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Indonesia's manufacturing sector struggles amid rupiah depreciation, soaring oil prices

ANN/THE JAKARTA POST – Indonesian manufacturers are under pressure due to the weakening rupiah against the US dollar and rising oil prices, resulting in increased input costs for the local industry. The rupiah has been declining in the recent weeks due to uncertainties related to United States monetary policy and geopolitical conflicts. The currency was […] ....

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Weaker rupiah, high oil prices hit RI manufacturing sector - Economy

Weaker rupiah, high oil prices hit RI manufacturing sector - Economy
thejakartapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thejakartapost.com Daily Mail and Mail on Sunday newspapers.

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Indonesia reviews import rules after business group complaints

Indonesia is evaluating regulations designed to curb imports of more than 3,000 products, a senior trade ministry official said on Friday, following industry concerns the rules could disrupt the domestic supply chain and disrupt exports. Southeast Asia's biggest economy issued a regulation late last year to tighten monitoring for many imported goods, from food ingredients to hand tools to chemicals. Authorities said they were responding to complaints from business associations about the impact on local markets of an influx of imported goods. ....

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