Indonesia Boosts EV Industry with Incentives and Localization Rules

Indonesia Boosts EV Industry with Incentives and Localization Rules

Indonesian President Joko Widodo has issued new regulations offering tariff reductions and adjusting the TKDN (Domestic Component Level) index to attract electric vehicle imports while fostering domestic industry growth. The new policy provides financial incentives for importers and gradually increases the required use of local components, aiming for technology transfer and industrial upgrading. The policy's effectiveness hinges on the development of local supporting industries and the government's implementation efforts. The goal is to boost the electric vehicle market and create a sustainable ecosystem.

01/19/2026 Customs Knowledge
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Oracle Cloud SCM Upgrades Logistics for Efficient Supply Chains

Oracle Cloud SCM Upgrades Logistics for Efficient Supply Chains

Oracle introduces new features to Oracle Fusion Cloud SCM Logistics Management, leveraging AI to help businesses improve supply chain efficiency, reduce risks, and enhance customer experiences. The new functionalities include intelligent transportation time and ETA predictions, and a digital assistant. These features aim to optimize both service and cost, emphasizing the integration of a unified platform with emerging technologies. The updates are designed to provide a comprehensive solution for modern supply chain challenges, ultimately leading to better operational performance and improved customer satisfaction.

01/20/2026 Logistics
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Japans Tanegashima Airport Expands As Space Tourism Hub

Japans Tanegashima Airport Expands As Space Tourism Hub

New Tanegashima Airport (RJFG/TNE) serves as a bridge connecting Earth with the dreams of space. Located in Tanegashima, Japan, it boasts modern facilities and convenient transportation, providing passengers with safe, efficient, and comfortable air travel. As a partner of the Japan Aerospace Exploration Agency (JAXA), New Tanegashima Airport is an ideal starting point for exploring Tanegashima, experiencing Japanese culture, and feeling the allure of space. It offers convenient access to JAXA's Tanegashima Space Center, making it a unique destination for space enthusiasts.

01/22/2026 Airport Codes
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US Import Boom Driven by Tariff Worries Retail Stockpiling

US Import Boom Driven by Tariff Worries Retail Stockpiling

The National Retail Federation reports that potential tariff hikes by the Trump administration are driving a surge in US imports, despite a port labor agreement. Retailers are stockpiling goods to avoid higher costs, leading to increased import volumes. The report forecasts that import volumes in the coming months will be influenced by various factors, including Lunar New Year factory shutdowns. Retailers are trying to mitigate potential cost increases before the new tariffs take effect, impacting supply chains and import patterns.

01/22/2026 Logistics
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Kuwait Announces 2026 Public Holidays for Business Travel Planning

Kuwait Announces 2026 Public Holidays for Business Travel Planning

This article details Kuwait's important holidays in 2026, including New Year's Day, Isra and Mi'raj, National Day, Liberation Day, Eid al-Fitr, Eid al-Adha, Islamic New Year, and Prophet's Birthday. It provides a detailed introduction to the background, celebrations, and precautions for each holiday, offering practical reference information for those traveling to Kuwait for tourism or business. This guide helps travelers understand local customs and plan their trips accordingly, ensuring a smooth and respectful experience during these significant cultural events.

01/23/2026 Logistics Encyclopedia
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