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A Comprehensive Guide to Indonesia’s Wood Export Market for 2025

Key Highlights:  According to Indonesia export data, Indonesian wood furniture exports were around $1.8 billion in 2023–2024. In terms of shipments, from March 2023 to February 2024 (TTM), a total of 25,955 shipments occurred for Indonesia wood export. The top wood exporters in Indonesia include PT. Kharisma Jaya Gemilang, PT. Tanjung, Kreasi Parquet Industry, PT. […]

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Apple’s US$1 Billion Bet on Indonesia: Local Compliance and Market Growth

Apple is set to make a significant investment of US$1 billion in Indonesia, marking a pivotal shift in the tech giant’s engagement with Southeast Asia’s largest economy. This investment comes in response to Indonesia’s strict Tingkat Komponen Dalam Negeri (TKDN) policy, which mandates a 40 percent local content requirement for smartphones sold in the country.

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Indonesia and Canada Strengthen Economic Ties

Indonesia and Canada have solidified their longstanding relation ship by signing the Comprehensive Economic Partnership Agreement (CEPA). This historic agreement aims to enhance bilateral trade, promote sustainable development, and foster investment between the two nations. Representing a significant milestone, the CEPA is designed to address trade barriers, streamline cooperation, and unlock economic opportunities for both

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Why BYD, GAC Aion, and Citroen are Betting Big on Indonesia’s EV Market

Indonesia is taking bold steps to establish itself as a hub for electric vehicle (EV) production in Southeast Asia by offering attractive tax incentives to global car manufacturers. Starting in 2025, leading automakers—China’s BYD and GAC Aion, along with France’s Citroen—will benefit from exemptions on import taxes and a reduced luxury sales tax rate of

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