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  • News_APK2022
    News

    APK 2022: Germany Wants Closer Ties with Southeast Asia

    Germany is keen on strengthening its economic ties with Southeast Asia, German Chancellor Olaf Scholz said during APK 2022 in Singapore this November.

  • News_Certified
    News

    Certified Indonesian Passports Valid for Visa Applications

    EKONID members who hold Indonesian passports without signature columns can have their passports processed as long as the passport is officially certified by an Indonesian passport authority.

  • News_IndonesiaPositiveGrowth
    News

    Indonesia Posts Positive Growth in Q1 2022

    Indonesia grew 5.01% in the first quarter of 2022 due to a rise in commodity prices and the lifting of COVID-19 restrictions across the archipelago. However, rising inflation and the war in Ukraine give cause for concern.

  • News_IndonesianImports
    News

    Indonesian Imports Set New Record in 2021

    According to the Indonesian statistics office BPS, Indonesia imported goods worth USD 196.2 billion in 2021. That is an increase of 38.6% compared to the previous year and at the same time a new record. The previous high of USD 191.7 billion dates back to 2012. A new peak was also recorded on the export side at USD 231.5 billion (up 41.8%). The positive foreign trade balance of USD 35.3 billion marks the country’s largest surplus since 2007.

  • News_MinimumWages2022
    News

    Minimum Wages in Indonesia Will Rise Moderately in 2022

    For many foreign companies, Indonesia is a location for low-cost contract manufacturing. When considering the general investment environment, the minimum wage is an important factor. There are currently only about 70 German manufacturing companies in the country. According to the local Chamber of Commerce and the Indonesian investment authority BKPM, several are currently preparing to relocate production from China.