0_public:regulations_and_compliance:rules:export_proceeds
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0_public:regulations_and_compliance:rules:export_proceeds [2025/01/22 22:14] – pointnm | 0_public:regulations_and_compliance:rules:export_proceeds [2025/01/22 22:26] (current) – pointnm | ||
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Indonesia mandates exporters to keep 100% of export proceeds onshore to stabilize Rupiah. | Indonesia mandates exporters to keep 100% of export proceeds onshore to stabilize Rupiah. | ||
- | Jakarta announced on Tuesday that all exports with a shipping document valued at $250,000 or more will be subject to the new regulation effective March 1. | + | Jakarta announced on Tuesday that all exports with a shipping document valued at $250,000 or more will be subject to the new regulation effective March 1.((https:// |
- | At present, exporters are mandated to retain only 30% of their total earnings for a minimum period of three months. | + | At present, exporters are mandated to retain only 30% of their total earnings for a minimum period of three months.((https:// |
- | This requirement has led to increased interest costs for some exporters, Reuters said. | + | This requirement has led to increased interest costs for some exporters, Reuters said.((https:// |
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+ | Jakarta announced that the decision was undertaken to bolster the supply of the US dollar to stabilize the Indonesian rupiah, which had fallen to a 6-month low in January.((https:// | ||
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+ | To address the challenges related to working capital, the government has proposed a potential solution: allowing businesses to utilise their earnings as collateral when securing a loan.((https:// | ||
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+ | They argue that this measure is still disadvantageous to businesses as it requires them to bear the burden of loan interest, which ultimately increases their overall expenses.((https:// | ||
0_public/regulations_and_compliance/rules/export_proceeds.1737584087.txt.gz · Last modified: 2025/01/22 22:14 by pointnm