Jakarta, Feb. 17 -- Coordinating Minister for Economic Affairs, Airlangga Hartarto, said that the policy concerning foreign exchange earnings from the export of natural resources has not only been implemented by Indonesia, but also by Malaysia, Thailand, and Vietnam.
The newly established Government Regulation No.8 of 2025, which will take effect from March 1, requires exporters to deposit 100 percent of the foreign exchange earned from natural resource exports into domestic banks within 12 months.
"This is in accordance with the best practices carried out in various other countries, so (it is) not only Indonesia, but Malaysia, Thailand, and even Vietnam do the same thing," he pointed out at a press conference here on Monday.
He explai...
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