“After Talks with Jokowi and Prabowo, Apple CEO Tim Cook Outlines Next Steps”

The journey of Apple CEO Tim Cook in Indonesia continues post-meetings with President Joko Widodo at the Presidential Palace in Jakarta, and with Defense Minister and President-elect Prabowo Subianto. Amidst his engagements with the government, Cook still has a packed schedule in Indonesia. One notable agenda is the inauguration of the fourth Apple Developer Academy […]

“Exploring Infrastructure: Jokowi and China’s Foreign Minister Delve into IKN and Surabaya High-Speed Rail”

The recent visit of Chinese Foreign Minister Wang Yi to the Indonesian President Joko Widodo at the Presidential Palace in Jakarta on Thursday (April 18, 2024) was marked by significant discussions and agreements. In the post-meeting press statement, Indonesian Foreign Minister Retno Marsudi outlined three key messages conveyed by President Jokowi. Firstly, President Jokowi emphasized […]

Indef Advocates for Export-Driven Growth Amid Import Constraints

JAKARTA – While import restrictions (Lartas) may appear to bolster Indonesia’s trade surplus, the Institute for Development of Economics and Finance (Indef) warns that such measures only generate superficial gains. Indef suggests that the government’s focus should shift towards enhancing exports rather than impeding imports, especially those essential for industry raw materials and auxiliary needs. […]

Indonesia’s AC Industry in Turmoil as Import Curbs Enforced, Domestic Compressor Production Still Lagging

The Indonesian Refrigeration Company Association (Perprindo) finds itself in disarray following the enforcement of import bans and restrictions on electronic goods, including crucial raw materials for domestic production. Technical considerations (Pertek) mandated as a prerequisite for import endorsements under Minister of Industry Regulation No. 6/2024, stemming from Minister of Trade Regulation 3/2024, have triggered apprehension […]