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EU-Indonesia
Jan 19, 2016
EU Food Exporter is welcomed as Indonesia still needs food import in 2016

events

Although it claims to have had a surplus of rice in 2015, Indonesia still imported rice throughout the year and will continue to import food items such as rice, beef and raw sugar in 2016. According to Trade Minister Thomas Lembong, the government will still face difficulties in avoiding the need to import food in 2016 because it needs to maintain supplies to prevent food price hikes throughout the country. He said he was not yet satisfied, because of the upward trend of food prices.

So, he will not be able to prevent food from being imported to strengthen stocks and meet domestic needs, while waiting for larger agricultural harvests in the coming several years. Based on monitoring in the field, the medium-quality price of rice has now reached Rp10,675 per kilogram (kg), which increased from Rp8,939 per kg in September, while the normal price is approximately Rp8,300 per kg.

Minister Thomas said Indonesia could continue importing food, as it has a high surplus in its balance of trade, reaching about seven to nine billion US dollars in 2015. "Indonesia's trade balance had a high surplus in 2015, which provides room for food imports. We should maintain an equilibrium so that the balance would not be too sharp and food prices would not rise too high," Thomas said, on the sidelines of preparations for National Christmas celebrations in Kupang, East Nusa Tenggara on Sunday (Dec. 27).

Thomas noted that with the trade surplus of seven to nine billion US dollars in 2015, there is still a chance to import food, in a bid to prevent food price increases at home. Therefore, the government has decided to import rice in 2016, while waiting for food production at home to become adequate to meet local needs. "The President and Vice President have stated several times that becoming self-sufficient in food supplies is a mid-term target. We need time to overcome the problem from its fundamental root, such as through developing dams, irrigation and logistics," noted Thomas.

He added that those food items that will still need to be imported in 2016 are rice, beef, in the form of feedlot cattle, and raw sugar. For feedlot cattle, Indonesia is expected to import some 700 to 800 heads, while it is hoped to import over three million tons of raw sugar."It is not yet a final figure. I am also convinced that there will be imports of rice again, apart from 1.5 million tons that had been agreed upon last September," the minister said.

The government is still making calculations about the volume of rice to be imported in 2016, he added. Rice imports will be made because rice planting seasons in the country were shifted after the El Nino weather phenomenon hit the country this year.

The government has since decided to import 1.5 million tons of rice. But up until now, the volume that has been imported had not yet reached one million tons. So, the remaining rice is expected to arrive during the first quarter of 2016. Thomas said that although there is still rice to be imported in the first quarter, the government will continue to need to import even more rice, apart from that agreed this year, to reinforce stocks in 2016.

Some time ago, the minister said, the government decided to import 1.5 million tons of rice from Thailand and Vietnam. The government was even seeking new supplier countries, such as Pakistan. The decision to import rice led certain parties to cast doubts on the accuracy of the country's rice production data.

Through its Director General for Food Crops Plantation, Hasil Sembiring, the Ministry of Agriculture claimed that the countrys rice production included a surplus in 2015. He said Indonesia had a rice production surplus in the October 2014 - October 2015 period because it did not import rice for public consumption during the period. "Rice production had a surplus. This is the best achievement over the past five years," Hasil Sembiring said in Jakarta last November 27.

In October 2014, state logistics board Bulogs rice stock was 1.7 million tons, which included imports of 800 thousand tons. But in October 2015, without optimal absorption during the peak of the grand harvest in the January - May 2015 period, Bulogs rice stock remained at 1.7 million tons, he said.

He added that the surplus was reached, even though there was an increase in the population by 3.7 million, who consumed 460 thousand tons of rice.

"Although Indonesia was hit by strong El Nino, rice increased to 1.26 million tons from that in 2014," he said. In 1998, with strong El Nino (1.9 percent intensity), Indonesia was forced to import 7.1 million tons of rice.

At that time, the size of Indonesia's population was only 202 million.But in 2015, the population reached 252 million, with an El Nino intensity of 2.4 percent. In such a condition, Indonesia should have imported 9.0 million tons of rice, but instead had a stock of 1.3 million tons, the director general said.

Responding to those parties who cast doubts about the ministrys data, Agriculture Minister Amran Sulaiman said his ministry, along with other agencies, will improve agricultural data to assure accurate figures are available about the nation's rice output.

"If the data is correct, but the production method is wrong, this will be useless," he noted, after inaugurating the Horticulture Carnival Festival 2015 at the Bogor Institute of Agriculture in Bogor, West Java, on November 29. The minister urged Indonesian farmers to give priority to improving rice production and provide correct data to the government. Hasil Sembiring said earlier that his office had not yet received data about national rice production.He added that it is the Central Statistics Agency (BPS) that issues data about rice production.

