Indonesia


Customs World inks MoU with Indonesia to roll out World Logistics Passport

Customs World inks MoU with Indonesia to roll out World Logistics Passport

By Mohd Aamir Dec 4 2019 / Emirates News Agency DUBAI, 4th December, 2019 (WAM) — A Memorandum of Understanding was recently signed between Customs World, a subsidiary of the Ports, Customs and Free Zone Corporation, and the Indonesian Logistics and Forwarders Association, to share information that benefits both parties in order to boost the bilateral exchange of goods between the two countries through the use of the World...

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South Korea and Indonesia Agree Trade Deal

Oct 16 2019 / The Marine Times Executive South Korea and Indonesia have reached a preliminary trade deal equivalent to a free trade agreement but also including broader economic cooperation. The agreement is expected to help boost trade between the two nations by nearly 50 percent by 2022. The move is part of South Korea’s on-going efforts to expand exports in the region and comes after a five-year break...

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Plastic Waste Piles Up as Indonesia’s Import Crackdown Backfires

By Viriya Singgih Aug 2 2019 / Bloomberg Indonesia’s crackdown on waste imports is backfiring with its plastic recycling industry in disarray and hundreds of containers of used materials clogging its ports. Authorities ordered close scrutiny of trash imports after random inspections in May led to the discovery of more than 80 containers of illegal waste from the U.S., Australia and Europe. About 1,000 containers are now waiting for...

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Bold Reform Within Indonesian Customs And Excise Administration

Vincent LinggaThe Jakarta Post Jakarta   /   Mon, January 7, 2019   /   09:16 am Customs and excise offices are not popular institutions in many countries as they are deemed to be notoriously corrupt. Even the Bible negatively perceives customs collectors as sinners, as in the story of Zacchaeus, who later was happily reformed and gave half of his possessions to the poor. Authoritarian president Soeharto was so fed...

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AEC 2015 will have no immediate impact…. but is extremely important for ASEAN

Given the extensive and wildly enthusiastic press coverage which greeted AEC 2015, the economic cooperation agreement between the ten ASEAN nations which came into effect on Jan 1 2016, one could be forgiven for thinking that the skies across the region would by now be being criss-crossed by eager executives of the world’s largest companies, all ready to hammer out deals and get their seat at the ASEAN table....

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Company Director Sentenced for Customs Offences

A company director was sentenced by the State Courts on 9 July 2015 to a fine of $434,000 for customs offences. Tok Beng Tong, 42, a Singaporean, pleaded guilty to 58 customs offences including submitting false statements and declarations in applications for back-to-back certificates of origin (CO), and import and export permits. Another 119 charges were taken into consideration in the sentencing. Investigations revealed that Tok, who is the...

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