec 15, 2023 | 1:56 pm

Trade Balance Sees $3.4B Surplus in October

In the ten months ending October, Indonesia’s trade surplus totaled $31.22 billion, down from $45.44 billion in the same period last year.
Business Nov 15, 2023 | 4:08 pm

Books, Software, and Films Priced Under $100 Exempt from Cross-border Online Trade Ban

The government has made exceptions for specific products outlined in the so-called "positive list of goods."
Business Nov 1, 2023 | 2:16 am

Made-in-Indonesia Wound Treatment Gel Makes Way to S. Korea

The first batch of delivery saw Menarini sending as many as 90,000 units of their made-in-Indonesia Dermatix gel to South Korea.
Business Oct 27, 2023 | 7:14 pm

Indonesia Posts Trade Surplus for 41 Months in A Row

Indonesia has maintained a trade surplus for 41 consecutive months, even in the face of a declining trend in export
Business Oct 16, 2023 | 2:25 pm

Trade Minister Engages with Traders After Banning Social Media Companies from E-Commerce Activities

The dispute between TikTok and the government took a new turn after a minister accused the platform of mobilizing social media influencers.
Business Sep 29, 2023 | 12:54 pm

Capital Raising at IDX Totals $10 Billion in Past 7 Months

The IDX has received 51 new members over the past seven months alone.
Business Jul 30, 2023 | 11:22 pm

Indonesia Launches Its First Crypto Bourse

The government has granted a permit to Commodity Futures Exchange (CFX) to manage the crypto asset bourse.
Tech Jul 28, 2023 | 5:10 pm

Gov’t Mulls $100 Floor Price for Cross-Border E-Commerce

Indonesian e-commerce retailers will be prohibited from facilitating cross-border trade to create a level playing field with SMEs.
Business Jul 27, 2023 | 9:38 pm

Exports Drop Due to Falling Commodity Prices: Minister

Exports to all regions in Asia have been on the rise, especially in western Asia where Indonesia’s exports jumped by nearly 75 percent.
Business Jun 17, 2023 | 6:28 pm

Indonesian Auto Sales Top 82,000 in May

Astra Group, which relies heavily on Toyota and Daihatsu vehicles, sold 46,873 cars to control 57 percent of the market share.
Business Jun 16, 2023 | 9:44 pm

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