The ministry has, so far, only gathered data from the agriculture chain and then reported this information to the BPS, which has personnel available through the sub-district level. According to data from the BPS, Indonesia was expected to harvest 75 million tons of dry unhusked rice, equal to 43.940 million tons of rice in 2015. However, the agency later revised downward rice production data to 74.99 million tons due to the El Nino-induced drought. Despite being revised, data from the Agricultural Ministry shows that Indonesias rice consumption this year will reach 33.36 million tons. Thus, the country will see a surplus of rice production.

Yet, Indonesia will continue to import rice, causing some parties to cast doubt about the accuracy of rice production data provided by the BPS.

 

 

 

 

 

Source : tempo.co , http://en.tempo.co/read/news/2015/12/28/056731117/Indonesia-Still-Needs-to-Import-Food-in-2016 , 2016.

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Indonesian ecommerce is forecast to grow twofold in 2016, with USD 1.46 million

Business Jan 07, 2016

Indonesia is 2nd Top Rubber Producers

As the second-largest rubber producer, Indonesia supplies a substantial amount of rubber to the glob

Business Jan 07, 2016

IMF: Indonesia Outlook for 2016 Solid

Indonesia’s economic outlook remains solid, with ongoing reforms by the government expected to help

Business Jan 07, 2016

RI cannot avoid importing food

Indonesia's trade balance has high surplus in 2015 which provides a room for food imports

Business Jan 04, 2016

Cattle Imports in 2016

Indonesia will import an estimated 700,000-800,000 head of cattle in 2016

Business Dec 30, 2015

100% Foreign Ownership for Hotel&Resto

The Investment Coordinating Board has received a proposal related to the guidelines of investments f

Business Dec 29, 2015

F&B Industry Sees Sales Recovering

Indonesian food and beverage producers are betting on lower energy costs

Business Dec 28, 2015

Foreign franchises to swarm Indonesia

the country will simply become a market as franchisors will mostly come from other countries in the

Business Dec 24, 2015

automotive component industry

Several German companies have expressed interest to invest in automotive component manufacturing ind

EU-Indonesia Dec 23, 2015

RI-Spain to team up

aiming at boosting their economic value in addition to the government’s preservation efforts

Business Dec 22, 2015

Economy to Grow by 5.5 Percent in 2016

Hariyadi Sukamdani, Chairman of the Employers Association of Indonesia (Apindo) predicted

Business Dec 21, 2015

RI Govt to Ease Import Procedure

Indonesia Govt to provide leniency for machinery and equipment imports for investors or companies

Indonesia Dec 19, 2015

Surakarta Prepares Solo Great Sale

The Surakarta City Administration and entrepreneurs tries to attract tourist visits through Solo Gre

Indonesia Dec 18, 2015

Toraja International Coffee Festival

Chairman of Toraja DMO Luther Barrung said a Toraja International Coffee Festival will be held in 20

Business Dec 17, 2015

Spain praises Indonesia`s tourism

Spanish Tourism Secretary of State Isabel Maria Borrego Cortes praised the diversity and beauty of t

Business Dec 16, 2015

BMW offers driving tours

A combined experience of traveling and driving is the latest campaign launched by BMW Indonesia.

EU-Indonesia Dec 16, 2015

Minister Lembong Prioritizes EU

Trade Minister Thomas Trikasih Lembong said that he will prioritize to establish economic cooperatio

Business Dec 16, 2015

RI stable amid global financial shocks

Indonesia has sufficient capacity to cushion the impact of financial turbulence resulting from the l

Business Dec 15, 2015

Growth in mobile data businesses

Indonesia is seeing rapid growth in mobile data usage, providing cellular operators in the country w

Business Dec 14, 2015

BKPM Expands Fast-Track Licensing

Indonesia’s Investment Coordinating Board will expand the range of permits covered under its fast-tr

Business Dec 14, 2015

Ministers Welcome New Roles

Indonesian government ministers and agency chief have welcomed their new roles as investment liaison

Business Dec 11, 2015

Transport Services to Foreign Firms

The Indonesian government is considering allowing foreign investors to own majority stakes in armore

Business Dec 10, 2015

Karimunjawa to develop infrastructure

A lot of infrastructure is set to be develop on Karimunjawa Island in Jepara regency, Central Java,

EU-Indonesia Dec 09, 2015

Europes demand for RI's coconut flour

Europe demand for coconut flour products from North Sulawesi remained high at the end of 2015 due to

Business Dec 09, 2015

Indonesia is the 2nd best trade region

A survey by Price Waterhouse Coopers (PwC) over 800 company leaders in Asia Pacific named Indonesia

