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Economy 3 months ago
PREMIUM
Local firms echo Chinese concerns over Indonesia’s business climate
Danang Girindrawardana, executive director of the Indonesian Textile Association (API), said that local business community had also conveyed similar complaints to the government but did not receive an adequate response.
Economy 1 year ago
PREMIUM
Batik makers packing in as imitations flood market
Indonesia has seen a steep decline in the number of artisanal batik producers over the past four years across key production centers from Java to Sumatra, as pressure mounts from a surge of mass-produced batik-like fabrics, most of which are imported.
Economy 1 year ago
Chinese President Xi meets with global CEOs as investment wanes
China's President Xi Jinping met with global CEOs in Beijing on Friday, as the government tries to woo foreign firms whose investment could give the ailing Chinese economy a boost and help insulate it against simmering geopolitical tensions.
Regulations 1 year ago
PREMIUM
New TNI Law could bring economic consequences
Experts from CELIOS and the EIU have both cautioned of potential economic repercussions from the recently passed TNI Law revision, particularly as regards the investment climate vis-à-vis external perceptions of Indonesia's democracy.
Economy 3 years ago
European business group warns of loss of confidence in China
A top European industry group warned on Wednesday that firms were losing confidence in China and that its standing as an investment destination was being eroded, citing its "inflexible and inconsistently implemented" COVID policy as a key factor.
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