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Regulations 4 months ago
PREMIUM
RI to ease export earnings rule for US, Airlangga says
Under the Agreement on Reciprocal Trade (ART) with the United States signed on Feb. 19, Indonesia agreed to exempt US investors from a regulation requiring natural resource exporters to keep their earnings in Indonesia for a certain duration.
Asia & Pacific 4 months ago
PREMIUM
ASEAN convenes under shadow of global oil shock
Top officials from across Southeast Asia packed a hectic schedule of back-to-back meetings in Cebu, the Philippines, on Thursday, laying the groundwork for the leaders’ summit while zeroing in on a unified ASEAN response to the Middle East crisis, as fears of a deepening energy crunch hang over the 11-nation bloc.
Economy 4 months ago
PREMIUM
Govt exempts LPG, plastic precursors import duties amid supply strains
The government has been scrambling since earlier this month to secure supplies of naphtha, a raw material used to produce plastic, from alternative sources such as African countries, India and the United States.
Economy 5 months ago
PREMIUM
Govt insists on growth target as World Bank lowers forecast
Though the World Bank has downgraded its growth projection for Indonesia due to the economic fallout from the Iran war, a move preceded by a similar revision by the OECD last month, the government insists on the achievability of the state budget target.
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