The third and final round of selection process for the next WTO Director General will begin on 1 May 2013. Mr Herminio Blanco (Mexico) and Mr Roberto Carvalho de Azevêdo (Brazil) are the remaining candidates. The consultations will take place until Tuesday,...

Ministry of Trade issued Minister of Trade Regulation No. 16/2013, which revokes Minister of Trade Regulation No. 30/M-DAG/PER/6/2012, which was lastly amended by Minister of Trade Regulation No. 60/M-DAG/PER/9/2012. Minister of Trade Regulation No. 16/2013...

Investment realization in Indonesia continued to increase. According to Investment Coordinating Board (BKPM), for Q1 2013 total investment realization is IDR 93 trillion or approximately US$ 9.57 Billion. It increases 30.6% compared to the same period...

EuroCham Transport & Logistics Working Group conducted joint discussions on the Implementation of Minister of Finance Regulation No.38/PMK.011/2013     related to VAT for freight forwarders with the Indonesia Logistics and Forwarders...

On March 26th, DG Tax representative, Mr Calvin Pangaribuan, briefed EuroCham Transport & Logistics WG on the implementation of Minister of Finance Regulation No 38/PMK.011/2013 related to VAT for freight forwarders. According to DG Tax, all freight components...

On March 25th, EuroCham organized a Transport & Logistics WG Briefing on Multimodal Transport Standard Trading Conditions (STCs) with Ms Siti Ariyanti (SISLOGNAS Team & ILFA) and Ms Wellyantina Walloni (ILFA). Participants learned about the latest...

Clariant Indonesia is targeting business growth above 2013 Indonesia national GDP of 6%, by market penetration to textile industry by supplying environmentally-friendly chemical products. By using environmentally-friendly raw materials the domestic industry will...

PT Bayer Indonesia is investing up to USD 20 million this year to increase production capacity to support the company's business growth in domestic and export markets. The investment will be used to build a new factory. Construction of the plant is conducted to...

PRIME Consultancy supports International and Indonesian companies in market entry, business development and financing needs. Managing Director Volker Bromund had worked more than 10 years for Deutsche Bank in Jakarta until 2010. As Director, Head of Corporate...

EU Delegation Jakarta, ASEAN Secretariat, Global Europe Think-tank, and Konrad Adenauer Foundation jointly organize "EU – ASEAN Economic Policy and Forum" on Thursday, 18 April 2013. The event was opened by the Secretary General of ASEAN, Le Luong Minh, and Head...

EU trade and investment in Indonesia remains high despite slower global economic growth. In contrast with negative trade balance that the country faced with many of its partners, EU trade balance with Indonesia in 2012 remains positive. Trade balance amounted US$...

Effective 1 January 2013, Indonesian government required all timber and timber products exporters to provide V Legal Documents in order to ensure legality of their exported products. EU's plan to implement Regulation No.995/2010 on obligation for operators who...

Subsequent to the House of Representatives concerns over the impact of ASEAN Economic Community (AEC) establishment to Indonesia, government is currently drafting various policies to promote and protect domestic products (including by imposing more import restrictions)....

ASEAN launched a guidebook for potential business and investors to better understand the ASEAN Comprehensive Investment Agreement (ACIA). The launching was conducted during Forum on ASEAN Comprehensive Investment Agreement - Transforming Investment in ASEAN...

JAKARTA, 22 March 2013 - H.E. Filip Cumps, Ambassador of Belgium to ASEAN, presented his Letter of Credentials to the Secretary-General of ASEAN, H.E. Le Luong Minh, at the ASEAN Secretariat this week. Ambassador Cumps expressed his gratitude to...