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Indonesia’s Trade Balance Surplus from Switzerland Reaches US$1.34 Billion
Surprisingly, in the midst of the pandemic situation, Indonesia recorded a trade surplus from Switzerland of US$1.34 billion equivalent to Rp19.11 trillion last year....
The UK and The European Union Have Signed Brexit Trade Agreement
The UK and the European Union signed a Cooperation and Trade Agreement after Brexit on Wednesday (30/12).
The deal was signed a day before the...
Jokowi Ratifies DKJ Law, Jakarta Still Holds Capital Status
President Joko Widodo (Jokowi) has signed off on Law No. 2/2024 regarding the Special Capital Region of Jakarta (DKJ) on April 25, 2024. This...
De-dollarization Continues, Cross-Border LCT Transactions Surge by Over 100%
In a bid to lessen reliance on the US dollar (de-dollarization), Indonesia is ramping up efforts in Local Currency Transactions (LCT). The latest data...
While No Longer the Capital, Development in Jakarta is Ensured to Remain Massive
The development of the Jakarta area is assured to remain massive despite the capital city status moving to the Nusantara Capital City. This assurance...
Amidst Much Controversy, the Government Will Revise carry-on Import Restrictions
Amidst widespread discontentment, the government has announced revisions to its import policies, initially established under Minister of Trade Regulation No. 36/2023, especially for carry-on...
The Latest 15 Authorities of Jakarta After No Longer Being the Capital
In the upcoming days, Jakarta is poised to relinquish its status as the capital of Indonesia. This development comes after the Indonesian House of...
Bank Indonesia Highlights 3 Major Challenges Threatening Financial System Stability
Bank Indonesia (BI) has identified three significant challenges that continue to impact Indonesia's financial system stability. Deputy Governor Juda Agung outlined these challenges and...
President Jokowi Inaugurates Singkawang Airport, A New Gateway to Kalimantan’s Prosperity
Kalimantan Island has recently welcomed the inauguration of a new airport by President Joko Widodo (Jokowi). The Singkawang Airport, located in Singkawang City, West...
The Import Restriction Policy Might Lead to Scarcity of Imported Luxury Branded Goods Stock
The government's recent move to restrict imports has sparked widespread interest among various stakeholders. Concerns have been raised about the potential scarcity of imported...