Business Dec 09, 2015

Indonesia about to form a FTA

Minister of Trade Thomas Lembong said Indonesia now focuses on forming Free Trade Agreement (FTA) wi

Business Dec 08, 2015

Indonesia-Hungary Economic Cooperation

Indonesia and Hungary are ready to move forward on strengthening economic cooperation through resear

Business Dec 07, 2015

Indonesia's E-Commerce Sector

The Indonesian government will allow foreigners to purchase up to a 33 percent stake in e-commerce b

EU-Indonesia Dec 07, 2015

timber legality certification

Both Indonesia and the EU have restated their stances on timber legality certification, with the lat

Business Dec 05, 2015

Bali Seeks to Increase Foreign Tourist

This enthusiasm is proven by the increasing numbers each month of foreigners from Saudi Arabia, Turk

Business Dec 04, 2015

Govt eyes sporting events for income

The Tourism Ministry expects significant additional tourist visits and spending from international s

EU-Indonesia Dec 03, 2015

DEN Exchanges Information with Denmark

National Energy Council (DEN), in collaboration with the Energy and Mineral Resources Ministry, held

Business Dec 03, 2015

PWC Survey : RI Beats Singapore

Survey held by Price Waterhouse Coopers (PWC) to 800 CEOs from Asia Pacific region put Indonesia as

Business Dec 02, 2015

Foreign Ownership in Money Transport

The Investment Coordinating Agency (BKPM) has allowed foreign ownership of business operating in mon

Business Dec 02, 2015

Indonesia Has Largest Fishery

The government has planned to optimize maritime and fishery sectors since Indonesia has the largest

Business Dec 01, 2015

RI as investment destination

Indonesia remains an attractive investment destination, especially with economic growth expected to

EU-Indonesia Dec 01, 2015

Sweden to support RI Renewable power

The Swedish government may assign a public official from the country’s energy agency to support Jaka

Business Nov 30, 2015

Furniture exporters deem SVLK

Business People have raised concerns that the Trade Ministry’s recent move to relax requirements

EU-Indonesia Nov 28, 2015

Netherlands Targets 44,000 Indonesian

Holland Alliance, an alliance of four Dutch companies, targets to attract 44,000 Indonesian traveler

Business Nov 27, 2015

Lake Toba to become World Tourism Dest

The government and tourism stakeholders are implementing Lake Toba revitalization program

Business Nov 25, 2015

Hungary to Intensify Bilateral Trade

In a bid to increase the bilateral trade with Indonesia, Hungary opened the Hungarian Trade House la

Business Nov 25, 2015

Indonesia Digital Economy

Indonesia's e-commerce industry is expected to not only support the economy, but also becomes the st

EU-Indonesia Nov 25, 2015

Italia-Indonesia USD 1.05 Bn Contract

President Joko Widodo said the visit of Italian President Sergio Mattarella had brought a business d

Business Nov 24, 2015

CEOs confident of Indonesian Growth

Most businesses in Indonesia remain optimistic of growth prospects within the next five years

EU-Indonesia Nov 23, 2015

EU concerned over removal of SVLK

The EU has expressed its concern over the Indonesian government’s decision to remove a stipulation

Business Nov 23, 2015

medium-sized businesses for AEC

Cooperatives and Small and Medium Enterprises Minister has said that the govt will pay special atten

Business Nov 23, 2015

Indonesia eyes $44b Investment in 2016

The Investment Coordinating Board, known as BKPM, expects foreign and local investment to reach $44

Business Nov 20, 2015

BI enhances cooperation with Finland

President of Finland, is committed to promote better cooperation between Bank Indonesia (BI) and Ban

Business Nov 20, 2015

French Investor to build Hydro Power

Investors from France will build a hydro power plant with a capacity of 59 megawatts in Sikundo, Pan

EU-Indonesia Nov 20, 2015

APKASI to strengthen ties with British

Nurdin Abdullah, the secretary general of the Association of Indonesian Regency Administration (APKA

Business Nov 20, 2015

Indonesia at World Expo Milan

Visitors at the World Expo Milano (WEM) 2015 in Milan, Italy, can enjoy a virtual tour of Indonesia

Business Nov 18, 2015

Shell Eyes Expansion in Indonesia

Multinational oil and gas company Royal Dutch Shell remains bullish in Indonesia,

Business Nov 18, 2015

Foreign Investors managing SEZ

The Indonesian government will allow foreign investors to operate special economic zones inside the

Business Nov 17, 2015

Indonesian BTI&CTI Improve

Indonesia's business tendency index (BTI) and consumer tendency index (CTI) improved in the third qu

