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Indonesia maritime bodies seek rupiah exemption

Shipowner and shipbuilder associations say the currency requirement adds to members' hardship from the oil & gas downturn

AL-rupiah.jpg
Indonesia's shipowner and shipbuilder associations, Insa and Iperindo, want the central bank to exempt their members from the mandatory use of the rupiah, which they say is an added burden to two sectors that mostly transact in US dollars.

Singapore

INDONESIA's shipowner and shipbuilder associations, Insa and Iperindo, want the central bank to exempt their members from the mandatory use of the rupiah, which they say is an added burden to two sectors that mostly transact in US dollars.

They are separately seeking...

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