• Indonesia to Impose Anti-Dumping Import Duties on Steel Products

    The government of Indonesia plans to introduce a 15 percent anti-dumping duty on steel to prevent massive steel imports thus supporting Indonesia’s domestic steel industry. Indonesia is not the first country to introduce anti-dumping import duties on steel products. China imposed anti-dumping duties on certain stainless steel tubes from Japan and the European Union (thereby increasing the global steel oversupply), while Malaysia imposed anti-dumping duties on hot rolled coils imported from China and Indonesia.

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  • Palm Oil Update Indonesia: CPO Export & Prices Weaker in January 2015

    Indonesian crude palm oil (CPO) exports rose about 15 percent year-on-year (y/y) to 1.8 million tons in January 2015 from the same month last year. However, on a month-on-month (m/m) basis Indonesian CPO exports fell 8 percent in the first month of 2015. Fadhil Hasan, Executive Director at the Indonesian Palm Oil Producers Association (Gapki), said that CPO exports from Southeast Asia’s largest economy declined in January as demand from nearly all main CPO export markets, particularly China and India, fell at the year-start.

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  • Indonesia Investments' Newsletter of 22 February 2015 Released

    On 22 February 2015, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Most of the topics involve economic matters such as the latest trade data, an analysis of Bank Indonesia’s decision to cut its key interest rate, the performance of Indonesian stocks, news about the mineral ore export ban, and more.

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  • What are the Official National Public Holidays in Indonesia in 2015?

    Indonesia is the world's largest archipelago. Due to the country's sheer size (implying diversity) it contains a variety of different religions and traditional beliefs. The Constitution of Indonesia, a secular democratic country containing a Muslim-majority population, guarantees all Indonesian citizens the freedom of worship, each according to his or her own religion or belief. This also means that Indonesia contains many, mostly religion-inspired, public holidays on which financial markets are closed.

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