Business Nov 17, 2015

Italian delegation signs deals

Indonesian entrepreneurs signed economic cooperation agreements worth $1 billion with Italian count

Business Nov 16, 2015

E-commerce regulation to be ready

The Trade Ministry is hoping that a regulation on e-commerce activities will be implemented in Janua

Business Nov 16, 2015

Govt eyes investment of US$9.6 billion

The government plans to attract investment worth US$9.6 billion to border areas in the next five

Business Nov 13, 2015

Sugih Energy to sell part of Lemang

A group of leading French companies are seeking to establish partnerships with Indonesian and Singap

Business Nov 12, 2015

telecom companies reveal 4G smart

M2M: telecom companies reveal 4G smart meters and Indonesia platform

Business Nov 10, 2015

BKPM rolls out Fast-Track Biz License

Indonesia’s Investment Coordinating Board, or BKPM, kicked off its so-called fast-track business lic

Business Nov 10, 2015

Ministry aims to boost ecotourism four

The Tourism Ministry aims to develop 13 national parks and one natural park in a bid to increase eco

Business Nov 09, 2015

Indonesia's ease-of-doing-business

Indonesia has improved its ease-of-doing-business ranking this year, and is expected to improve agai

Business Nov 09, 2015

Regulatory reforms for Business

A recent report by the World Bank revealed that doing business in Indonesia has become easier

Business Nov 09, 2015

Furniture Exports Sets Record High

Indonesia's local timber furniture producers have exported $2.7 billion of products following the co

Business Nov 05, 2015

E-commerce Start-up Companies

Presence of e-commerce start-up companies in Indonesia has given positive impacts to the industrial

Business Nov 05, 2015

Indonesian tofu makers

Tofu makers in a small village on the island of Java are putting waste water from producing the soyb

Business Nov 04, 2015

Danish Bring Wind Power Project

a Denmark-based wind turbine manufacturer for a wind power project in Makassa

Business Nov 04, 2015

Indonesia's Largest Wind Farm Project

The power purchase agreement for the project is being negotiated and is expected to be signed in thr

Business Nov 03, 2015

Denmark to Invest in Energy & Tourism

Coordinating Minister for Maritime Affairs Rizal Ramli said that Indonesia and Denmark would strengt

Business Nov 03, 2015

tax allowance relaxation

As the government prepares its fifth economy policy package, the Investment Coordinating Board (BKPM

Business Nov 03, 2015

‘Buying Mission’ encourages export

The Trade Ministry’s sophomore buying mission scheme has encouraged more foreign importers to ink de

Business Nov 02, 2015

Furniture Exports Value Exceeds US$2bn

Indonesia's furniture export value has reached more than US$2 billion. The figure is above the indus

Business Nov 02, 2015

investment interest reaches US$165bn

Various parties have expressed an interest in making investments of around US$165 billion, equivalen

Business Oct 29, 2015

ForeignDrug Makers eye 10% sales boost

. Foreign drug manufacturers expect sales to rise 10 percent next year, on the back of improved gove

Business Oct 28, 2015

Indonesia let expats own apartments

The Government will allow foreigners to own apartments in the archipelago in a bid to kick-start the

Business Oct 28, 2015

Ikea in Indonesia

Ikea Celebrates First Anniversary in Indonesia, Eyes Expansion

Business Oct 27, 2015

Govt expands Microloans (KUR)

The government expands microloans (KUR) to bolster the productive economy

Business Oct 27, 2015

Deregulation for F&B Industry

President Joko Widodo has promised to support and provide business easing to the food and beverage i

Business Oct 27, 2015

Trade sectors to face the AEC

The district administration of Sleman, Yogyakarta province, is currently preparing the industrial an

Business Oct 26, 2015

UK Property Tax Briefing

Residential property is everyone’s favorite investment and the asset of choice for many British Expa

Business Oct 26, 2015

Furniture industry grow 7.93 % in 2015

The furniture industry grow 7.93 % in the second quarter of 2015, higher than the same period in the

Business Oct 23, 2015

Higher Tourism Market Goals Set

Borobudur moves to become a little Mecca for Buddhists

Business Oct 22, 2015

Digital promotion to boost tourism

The use of social media and other digital platforms for tourism promotional campaigns will help to i

Business Oct 22, 2015

Investment needed to create jobs

The labor intensive industry is continue to grow and create quite big number of jobs

Business Oct 22, 2015

Govt’s mega power plant project

PT Siemens Indonesia wants to strengthen its presence in Indonesia by aiming to participate in a maj

Business Oct 21, 2015

Opportunity in the AEC

Business groups have said that the ASEAN Economic Community (AEC), will create more opportunities

