2018 Keqiao Textile Expo opened opportunities for textile and garment enterprises to market their products locally and internationally. A textile company that had never missed the exhibition in Shaoxing City was Shaoxing Mulinsen Textile Co. Ltd. which was always targeting buyers and Indonesian company.

Director of Shaoxing Mulinsen Faye Wang said thatits biggest market was Indonesia. In fact, according to him, half of the company’s revenue was from the exports to Indonesia. “Our revenue last year reached 100 billion US dollars and 50 billion US dollars was from sales to Indonesia,” he said.

The companies’ target cities in Indonesia were Bandung and Jakarta. “More sale were at Bandung, and a few (other) at Jakarta,” he said. This year Faye’s company was anticipating a 25 percent increase in exports to Indonesia by relying on woven and polyester products.

Faye’s company also marketed its products to Southeast Asian countries (50-60 percent of total exports), and also, to Western countries such as Los Angeles US, Italy and France. Within a year, his company followed six exhibitions, such as in Canton and Shanghai, which could contribute up to 20 percent to corporate income.

Except of served direct purchases, Faye’s company accepted orders through its electronic commerce services by using the popular Alibaba application in China.

Became a Target

Just like Shaoxing Mulisen, Sanmai Fabric textile company also made Indonesia as one of the main markets for their products. Sanmai Fabric’s representative,Diz Qian, said that his company earned $ 2 million in revenue from the exports to Indonesia.

“Indonesia is the second country of our target market, after Sri Lanka,” he said. He also added that from the exports to Sri Lanka, the company could earn 3 million US dollars per year or one-fifth of the company’s annually revenue which was 15 million US dollars. “So the total percentage of the exports to ASEAN countries was about 30 percent,” he said.

The company marketed the P/D and metallic materials with glittering beads that likekby South Asian people. Except of Indonesia and Sri Lanka, Sanmai Fabric also marketed its products to North America such as Mexico and Los Angeles, also toSouth America and Europe.

Diz Qian said his company also often participated in the exhibition, which allowed the textile industry to expand the market. “It can even go up twice,” said Diz Qian, wherehis company’s factories operated in Shaoxing and Fujian.

Source: Antara

Disclaimer: This article is a summary of news articles obtained from a number of mass media. We are not responsible for the accuracy of data or sources of information presented by the mass media that became the reference.

INESIA is an Indonesian Legal Process Outsourcing provider. INESIA has assisted Clients in establishing Foreign Direct Company and Representative Office more than 250 entities with 100% success rate. We also assisted local and multinational companies in handling their corporate legal matters, including providing legal retainer services for day to day business operations.

Contact Us Now to get your legal solution for your business goals.

Email : info@investinindonesia.id

Hotline/Whatsapp : +62812-1000-7112

Office : +6221-80674920

The post Indonesian Market Became Target of China’s Textile Industry appeared first on INESIA.

Thousands sheet of neatly lined fabrics filled the area of ​​China Textile City International Convention and Exhibition Center, where became the site of the 2018 Keqiao Textile Expo in Shaoxing, China. The spring exhibition, which included 1,392 booths and 540 textile companies, also offered a variety of textile products, consist of clothing, curtains, and hijab, which were sold on demand.

2018 Keqiao Textile Expo opened opportunities for textile and garment enterprises to market their products locally and internationally. A textile company that had never missed the exhibition in Shaoxing City was Shaoxing Mulinsen Textile Co. Ltd. which was always targeting buyers and Indonesian company.

Director of Shaoxing Mulinsen Faye Wang said thatits biggest market was Indonesia. In fact, according to him, half of the company’s revenue was from the exports to Indonesia. "Our revenue last year reached 100 billion US dollars and 50 billion US dollars was from sales to Indonesia," he said.

The companies’ target cities in Indonesia were Bandung and Jakarta. "More sale were at Bandung, and a few (other) at Jakarta," he said. This year Faye’s company was anticipating a 25 percent increase in exports to Indonesia by relying on woven and polyester products.

Faye’s company also marketed its products to Southeast Asian countries (50-60 percent of total exports), and also, to Western countries such as Los Angeles US, Italy and France. Within a year, his company followed six exhibitions, such as in Canton and Shanghai, which could contribute up to 20 percent to corporate income.

Except of served direct purchases, Faye’s company accepted orders through its electronic commerce services by using the popular Alibaba application in China.

Became a Target
Just like Shaoxing Mulisen, Sanmai Fabric textile company also made Indonesia as one of the main markets for their products. Sanmai Fabric’s representative,Diz Qian, said that his company earned $ 2 million in revenue from the exports to Indonesia.

