Indonesia Marks 80th Independence Day
JAKARTA – Indonesia, an archipelago of more than 270 million people and over 17,000 islands, today celebrated the 80th anniversary of its independence. “Hari Kemerdekaan” commemorates the proclamation of independence on August 17, 1945, by Sukarno and Mohammad Hatta and … Continue reading Indonesia Marks 80th Independence Day
Crackdown on Illegal Mines and Palm Plantations
JAKARTA – In his first State of the Nation address on August 15, President Prabowo Subianto declared a firm assault on unlawful extractive and agribusiness activities. He revealed that 1,063 illegal mining operations, responsible for an estimated Rp 300 trillion … Continue reading Crackdown on Illegal Mines and Palm Plantations
Indonesia Turns to China as U.S. Shrimp Tariffs Bite
JAKARTA/GUANGZHOU — Indonesia’s shrimp industry is racing to find new markets after the United States imposed a 19% import tariff on Indonesian shrimp, disrupting a critical export sector that employs over a million workers. The move, part of Washington’s broader trade … Continue reading Indonesia Turns to China as U.S. Shrimp Tariffs Bite
ASEAN countries Face Higher Duties than neighbors
HANOI/JAKARTA/MANILA/KUALA LUMPUR – The recent conclusion of tariff negotiations between the United States and several Asian countries has revealed a stark disparity: while South Korea and Japan secured a reduced 15% import tariff into the U.S., ASEAN countries such as … Continue reading ASEAN countries Face Higher Duties than neighbors
Trade Deals: Philippines and Indonesia Ahead of Deadline
JAKARTA/WASHINGTON – President Donald Trump confirmed on July 22 that the US and the Philippines have reached a trade agreement following a White House meeting with President Ferdinand Marcos Jr. The deal stipulates a 19% tariff on Philippine exports to the … Continue reading Trade Deals: Philippines and Indonesia Ahead of Deadline