Indonesia Business
• Main exports: Oil, gas, electrical appliances, plywood, textiles and rubber.
• Main imports: Machinery and equipment, chemicals, fuel and food.
• Main trade partners: Japan, Singapore, USA, China (PR) and Korea (Rep).
Economy
Oil and natural gas are the most important raw materials produced by Indonesia. Tourism has become a major industry and vital source of foreign exchange, although it suffered in the wake of the Bali bomb attacks, as well as the tsunami; the government has estimated that the reconstruction of Aceh and North Sumatra will cost Rp58.3 trillion (£3,410 million). In May 2008 the government cut fuel subsidies leading to a 29% rise in the price of fuel. Inflation is currently running at 11%.
Business Etiquette
Private office hours: Mon-Fri 0900-1700 or 0800-1600.
Government office hours: Mon-Fri 0800-1600.
Conferences & Conventions
Business Contacts
Jalal Majapahit 18-20, Jakarta 10160, Indonesia
Tel: (21) 380 8091.
Website: www.kadin.or.id
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