The industry suffers from short supply amid increasing demand from the downstream sector.
The provisions on Importer ID Numbers are now regulated under MOT Reg. 70/2015.
Footwear brands remain attracted to Indonesia as a production base.
Moving forward, Indonesia's e-commerce industry is poised to incur further growth.
Indonesia's coal sector has been hit hard in recent years following the fall in commodity prices.
Indonesia’s cosmetic sector has grown rapidly in recent years backed by a large domestic market.
The local government is counting on the tax amnesty to be successful to make up for the shortfall in tax revenues.
Despite what appeared to be positive momentum at the close of 2015, data from Q1 2016 suggests that Indonesia is not yet out of the woods.
BPKM announced the terms of principle and business licenses in September 2016.
On 16th June 2016, Bank Indonesia announced that it would cut interest rates by 0.25% to a benchmark rate of 6.5%.
Indonesia is considering a consolidation of its state-owned banks to compete within the AEC.