"Indonesia is the second country of our target market, after Sri Lanka," he said. He also added that from the exports to Sri Lanka, the company could earn 3 million US dollars per year or one-fifth of the company’s annually revenue which was 15 million US dollars. "So the total percentage of the exports to ASEAN countries was about 30 percent," he said.

The company marketed the P/D and metallic materials with glittering beads that likekby South Asian people. Except of Indonesia and Sri Lanka, Sanmai Fabric also marketed its products to North America such as Mexico and Los Angeles, also toSouth America and Europe.

Diz Qian said his company also often participated in the exhibition, which allowed the textile industry to expand the market. "It can even go up twice," said Diz Qian, wherehis company’s factories operated in Shaoxing and Fujian.

Source: Antara

Disclaimer: This article is a summary of news articles obtained from a number of mass media. We are not responsible for the accuracy of data or sources of information presented by the mass media that became the reference.

INESIA is an Indonesian Legal Process Outsourcing provider. INESIA has assisted Clients in establishing Foreign Direct Company and Representative Office more than 250 entities with 100% success rate. We also assisted local and multinational companies in handling their corporate legal matters, including providing legal retainer services for day to day business operations.

Contact Us Now to get your legal solution for your business goals.
Email : info@investinindonesia.id
Hotline/Whatsapp : +62812-1000-7112
Office : +6221-80674920

The post Indonesian Market Became Target of China’s Textile Industry appeared first on INESIA.

Currently Indonesia is managing to create a world class vegetarian tourist destination following the growing number of the vegetarian community tourist who come to Indonesia to enjoy Indonesian culture, especially from India and China. "The world’s vegetarian community are about 500 million people, the largest members are in India which are about 350 million, and in China which are about 50 million. Both of countries are included on the Top 5. The major foreign tourist are from China, Europe, Australia, Singapore and India," said Tourism Minister Arief Yahya.

The most tourists who visit to Indonesia are from China, which are reaching 2.2 million, with the growth is 42 percentand the most foreign income that could be gained compared to other foreign tourists. Basically, tourists from China are on the top according tothe amount, sustainability or growth, and spread or earnings of foreign income.

Starting this year, tourists from India are ranked number fifth on the Top 5 of foreign tourist. Indonesia has targeted to gain 700 thousand Indian tourists, and the growth of 40 percent of tourists from this country. Last year the amount of tourists from India which visit to Indonesia are about 485,000 tourists. They were more than the amount of tourist from Korea, and this year will be more than tourist from Japan.

Indonesian vegetarian community has digitally managed 10 vegetarian tourist destinations, including those which already launched in Belitung, Banten, Tomohon, Batam and Pontianak. The community also has mentioned 10 vegetarian food in Indonesia, such as: gado-gado, tamarind soup (sayurasem), fried rice, and pecel.

"Initially when tourist asked are there any vegetarian tourist destinations in Indonesia, one of them is in Belitung, which is a tourism village with organic garden. There are also 10 kinds of favorite vegetarian food, such as gado-gado, fried rice, and pecel," said Arief. According to Oliver’s Travel’s The Global Vegetarian Index, Indonesia’s current position is on 16th out of 183 vegetarian friendly countries or entering on the Top 20 Vegetarian-Friendly Countries.

On the Top 20 Vegetarian Friendly Countries, Seychelles are on the top, the second is Thailand, and the third is Malaysia. The amount of vegetarian restaurants in Indonesia are 438 restaurants, while Malaysia has 1,185 restaurants, Thailand has 908 restaurants, and Singapore has 654 restaurants.

Source: Antara

Disclaimer: This article is a summary of news articles obtained from a number of mass media. We are not responsible for the accuracy of data or sources of information presented by the mass media that became the reference.

INESIA is an Indonesian Legal Process Outsourcing provider. INESIA has assisted Clients in establishing Foreign Direct Company and Representative Office more than 250 entities with 100% success rate. We also assisted local and multinational companies in handling their corporate legal matters, including providing legal retainer services for day to day business operations.

Contact Us Now to get your legal solution for your business goals.
Email : info@investinindonesia.id
Hotline/Whatsapp : +62812-1000-7112
Office : +6221-80674920

The post Indonesia Opens Vegetarian Tourist Destinations appeared first on INESIA.

Singapore is still on the top of the list as the biggest investor in Indonesia during the first three months in Indonesia. "Singapore is still on the top of the amount of investment with 2.65 billion US dollars in the first quarter of 2018," said Deputy of Controlling The Implementation Investment on Investment Coordinating Board (BKPM) Azhar Lubis.

