• Can Businesses Claim Force Majeure After the Government Calls COVID-19 a National Disaster?

    Can Businesses Claim Force Majeure After the Government Calls COVID-19 a National Disaster?

    Besides imposing restrictions and offering stimuli to affected people and businesses, the Indonesian government made another important decision with reference to the coronavirus (COVID-19) outbreak. Through Presidential Decree No. 12/2020 on the Determination of COVID-19 as a Non-Natural Disaster, signed by President Widodo on 13 April 2020, the novel coronavirus was declared a ‘national disaster’.

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  • Back Again! 2nd Edition of CBME (Children, Baby, Maternity Expo) Indonesia in 2020

    Back Again! 2nd Edition of CBME (Children, Baby, Maternity Expo) Indonesia in 2020

    The only trade exhibition in the children, baby, maternity industry is coming again in Indonesia. After its very successful event in 2019 when it attracted more than 3,000 visitors and brought together more than 120 brands from all over the world, CBME (Children, Baby, Maternity Expo) Indonesia will be held again for the 2nd edition at the Jakarta International Expo (JIExpo) on 9-11 September 2020. CBME is also held in other countries, such as in China, Turkey, and India.

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  • Manufacturing Activity in Indonesia Falls at Record Rate as COVID-19 Hits

    Manufacturing Activity in Indonesia Falls at Record Rate as COVID-19 Hits

    After the surprise in February 2020 (when – contrary to expectations and in stark contrast to the global trend – manufacturing activity in Indonesia soared), matters turned normal in March 2020. In line with expectations, Indonesia’s manufacturing production and new orders contracted at record rates in March, making companies decide to cut back sharply on their purchasing activity and input inventories. Business conditions in fact deteriorated at a rate not seen before in the history of the Purchasing Managers’ Index (PMI) survey.

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The views expressed in these business columns are the views of the authors or the interviewed persons only and therefore do not necessarily reflect the views of Indonesia Investments. The authors are free to ventilate their opinions about the Indonesian business climate. Facts presented in these columns are the result of the author's own research or indicated sources, read disclaimer
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