WTO Chief Urges US Trade Partners to Stay Calm Amid Prospect of Donald Trump’s Return and Fresh Tariffs
Head of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has called upon Washington’s trade partners to maintain composure in the event of Donald Trump’s potential return to the White House and his pledge to impose a 10 percent import tariff. Speaking at the Peterson Institute for International Economics in Washington, Okonjo-Iweala expressed her hope that […]
United Airlines Reports $200 Million Loss Due to Boeing Aircraft Grounding
Chicago, April 17, 2024 – United Airlines reported a first-quarter loss on Tuesday due to the temporary grounding of several Boeing aircraft, while also announcing plans to lease Airbus planes amid Boeing delivery delays. The three-week grounding of the 737 MAX 9 in January led to a $200 million revenue hit, resulting in a $124 […]
Beneficial Agreement for Migrant Workers: Minister of Trade Successfully Lobbies Stakeholders
Jakarta, April 17, 2024 – In response to widespread public dissatisfaction and protests, the Ministry of Trade has announced the revocation of Regulation of the Minister of Trade (Permendag) Number 36 Year 2023 on Import Policy and Control. The decision, revealed by Minister of Trade Zulkifli Hasan in Jakarta yesterday, signifies a significant policy shift […]
Relocation of Civil Servants to IKN to Begin After 79th Independence Day
Jakarta, April 17, 2024 – Minister of Public Works and Housing (PUPR) Basuki Hadimuljono announced that the relocation of civil servants (ASN) to the Nusantara Capital City (IKN) will be carried out after the 79th Independence Day Ceremony of the Republic of Indonesia (RI) in August this year. “For ASN, the plan is to hold […]