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Showing research about Indonesia

20210315-adidas-seasonal

Adidas runs past pandemic challenges after tariff training

Adidas reported Q4’20 revenues which dipped 5.0% lower year over year, driven by the pandemic and leading the firm to implement operational improvements as an offset. U.S. seaborne imports linked to the firm inched 3.0% higher in January and February 2021 after a 9.9% rise in Q4’20. The pandem... Read more →

20210305-indonesia-domestic

Indonesian apparel needs help abroad as much as tariffs at home

The Indonesian government may apply tariffs to imports of apparel from Bangladesh, China, Singapore and Vietnam to protect its domestic manufacturers. That comes only shortly after signing the RCEP trade deal which should lead to tariff free trade with China, Singapore and Vietnam. Indonesia’s... Read more →

20210209-indonesia-2019

ASEAN challenges may be next for Myanmar-connected supply chains

President Joko Widodo of Indonesia and Prime Minister Muhyiddin Yassin of Malaysia have called for a meeting of the ASEAN group to discuss the military coup in Myanmar, calling on the government there to “respect the principles of the ASEAN Charter”. While a long way from being firm sanctions,... Read more →

20210126-sk-indo-total

South Korea smooths sailing to Indonesia with port investment

South Korea’s Busan Port Authority is investing in Indonesian port facilities as part of the government’s “New Southern Policy” which is designed to boost South Korea’s export prospects. While not as ambitious as China’s Belt-and-Road, the move nonetheless follows the signing of the RCEP trade... Read more →

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