Search Results for: Indonesian

WORKFORCE DEMOGRAPHICS

East Asia is a very varied region in terms of economic development. Take the 10 members of trade bloc ASEAN (the Association of Southeast Asian Nations): with 632 million people, demographics greatly vary, from aging Singapore and Thailand, to the younger and emerging economies of Indonesia, Cambodia, Vietnam, Malaysia and the Philippines.…

The Indonesian Textiles Association (API – Asosiasi Pertekstilan Indonesia) has told WTiN.com that it enthusiastically endorses the opening of negotiations between the European Union (EU) and Indonesia to forge a Comprehensive Economic Partnership Agreement (CEPA) free trade deal.

The goal of the talks announced in July will be to create an agreement that goes beyond traditional agreements that focus on duty and quota abolition, to include removing non-tariff barriers through regulatory mutual recognition and harmonisation.…

Metal traders will be examining new trade talks between the European Union (EU) and Indonesia, with negotiators targeting non-tariff red tape that has been hindering Indonesian exports to Europe of its key tin reserves.

The talks, announced last month (July) will begin later this year and Indonesian non-ferrous metal exporters could benefit from the abolition of tariffs and other trade barriers.…

THE INDONESIAN knitwear sector stands to boost its access to European Union (EU) markets should new talks to forge an EU-Indonesia trade deal prove successful. Trade is already significant – Indonesian exports to the EU of knitted or crocheted men’s and boys’ shirts generated receipts of USD35.1 million in 2014, for instance; for knitted and crocheted fabrics the figure was USD14.1 million in 2014, according to international trade data.…

THE EUROPEAN Commission has told just-style it is planning to launch a sustainability impact assessment on a proposed European Union (EU)-Indonesia free trade deal that is expected to boost apparel and textile trades on both sides.

A spokesperson from the European Commission’s trade directorate general said the assessment’s “valuable input” will help negotiators on both sides to hone the deal, the spokesperson said.…

INDONESIA’S hand-made traditional textile sector, especially its famous batiks, is lagging behind growth on its large scale machine-printed batik motifs on apparel and textiles, industry experts have warned. And this is a pity, given this potentially lucrative high end production has not been recognised for its true potential value on the international market, they have said.…

Thailand-based automotive original equipment manufacturers (OEMs) are set to benefit from the expansion of an existing auto tariff-free zone to Association of Southeast Asian Nations (ASEAN) members Cambodia, Laos, Myanmar and Vietnam in 2018. These would then join this ASEAN-linked trading zone’s member countries Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand to forge an ASEAN-wide automotive market bloc.…

THE EUROPEAN Union (EU) chocolate sector stands to access supplies from the world’s third largest cocoa producer – Indonesia – should new talks to forge an EU-Indonesia trade deal prove successful. The country produced around 400,000 tonnes of cocoa in 2015.…

Asian paint and coatings manufacturers are set to benefit from the expansion of an existing automotive tariff-free zone spanning Association of Southeast Asian Nations (ASEAN) member countries Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand to Cambodia, Laos, Myanmar and Vietnam.…

Indonesian negotiators must press harder to make progress on the European Union (EU)-Indonesia free trade agreement or textile manufacturers risk losing market share to neighbouring competitors like Vietnam, according to the Indonesian Textile Association (API – Asosiasi Pertekstilan Indonesia). Its chairman Ade Sudrajat told WTiN.com…