Resellers fear, retailers cheer as crackdown roils duty-free import trade
A crackdown on duty-free imports underpinned by new regulations is worrying many who have made a living of loopholes, traveling in and out of the country with goods bought abroad and sold on at home.
Inclusion of BSD, PIK in national strategic projects draws suspicion
Critics point to a potential conflict of interest, given the benefiting companies’ support for the development of the future capital city.
New capital for all
Earlier in March, the Nusantara Capital City (IKN) Authority gave a one-week deadline for at least 200 people living in the neighborhood of Pemaluan to vacate their land, claiming that they had secured no permit to settle in the area and that their homes had to be demolished as they violated the new capital’s spatial planning rules.
EU deforestation regulation seen to complicate RI biodiesel exports
The EU’s deforestation regulation poses challenges for Indonesian biodiesel in global markets. Despite rising production, exports plummeted due to EU trade barriers. Experts warn of further decline, urging domestic focus and alignment with EU standards for sustainability.