Setup Indonesian Representative Office Foreign investor could setup a Representative Office to study the market for a maximum period of 5 years. Foreign Representative Office is an office incorporated by an overseas company to represent itself in Indonesia with a … Continue reading →
Not deterred by the pandemic-induced market volatility, the number of retail investors in Indonesia’s stock market continues to rise with new investors hopeful of reaping future profits from today’s low base, providing a buffer for the local bourse as foreign … Continue reading →
Direct investment in the medical device industry of Indonesia soared nearly seven-fold to IDR 4.7 trillion (approx. USD $343 million) in 2017 (compared to the preceding year). Rising investment stems from new as well as existing local companies, foreign investors, … Continue reading →
Indonesia’s Ministry of Research, Technology and Higher Education is optimistic that at least two foreign universities will open their doors in Indonesia this year after the Indonesian government had earlier decided to open opportunities for foreign, private universities to open … Continue reading →
Indonesian exports of textile and textile products could soar threefold if the government of Indonesia finally manages to sign a free trade deal with the European Union (EU). Achmad Sigit Dwiwahjono, Director General for Chemicals, Textiles and Miscellaneous industry at … Continue reading →
The government of Indonesia is now one step further in turning fully state-owned energy company Pertamina into an oil & gas holding firm. Indonesian President Joko Widodo signed Government Regulation No. 6/2018 on the Formation of a State-Owned Oil & … Continue reading →
Indonesia’s benchmark thermal coal price (Harga Batubara Acuan, or HBA) touched a multi-year high in March 2018. The HBA, which is determined by Indonesia’s Energy and Mineral Resources Ministry on a monthly basis (and which is based on several global … Continue reading →
The government of Indonesia raised USD $1.25 billion through the issuance of global “green” bonds, hence becoming the first Asian country to issue this type of bond. With the proceeds from the green bond the Indonesian government will fund projects … Continue reading →
Indonesia’s motorcycle exports surged a whopping 51.8 percent year-on-year (y/y) to 431,187 units in full-year 2017 based on data from the Indonesian Motorcycle Industry Association (AISI). Sigit Kumala, Head of the Commercial Department at AISI, said the 51.8 percent growth … Continue reading →
The Industry Ministry of Indonesia still targets to see some limited growth in Indonesia’s cigarette industry this year despite another excise tax hike per January 2018. Abdul Rochim, Director of Food & Beverages, Tobacco Products, and Refreshments at the Industry … Continue reading →