On the second position is Japan with the total investment of 1.36 billion US dollars, and followed by South Korea with 940 million US dollars. On the fourth position, China with the investment of 676.2 million US dollars, and on fifth position is Hong Kong with 516.1 million US dollars.

Azhar explained that although the position of China went down one rank, but according the amount of investment amount, it has continued to increase compared to the same period on the previous year. "China’s investment on the first quarter of 2018 (nearly) 700 million US dollars. On the same period in 2017, China was on the third ranked with (investment) about 600 million US dollars. The Grade of rating went down, but from the nominal and percentage China has risen," he explained.

On the same time, Chairman of BKPM Thomas Trikasih Lembong said that the increasing of China’s investment trendis not only happening in Indonesia but also around the world. China is the main of trading partner of 121 countries in the world. Furthermore, this country is also a major source of international tourists of many countries around the world, especially after becoming the strongest economy in Asia Pacific.

"So It is common that logically China must be one of the biggest investors in almost all countries in Asia Pacific, even in the world," he said. BKPM noted that the realization of the amout of investment during the first quarter of 2018 is Rp185, 3 trillion. It is increased of 11.8 percent over the same period in 2017 that the amount wasRp165, 8 trillion.

The realization of domestic investment (PMDN) isRp76, 4 trillion, has risen 11 percent from the same period of the previous year that amount of Rp68, 8 trillion. There is also the realization of foreign investment (PMA) of Rp108, 9 trillion, up to 12.4 percent from the achievement in the same period of the previous year that amount ofRp97 trillion. The Total Jobs that have created during January-March 2018 were 201,239.

Source: Antara

Disclaimer: This article is a summary of news articles obtained from a number of mass media. We are not responsible for the accuracy of data or sources of information presented by the mass media that became the reference.

INESIA is an Indonesian Legal Process Outsourcing provider. INESIA has assisted Clients in establishing Foreign Direct Company and Representative Office more than 250 entities with 100% success rate. We also assisted local and multinational companies in handling their corporate legal matters, including providing legal retainer services for day to day business operations.

Contact Us Now to get your legal solution for your business goals.
Email : info@investinindonesia.id
Hotline/Whatsapp : +62812-1000-7112
Office : +6221-80674920

The post Latest Update of Biggest Country’s Investor in Indonesia appeared first on INESIA.

Indonesia is mentioned to be a country that easy to invest and starting a business, that make China interested to invest in.

Representatives from the Chinese Embassy to Indonesia Wang Liping explained that Indonesia is one of the countries that easy doing good business. Therefore China decide to invest in Indonesia. "The regulation in Indonesia is quite good, and the government began to provide convenience such as tax holiday. It is a revolutionary policy to encourage investment in Indonesia," said Wang at the Office of BKPM.

Wang said, one of the area in Indonesia, East Java, is a place that has a high potential for the manufacturing of industry, food and automotive. Except of these sectors, China also invest to e-commerce and digital industries sector in Indonesia.

"E-Commerce in Indonesia is growing very rapidly with big market and population that is why Alibaba, JD and Baidu have started to enter in Indonesia (market)," he explained. Based on the data of BKPM, China is on the seventh position of the top 10 investor countries in Indonesia during 2012-2017 that has 5,365 projects with the amount of investment is US$ 7.8 billion.

Head of Promotion and Investment Services of BKPM of East Java, Andromeda Qomariah, explained that currently East Java is on the second position for the ease of doing business after Jakarta. "We continue to provide the easy way of doing business to attract investment," said Andromeda.

According the data of 2015, the population in East Java was 38.84 million with the area of ​​about 48,039 km. The economic growth in East Java in the fourth quarter of 2017 was at 5.72%. The growth was slow but compare to national growth it is higher. In 2017, foreign capital inflows from China to East Java was US$ 77.04 billion with 335 projects, and created job for 5,407 people.

Source: Antara

Disclaimer: This article is a summary of news articles obtained from a number of mass media. We are not responsible for the accuracy of data or sources of information presented by the mass media that became the reference.

INESIA is an Indonesian Legal Process Outsourcing provider. INESIA has assisted Clients in establishing Foreign Direct Company and Representative Office more than 250 entities with 100% success rate. We also assisted local and multinational companies in handling their corporate legal matters, including providing legal retainer services for day to day business operations.

Contact Us Now to get your legal solution for your business goals.
Email : info@investinindonesia.id
Hotline/Whatsapp : +62812-1000-7112
Office : +6221-80674920

The post Indonesia Becomes China’s Destination of Investment appeared first on INESIA.