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Indonesia – New Rules: Imported Toys for Personal Collection Do Not Need SNI

TEMPO.CO, Jakarta – The Ministry of Industry, Ministry of Trade, Directorate General of Customs and Excise, also Indonesian Standardization Body have agreed on the exception provision of Indonesian national standard rules (SNI) about the imported toys. Director General of Small and Medium Industries (IKM) of the Ministry of Industry, Gati Wibawaningsih confirmed that the rule’s exclusion of […]

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Indonesia eyes 3 percent inflation rate in 2020

The government has eyed a 3 percent inflation rate in 2020, in order to keep the rate low to help purchasing power, improve living standards and encourage sustainable development. “The inflation rate for 2020 is [targeted] at three, plus and minus 1 percent. Indonesian inflation has been declining every year,” Coordinating Economic Minister Darmin Nasution […]

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Indonesia – Investment task forces to operate in Jakarta, other regions: Jokowi

President Joko “Jokowi” Widodo has stressed that the central government and the regional administrations will establish the Investment Acceleration Task Forces to ensure that investors do not face problems in dealing with local bureaucracies. The President said in Jakarta on Tuesday that the task forces would begin operation before the government establishes the online single submission […]

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Indonesia: BI, government team up to control inflation

Bank Indonesia and the government agreed on five measures to maintain inflation at between 2.5 and 4.5 percent in 2018 on Monday. “The meeting of the National Inflation Control Coordination Center has agreed to five strategic measures, including maintaining volatile food prices” said BI spokesman Agusman in Jakarta as reported by Antara.. BI and the government […]

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