Business Oct 21, 2015

Cities team up to boost tourism

The government is establishing a network of over 60 cities with high creative-industry potential so

Business Oct 20, 2015

Lundin Petroleum sells its business

Lundin Petroleum AB ("Lundin Petroleum") is pleased to announce the signing of a sale and purchase

Business Oct 20, 2015

Poland become Indonesia's Export Gate

The visit of Indonesian delegation led by Minister of Industry Saleh Husin to Poland produced severa

EU-Indonesia Oct 19, 2015

British-Indonesia: Another MoU Signed

The United Kingdom further displayed its commitment to increase investment in Indonesia by signing

Business Oct 15, 2015

Indonesia to boost spices exports

Indonesia is seeking to more than triple its spice exports in 2015 to take advantage of the world’s

Business Oct 15, 2015

Indonesa's 10 million foreign tourists

Indonesia is on course to meet its target of 10 million foreign tourists this year as data up to Aug

Business Oct 15, 2015

funds to acquire tech start-up

a publicly-listed investment firm, is earmarking up to $68 million worth of funds to acquire a handf

EU-Indonesia Oct 14, 2015

Polish firms looking to expand

A number of Polish companies, ranging from those in the energy sector to food and beverages

Business Oct 14, 2015

Indonesia is 3rd World Coffee Producer

Indonesia is still below Brazil and Vietnam in coffee crop productivity with 741 kg of beans per hec

Business Oct 13, 2015

Jakarta Signature Tower

Signature Tower Jakarta is a megatall skyscraper project in Jakarta originally proposed in 2010

Business Oct 13, 2015

Revision set to boost printing biz

A new government regulation about import giving a big catch for the printing industry!

Business Oct 12, 2015

Indonesia's first wind-power project

IFC, Asia Green Capital : co-developing the first wind-power project in Indonesia’s South Sulawesi

Business Oct 12, 2015

September-delivered LNG

Prices of spot liquefied natural gas (LNG) to northeast Asia averaged $8.007 per million British the

Business Oct 12, 2015

Renewable power climbs to second place

In 2014, solar photo-voltaic overtook solid bio-fuels to become the second largest source of non-hyd

Indonesia Oct 10, 2015

Komodo Archipelago

Komodo National Park was designated a Biosphere Reserve under the UNESCO Man becoming a a World Heri

Indonesia Oct 09, 2015

“Human Roots” exhibition

Sponsored by the Indonesian French Chamber of Commerce and Industry (IFCCI)

ASEAN Oct 09, 2015

Asean is the Next World Factory

they all have one thing in common — they share enormous potential for growth.

Business Oct 06, 2015

Bigger stake for foreign businesses

Foreign businesses may soon be allowed to take a bigger stake in cold-storage facilities in Indonesi

EU-Indonesia Oct 06, 2015

Market Access Strategy

The European Union (EU) and Indonesia conduct frequent exchanges in order to direct and enhance our

Business Oct 05, 2015

Commodity train operation for Jakarta

Commodity train operation to Jakarta International Container Terminal (JICT) will start by the end o

Business Oct 05, 2015

Indonesia building airstrips

Indonesia is building small runways near 15 fishing villages to help local fishermen export their ca

Business Oct 01, 2015

Foreign Markets Open to Indonesian

Indonesia`s Ministry of Foreign Affairs has stated that foreign markets remain open to products from

Business Sep 30, 2015

is Indonesian SMEs actually ready ?

The day of the implementation of the ASEAN Economic Community (AEC) 2015 is only left four months fr

Info Session Sep 30, 2015

Acquiring a company in Indonesia

Are you considering acquiring a company in Indonesia? There are two likely scenarios

EU-Indonesia Sep 30, 2015

Indonesia will settle major Free Trade

The Indonesian Trade Ministry said it will settle major trade agreements such as Regional Comprehens

Indonesia Sep 28, 2015

New Regulation of Foreign Manpower

In July 2015, the Ministry of Manpower issued Regulation of the Minister No. 16 of 2015

EU-Indonesia Sep 28, 2015

EU & Indonesia Partnership

This is rooted in thriving trade links, a shared attachment to advancing democracy and human rights,

Info Session Sep 26, 2015

Explore Biodiversity in Indonesia

Indonesia is a country with a variety in specific Flora & Fauna spread throughout Indonesian Archipe

B2B Sep 25, 2015

Indonesia E-commerce Sees 83% Growth

E-commerce in Indonesia grows 83 percent per year.

Info Session Sep 25, 2015

How to register a consulting company

August 2015 brought several changes to registering a consulting company in Indonesia.

