The Government Limit Imports, Luxury Cars Above 3,000 cc Are One of them

By : Ridwan And Aldi Firhand. A | Tuesday, September 04 2018 - 21:54 IWST

Car Illustration (Ist)
Car Illustration (Ist)

INDUSTRY.co.id - Jakarta, the Government has decided to limit the import of a number of commodities. This is done to control the current account deficit experienced by Indonesia today.

Minister of Industry Airlangga Hartarto said that the government had evaluated 900 commodities subject to import restrictions. One of them is a luxury car above 3,000 cc.

"Regarding luxury goods, for example luxury cars above 3,000 cc, we will limit or we stop for a while," he said at the Parliament Building, Jakarta, Tuesday (04/09/2018).

Although the government will control imports, Airlangga guarantees that raw materials for industry will not be restricted. This is to ensure that industrial activities are not disrupted.

"Yes, for the Ministry of Industry importing raw materials, auxiliary materials, capital goods is part of the investment to increase productivity. Of course we encourage it to keep going," he explained.

In addition to controlling imports, the government is also trying to spur exports by providing incentives for labor-intensive industries. Examples are automotive, textiles and textile products, chemistry and biochemistry, food and beverages, and electronics.

"Electronics now import is still high, we will boost exports. But it takes time for electronics, because if we talk about industry 4.0 we talk internet of things so we still need a lot of steps," said Minister of Industry.

News Comment

Today's Industry

Southeast Asia TRENDER Report 2020

Kamis, 03 Desember 2020 - 13:15 WIB

ZALORA Launches Inaugural Southeast Asia TRENDER Report

The report seeks to answer retail e-commerce conundrums for fashion, beauty and lifestyle segments in the region that have been further fuelled by the ongoing pandemic.

PATA Face of the Future 2021

Kamis, 03 Desember 2020 - 12:15 WIB

Submissions Invited for PATA Face of the Future 2021

PATA is a not-for-profit membership association that acts as a catalyst for the responsible development of travel and tourism to, from and within the Asia Pacific region.

Hotel Resonance Taipei, Tapestry Collection by Hilton

Kamis, 03 Desember 2020 - 11:45 WIB

Hilton Launches First Hotel under Tapestry Collection in Asia Pacific

Square International Stays Corp, a subsidiary of Prince Housing & Development Corp, under a franchise agreement with Hilton.

Daniel J. Blanchett is an English and Emotional Intelligence lecturer at President University in Cikarang and is currently pursuing a Masters in Management Technology

Selasa, 01 Desember 2020 - 06:00 WIB

Leveraging Business Opportunities through the Push-Pull-Moring Model in a COVID-19 World

Utilizing the Push, Pull, Mooring model (PPM) businesses can identify and take advantage of customer dissatisfaction in the marketplace by competitors.

Oleg Mogilevsky - Product Marketing Manager at Check Point Software Technologies (Photo by Linkedin)

Selasa, 10 November 2020 - 11:00 WIB

Five Reasons to Reevaluate Your Endpoint Protection

With the new emerging threats caused by remote working standards, security professionals need to reevaluate their approach to protecting endpoints. In order to do so, it’s vital that organisations…