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Bryant Baker also require access to foreign exchange because they have
to be imported.
Business stakeholders are currently concerned about the
requirement to deposit export earnings in domestic accounts

as this could restrict their access to foreign currency.
Additionally, fluctuations in exchange rates could negatively
impact exporters when converting currencies.
There are also risks to cash flow and the long-term
sustainability of the business according to the Association as
company's liquidity could be affected, particularly for small
SME exporters who rely heavily on the flexibility of deposits
challenges due to the global situation, particularly the high tariff for their operational and expansion needs.
policies by the US said Fajarini Puntodewi, Director General The Association has requested the government carefully

of National Export Development at the Ministry of Trade. consider this policy to ensure it does not impede exporters
He warned that Indonesian products may struggle to enter in the creative industry sector who require significant support
the US market adding "our primary export destinations are from the government.
the US, which holds a market share of 53 percent and the He hopes a scheme will be established allowing companies
European Union, accounting for over 15 percent.” to withdraw foreign currency in specific amounts without time
“Within the EU, significant markets include the Netherlands, limits provided it is used for productive purposes.
Germany, Belgium, France and Spain, we also export to Asian

countries such as Japan,” said Fajarini. Indonesia introduced multi-business Sustainable Forest
The domestic industry must improve as global demand Management
for furniture and crafts remains promising. At the ‘Forest Governance, Markets and Climate (FGMC)
The positive growth trend is projected at 15 percent. Stakeholder Forum 2025’ in London, Indonesia unveiled its
Specifically for furniture products the global market size Multi-Business Forestry Scheme to promote sustainable forest
reached US$770 billion in 2024 and is expected to reach management.
US$925.46 billion by 2029. Agus Justianto explained that in Indonesia traditional forest
management faces the challenges of deforestation, loss of
New regulation on depositing export earnings a biodiversity and tenurial conflicts and that a transformation

challenge says association of forest management policies is needed.
The Indonesian Furniture and Craft Industry Association (Himki) Agus explained the transformation of forest management
stated that the mandatory policy requiring the depositing of in Indonesia involves first reorienting forest management with
100 percent of foreign exchange proceeds from export within a sustainable forest management approach and community
one year could negatively impact the national furniture and involvement.
craft industry which is export-oriented, labour-intensive and Indonesia, said Agus, is currently transforming its forest
closely integrated with the global supply chain. management policy by implementing Multi-Business Forestry

Export proceeds are essential for business capital, including (MUK) which is oriented towards forest landscape management.
for the purchase of high-tech production machines which By implementing MUK, forestry concessions can carry out