Business News
Small and Medium Industries Considered to Contribute Big to Creating New Jobs
Small and medium industries (IKM) which currently number 4.5 million business units contribute 99.77% of the total industrial business units. The number of IKM business units absorbs 65.52% of the total workforce in all industrial sectors or around 13.11 million industrial workers in that sector. Director General of Small, Medium,…
PT Taru Martani Obtained Export Facilitation from Yogyakarta Customs for Iris Tobacco to Japan
On 5 March 2025, Yogyakarta Customs facilitated the export of 41 cartons of sliced tobacco (TIS) of PT Taru Martani to Japan with a total export value of USD 7,912.77 or IDR 125 million. The 41 cartons of TIS contained 7,170 packs of PT Taru Martani's flagship brands, namely Violin,…
Key Factors Contributing to Increased Indonesian Motorcycle Exports in Early 2025
In January-February 2025, motorcycle exports increased by 15.5% year on year (yoy), according to the Indonesian Motorcycle Industry Association (AISI) report. Total shipments reached 84,777 units, marking an increase from the same period in 2023 of 73,366 units. Key factors contributing to this surge in exports in early 2025 include…
Trump Raises Import Tariffs, Here’s the Potential Impact on Indonesia
U.S. President Donald Trump has imposed a 25% tariff on goods from Canada and Mexico, while tariffs on Chinese imports have been raised to 20%. However, the impact on China is expected to be less severe than the 2018 trade war, as China has gradually diversified its trade partners. According…
