(From The Washington Post, September 1, 2010, available at: http://www.washingtonpost.com/wpdyn/content/article/2010/08/31/AR2010083106226.html It is indeed a difficult position for U.S. government in this situation to response appropriate measures against the China’s currency policy. If the Yuan is undervalued against the dollar, there are likely to be both benefits and costs to the U.S. economy. In one hand, it

Indonesian government has issued Presidential Regulation Number 58 of 2020 regarding the Arrangement and Simplification of Import Licensing (“PR 58/2020”), on April 8, 2020, and Presidential Regulation Number 59 of 2020 regarding the Amendment of Presidential Regulation Number 71 of 2015 on the Stipulation and Storage of Essential Goods and Basic Commodities (“PR 59/2020”). PR

The COVID-19 pandemic has caused more economic harm to Indonesia than the subprime mortgage crisis in 2008. As part of efforts to check the spread of the virus, the Indonesian government has implemented a policy of Large-Scale Social Restrictions (Pembatasan Sosial Berskala Besar or “PSBB”), requiring most businesses to cease or at least pare down

On February 6, 2019 the Indonesian government has legislated Minister of Trade Regulation No. 12 of 2020 concerning Imported Prohibited Goods (“MOT Regulation No. 12/2020”). MOT Regulation No. 12/2020 is the implementing regulation of Law No. 7 of 2014 concerning Trade (“Trade Law”) which stipulates that importers are prohibited from importing certain goods. Importers are

To ensure the smooth flow of goods and improve the effectiveness of the issuance of Certificate of Origin (SKA) for Goods from Indonesia in the context of exports in accordance with international trade agreements that are in force, it is necessary to make adjustments to the procedure for issuing Certificates of Origin. The issuance of

Indonesia has become a country with massive economic growth, garnering attention from investors and entrepreneurs all over the world. With the many startups and available business ventures, it is possible for anyone, including foreigners, to start their own company in Indonesia. Of course, several steps needed to be done before establishing a well-operated Indonesian company.

Foreign direct investment Indonesia is an investment made by a company or a person in a business interest-based in Indonesia. In open economies, it is usually done in contrast to tightly manage economies that deliver qualified workers and over-average opportunities of growth for investors. Foreign direct investment is often more than an investment in equity.

The coronavirus pandemic is causing serious financial distress for businesses around the world, and many companies are simply unable to continue due to the effects on trade of lockdown and other measures put in place to protect our health. A shortage of cash is always a huge issue for businesses, even under normal trading conditions,

The Indonesian Investment Coordinating Board (BKPM) is offering to issue Letter of Support for the Visit of PT PMA Representatives and Foreign Experts during the COVID-19 pandemic. On June 11, 2020, the Investment Coordinating Board (“BKPM”) issued Announcement Number 8 of 2020 on the Submission Flow of the Issuance of Letter of Support for the

The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) entered into force on 5 July 2020. About IA-CEPA IA-CEPA creates a framework for Australia and Indonesia to unlock the vast potential of the bilateral economic partnership, fostering economic cooperation between businesses, communities and individuals. Indonesia has been a growing market for Australian goods and services exporters. In