Business Sep 25, 2015

New delicacy form Bali : Civet Cocoa!

it has been sold arround 5000 packages though the business just started. Civet cocoa is a really pro

EU-Indonesia Sep 24, 2015

Partnership with EU startups

In Indonesia, the wave of startups have started as well, and it has enjoyed a warm reception.

Business Sep 24, 2015

Indonesian Telecommunications

A growing and relatively young population with rising disposable income make Indonesia a highly attr

EU-Indonesia Sep 23, 2015

EU&ASEAN to jumpstart trade agreement

Southeast Asia and the European Union (EU) agreed yesterday (26 April) to take steps toward resuming

Business Sep 23, 2015

Nutmeg Tiptoes a Delicate Road to Euro

The spice, native to some of Indonesia’s islands, accounts for an astonishing 75 percent of the worl

EU-Indonesia Sep 23, 2015

Business sentiment survey 2015

The EU-ASEAN Business Council has today launched the first EU-ASEAN Business Sentiment Survey 2015

B2B Sep 22, 2015

EIBN Virtual Market Place Released

The Virtual Market Place is a free online tool for all companies. It offers a unique opportunity to

Business Sep 22, 2015

Fisheries & maritime development

Ministry of Maritime Affairs and Fisheries is set to offer five of Indonesia’s outermost islands on

Business Sep 21, 2015

How to set up a Joint Venture

The decision of setting up a joint venture instead of a entirely owned Indonesian entity comes down

Business Sep 21, 2015

Five e-commerce trends

on the booming e-commerce scene in Asia sets the tone just right for potential investors and entrepr

Business Sep 21, 2015

Business Visa in Indonesia

Business visa is a visa for foreign nationals that wish to conduct business activities or study the

Indonesia Sep 19, 2015

7 unique traditional culinaries

Your travel to Indonesia would not be complete without having its traditional foods. Below are some

Indonesia Sep 18, 2015

Great green hopes for Indonesia

Great green hopes for Indonesia : clean tech and renewable energy sector to be optimized.

Business Sep 17, 2015

Existing Renewable Energy Market

Today, renewable energy accounts for a small but growing portion of Indonesia’s electricity portfol

Indonesia Sep 17, 2015

Ministry mulls spinning off Pertamina

The Energy and Mineral Resources Ministry is considering making the Pertamina subsidiary that runs t

EU-Indonesia Sep 17, 2015

environmentally friendly investment

government will continue to encourage the development of new & renewable energy projects during the

Business Sep 16, 2015

Incentives To Boost Renewable Energy

Indonesia is planning to introduce incentives aimed at attracting investment in its renewable energy

Info Session Sep 16, 2015

reasons for Annual Power & Electricity

The 3rd Indonesia LNG 2015 Conference is an annual and global gathering of LNG buyers, producers and

Indonesia Sep 16, 2015

About Indonesia’s first wind energy fa

President Joko “Jokowi” Widodo early in May launched the first on-shore wind turbine farm in Indones

Business Sep 15, 2015

Mobile Apps clicking into gear

Indonesia has long been viewed as a market of immense potential for mobile applications.

Business Sep 15, 2015

current procedure of Work permit

On January 26, the Labor Ministry issued Regulation 3 of 2015 on Standard Operational Procedures for

Business Sep 14, 2015

Eletronics and Home Appliances

Indonesian consumers keenly spend their rising personal earnings on electronics and home appliances

Indonesia Sep 13, 2015

10 must-visit places

Here are 10 must-visit beautiful places in Indonesia

Business Sep 12, 2015

foreigners purchase house properties

Minister said that he had proposed a regulation that would allow foreigners to purchase house proper

Business Sep 11, 2015

HijUp

An online retailer of Islamic fashion, HijUp last week received an undisclosed amount of seed fundin

Business Sep 11, 2015

Here is the Indonesian Special Economi

Indonesian Special Economic Zones

Business Sep 11, 2015

Indonesia's Hotel & Hospitality

The number of foreign tourists visiting Indonesia grew by 7.3% to 9.44 million in 2014, up from 8.80

Business Sep 10, 2015

Foreign Ownership of Property

Indonesian government promised quick and wide-sweeping deregulation in manufacturing, trade and agri

Business Sep 10, 2015

Corporate Income Tax Reduction

The Ministry of Finance announced plans to reduce the corporate income tax rate from 25% to 17.5%.

