Indonesia’s Ministry of Trade Socializes Ministerial Regulation No. 18/2026 on Import Licensing Policy Amendments

Indonesia’s Ministry of Trade held an online socialization session on Ministerial Regulation (Permendag) No. 18/2026, the second amendment to Permendag No. 16/2025 on Import Policy and Regulation, enacted on June 4, 2026. The session targeted businesses, associations, surveyors, and relevant government agencies. The regulation aims to improve the effectiveness of import licensing services and legal […]

Indonesia-Philippines Agree on Counter-Trade MoUs Worth IDR 6.29 Trillion (USD 350 Million)

Indonesian Trade Minister Budi Santoso witnessed the signing of two tripartite counter-trade MoUs between Indonesian and Philippine businesses, with potential transactions of USD 350 million (IDR 6.29 trillion). The counter-trade arrangement is positioned as a strategic measure to address trade fluctuations. The deal represents a concrete bilateral trade policy outcome between Indonesia and the Philippines.

KPPI Terminates Second Extension Investigation of Safeguard Measures on Imported Evaporator Products

Indonesia’s Trade Safeguard Committee (KPPI) has officially terminated the investigation into the second extension of safeguard measures (BMTP) on imports of roll bond and fin-type evaporators used in refrigerators and freezers (HS Ex. 8418.99.10). The termination is based on investigation findings regarding the domestic industry’s condition. No further safeguard extension will be applied.

Indonesia’s Ministry of Trade Issues Three Ministerial Regulations on Export Governance of Strategic Natural Resources (Coal, Palm Oil, Iron Alloys)

Indonesia’s Ministry of Trade issued three new ministerial regulations (Permendag Nos. 15, 16, and 17 of 2026) governing exports of coal, palm oil, and iron alloys, effective 1 June 2026. The regulations implement Government Regulation No. 24 of 2026 and aim to strengthen export governance of strategic natural resource commodities and support domestic downstream industrialization.

Indonesian and Philippine Businesses Sign Two Counter-Trade MoUs Worth Rp6.29 Trillion

Indonesia’s Trade Minister Budi Santoso witnessed the signing of two tripartite counter-trade MoUs between Indonesian and Philippine businesses, with a potential transaction value of USD 350 million (Rp6.29 trillion). The counter-trade arrangement is positioned as a strategic measure to address exchange rate volatility affecting both countries’ currencies. The signing took place at the Ministry of […]

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