Business News
Strengthening Indonesia-China Cooperation to Boost Trade, Investment, and Industrial Integration
Indonesia is strengthening its economic cooperation with China to boost trade, investment, and industrial integration. As two G20 members with large economies, both countries see strong potential in deepening collaboration, especially since China remains Indonesia’s largest trading partner, with bilateral trade reaching USD 135.2 billion in 2024. This partnership is…
Imported Woven Fabric Products Made from Cotton Subject to BMTP
The Indonesian government has introduced safeguard import duties (BMTP) on cotton woven fabric imports beginning January 10, 2026, under Ministry of Finance Regulation No. 98/2025. This protection measure applies to 16 specific tariff codes of imported cotton woven fabrics listed in Indonesia’s customs tariff schedule. It responds to evidence from…
Indonesia Strengthens Global Acceptance of Fish Exports Through International Certification
Indonesia’s Ministry of Maritime Affairs and Fisheries continues to reinforce the global competitiveness of its fishery exports by ensuring strict compliance with international quality and safety standards through the Fish Products Quality and Safety Certificate (SMKHP). The certification serves as official assurance that Indonesian fishery products meet sanitation, hygiene, and…
Indonesia to Introduce a Single National Passport System with Lifetime Passport Numbers by 2027
Indonesia’s Directorate General of Immigration under the Ministry of Law and Human Rights is preparing a major reform of national passport services, targeting full implementation in 2027. The initiative will introduce a single standardized Indonesian passport, eliminating distinctions between regular passports, laminated electronic passports, and polycarbonate electronic passports currently in…