Business Sep 10, 2015

Indonesia's Downstream Rubber Industry

It given the country's rising need for rubber, this is an opportunity investors should take a look a

Business Sep 09, 2015

Foreign Direct Investment

Indonesian government promised quick and wide-sweeping deregulation in manufacturing, trade and agri

Business Sep 08, 2015

Govt promises incentives for renewa

The government promises to provide incentives such as import-tax reduction to lure investors to the

Business Sep 08, 2015

Ruma : Indonesian E-payment mobile app

Ruma, a mobile phone application that providing local people with access to services

Business Sep 07, 2015

Indonesia's Healthcare industry

Indonesia's Healthcare industry booming due to launch of Universal Healthcare System.

Indonesia Sep 04, 2015

Indonesia’s Stock Index Climbed Up

Indonesia’s benchmark stock index (Jakarta Composite Index) climbed 0.35 percent to 4,446.20 points

Business Sep 04, 2015

Palm Oil Business in Indonesia

the palm oil business in Indonesia is promising - on the long term - due to a number of reasons

Indonesia Sep 03, 2015

Indonesia is in Top 3 Cocoa Producers

Indonesia is in Top 3 Cocoa Producing Countries List.

Indonesia Sep 03, 2015

Indonesia is 6th Largest Tea Producer

Indonesia currently ranks number six on the list of largest global tea producers.

Info Session Sep 02, 2015

Legal Entities for foreigners

there are two legal entities for foreigners in Indonesia : Foreign Investment Company and Representa

ASEAN Sep 02, 2015

Indonesia Could Lead ASEAN Food Market

The Investment Coordinating Board (BKPM) expressed optimism that Indonesia's food and beverage indus

Info Session Sep 02, 2015

Indonesia Proficiency Test Requirement

Manpower Minister confirmed that Indonesia Proficiency Test Requirement for Foreign Workers is aboli

Info Session Sep 01, 2015

Land Rights in Indonesia for Foreigner

There are three land rights in Indonesia that available for the foreigner : HGU, HGB, and HP.

Indonesia Sep 01, 2015

Indonesia Ranks 10th of Global Coal

Indonesia currently ranks 10th containing 3.1 % of total proven global coal reserves.

Business Aug 31, 2015

EIBN 2015 Cleantech Sector Report

EIBN has released the Celantech Sector Report on the Web Portal, free to download for all registered

EU-Indonesia Jul 31, 2015

EIBN 2015 Roadshow in Europe

EIBN successfully concluded its outreach activities in Europe.

Business Jul 09, 2015

Govt prepares incentives for investors

The Government will provide a set of tax incentives for investors willing to build infrastructure in

Indonesia Jun 29, 2015

Industry Ministry to update Masterplan

The Industry Ministry is set to revise the country’s industrial masterplan

Indonesia Jun 25, 2015

UN Report on FDI Increase in Indonesia

The World Investment Report 2015 said Indonesia booked about $23 billion in foreign direct investmen

Indonesia Jun 25, 2015

Government allows foreign ownership

Developers applauded government’s planned policy to allow foreigners to own properties in Indonesia

Business Jun 15, 2015

Machinery demand boost

Demands for heavy equipment are expected to increase as the government has kicked off several infras

Business Jun 08, 2015

Permits streamlined for Economic Zones

The government is looking to cut bureaucratic red tape for businesses investing in special economic

Business May 27, 2015

Healthy outlook for hospital business

Hospital business continues to glow despite domestic economic slowdown, with a strong first-quarter

Business May 25, 2015

Smart city index coming to Indonesia

Decades ago, urban conglomerations competed to clinch “global city” or “world city” status by luring

Business May 19, 2015

120 non-commercial ships

As many as 120 ships currently being tendered will be used to improve sea navigation and help stabil

Business May 19, 2015

Seven new seaport projects

The construction of seven new seaports across Indonesia will be among the priorities of the governme

Business May 13, 2015

Tariff exemptions for Non-FTA partners

Indonesia is mulling exemptions of import tariffs on raw materials and intermediary goods for tradin

Business May 02, 2015

New tax allowances

The government is slated to implement a new set of tax allowances on May 6 as part of its efforts to

Business Apr 28, 2015

OJK - Venture capital industry

The Financial Services Authority (OJK) will issue a new regulation to boost the financing capacity o

Business Apr 28, 2015

Green investment growth aims

The government is aiming to draw billions of dollars in green investments, which is expected to help

ASEAN Apr 26, 2015

ASEAN-EU economic ties remain strong

Despite the current sluggish growth, the economic ties between the European Union (EU) and the Assoc

ASEAN Apr 26, 2015

ASEAN, EU to seek free-trade talks

Southeast Asia and the European Union (EU) agreed on Sunday to take steps toward resuming stalled ta

Business Apr 24, 2015

More green investment in energy secto

The government expects to attract more environmentally friendly investment in the energy sector with

