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Manufactured in East java & Bali, Warisan employs over 450 people (including approximately 400 in Indonesia). Warisan uses solid plantation hardwoods from Perum Perhutani (Indonesian government owned and maintained plantations) certificates available. while being able to work with other raw material such as mindi wood, stones, seashells, coconut, bamboo, rattan, and polyrattan.
Import quotas are usually implemented by awarding licenses to companies or individuals according to a specific catalogue of criteria, either free of charge, for a fee, or in the form of an auction. [4] Importers without licences are not allowed to import at all, [2] or in certain cases, can import only for a very high tariff premium. [5]
Import substitution industrialization (ISI) is a trade and economic policy that advocates replacing foreign imports with domestic production. [1] It is based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products.
In 2023, a controversy arose in Indonesia over the import of used Japanese rail units for use in the Commuterline network.. KAI Commuter, intending to import additional used Japanese trains to replace old rolling stock and expand the capacity of the network, failed to secure approval from a number of government bodies such as the Ministry of Industry and the Coordinating Ministry for Maritime ...
The directorate also carry out some basic tasks of the Ministry of Finance in the field of customs and excise, in accordance with policies established by the Minister and securing government policies relating to the traffic of goods entering or leaving the Customs Area and the collection of import duties and excise and other state levies based ...
[128] [129] [130] China is also Indonesia's most important source of imports, reaching US$30.8 billion, or 22.7% of Indonesian imports in 2016. [131] The balance however was in favour of China as Indonesia booked a trade deficit of US$14 billion in 2016.
Indonesia has announced new incentives to encourage sales of locally produced and imported electric vehicles (EVs), in its latest bid to boost take-up of environment-friendlier cars as well as ...
Country Imports (millions of $) . Year United States 3,375,948 2022 European Union [n 1] 2,743,745 [3]: 2022 China 2,706,601 2022 Germany 1,571,057 2022 Japan 898,099 ...
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