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Philippines seeks balance trade with Indonesia

MANILA, Philippines — The Philippines may impose stricter trade measures against Indonesia after the ASEAN neighboring country decided not to ease up on its protocols and open their market access. Agriculture Secretary Emmanuel Piñol said the trade negotiations between the two countries did not yield positive results for the Philippines last month. “It was not […]

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Indonesia: OJK issues crowdfunding regulation

The Financial Services Authority (OJK) has issued a regulation on equity crowdfunding that offers shares through information technology. OJK Regulation No. 37/ POJK.04 /2018 issued on Dec. 31, 2018, is to provide space for startup companies to obtain funding through the stock market as well as expand financial inclusion. “The OJK as the supervisory authority applies supervision […]

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Indonesia: 2018 export growth likely to be 7.5 percent, says trade minister

Trade Minister Enggartiasto Lukita has estimated that export growth in 2018 would reach only 7.5 percent, far below the targeted 11 percent, although the official result has not been released. Last year’s 11 percent target was already lower than the 16 percent export growth achieved in 2017.   Enggartiasto has attributed the lower export growth to global economic turbulence that led […]

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