Business Apr 24, 2015

Govt offers lax tax to woo investors

The government has issued a new set of tax allowances to attract more sizeable investments into Sout

Business Apr 11, 2015

BMW launches locally assembled X5

Indonesian unit of German premium automaker BMW AG launched Friday a variant of its popular sport ut

Business Apr 10, 2015

Asahi Indofood opens beverage plant

To tap growing demand for soft drinks in Indonesia, PT Asahi Indofood Beverage Makmur (AIBM), a join

Business Apr 09, 2015

BKPM Reforms Lead Way to Investment

The Investment Coordinating Board, or BKPM, is counting on its one-stop integrated service centers a

ASEAN Mar 24, 2015

ASEAN to start banking integration

ASEAN’s financial and banking authorities have agreed in principle to start the process of banking i

Business Mar 16, 2015

SE Asia Beats China as an FDI Target

Southeast Asia’s major economies drew more foreign direct investment combined than China for the sec

Business Mar 03, 2015

Ministry mulling opening e-commerce

E-commerce should be scrapped from the country’s negative investment list to provide wider funding o

Business Mar 01, 2015

Banks Eye Tech

Can you imagine withdrawing money from an ATM without an ATM card? As little as five years ago that

Business Feb 17, 2015

Tax Holidays for Investors

Indonesian Finance Minister Bambang Brodjonegoro has promised to revise a regulation on tax holidays

Indonesia Feb 10, 2015

BKPM to ensure data security

Following the launch of its one-stop investment licensing services recently, the Investment Coordina

Indonesia Feb 06, 2015

m-Banking Apps leader

Indonesia is a leader in the use of mobile banking applications among more than 20 countries surveye

Business Feb 05, 2015

IT spending boost

Local companies’ spending on IT is predicted to grow almost threefold in 2019 from spending in 2013

Business Jan 30, 2015

Tourism potential could reach Rp4 tril

The National Development Planning Board (Bappenas) estimated the tourist industry may generate up to

EU-Indonesia Jan 28, 2015

Maritime cooperation strengthening

Spain and Italy have pledged to boost cooperation with Indonesia in the field of maritime infrastruc

Business Jan 27, 2015

Easier investment permits

The new one-stop integrated service (PTSP) launched by President Joko “Jokowi” Widodo.

Business Jan 14, 2015

Indonesia to Attract Factories

Indonesia will attract more new factories than any other Southeast Asian nation over the next few ye

Business Jan 14, 2015

Geothermal investment allocation

Pertamina Geothermal Energy (PGE), a subsidiary of state-owned PT Pertamina, has set aside US$432 mi

Business Jan 13, 2015

$1.5b for Infrastructure Development

The Asian Development Bank pledged its support for Indonesia’s development plan and is committed to

ASEAN Nov 28, 2014

EU-ASEAN Business Update released

The joint e-Newsletter EU-ASEAN Business Update no.1 is now available through EIBN's website.

Indonesia Nov 27, 2014

New Head of BKPM: Franky Sibarani

President Joko Widodo has inaugurated the new Head of the Investment Coordinating Board

Outreach Oct 25, 2014

EIBN Sector Reports now online

EIBN has released 4 Sector Reports covering F&B, Textile and Footwear, Healthcare and Automotive

Indonesia Oct 20, 2014

Jokowi sworn in as President

Joko Widodo is now Indonesia’s seventh president. He takes over leadership of the world’s third-larg

ASEAN Sep 26, 2014

ADBI study says ASEAN can catch up...

The Asian Development Bank Institute (ADBI) recently presented in Jakarta a new publication

Indonesia Sep 23, 2014

New Airport in West Papua to link...

The Transportation Ministry inked a deal on Monday with the Tambrauw regency administration to devel

Indonesia Sep 18, 2014

Tackling fuel subsidies top priority..

Indonesia's new government plans to reduce fuel subsidies by as much as 3,000 rupiah by November...

Business Aug 07, 2014

Trade Expo Indonesia 2014

In October, the 29th Trade Expo Indonesia 2014 will open…

Indonesia Jul 23, 2014

Jokowi confirmed as the next President

Joko Widodo “Jokowi” is the next President of the Republic of Indonesia.

Business Jul 21, 2014

Government to cut container holding...

The government will begin to limit the amount of time for holding storage containers at ports in...

European Union Jul 15, 2014

New European Commission President...

Jean-Claude Juncker was elected president of the European Commission...

Business Jul 14, 2014

ASEAN labour force to expand by 16 percent

The labour force in Southeast Asia will increase by 16 percent in 2012-2015

EU-Indonesia Jul 05, 2014

EU-BKPM MoU

EIBN project officers attended the signing ceremony...

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