Business News

Indonesia's Exports Rose by 6.9% in September 2020

The Central Statistics Agency (BPS) noted that Indonesia's export value in September 2020 was US $ 14.01 billion. Head of BPS, Kecuk Suhariyanto, said that this figure had increased by 6.97% compared to August 2020. Meanwhile, on an annual basis, the value of Indonesia's exports in September 2020 experienced a…

BC and Quarantine Implement NLE at Tanjung Perak Port

Customs and Excise, the Agricultural Quarantine Agency (Barantan), and the Center for Fish Quarantine, Quality Control and Safety of Fishery Products (BKIPM) fully implement (mandatory) Single Submission (SSm) and Joint Inspection of Customs and Excise and Quarantine at Tanjung Perak Port. This program is a mandate of Presidential Instruction 5…

Indonesia Sets Aside US$7.5 Million to Build Coral Reef Gardens in Bali

The Indonesian government is setting course to build coral reef gardens in five locations across Bali in hopes of conserving and restoring marine ecosystems around the island, as officials aim to also boost economic recovery through the project’s labour-intensive work. Officials introduced the Indonesia Coral Reef Garden (ICRG) program just…

Researcher: The Job Creation Law Opens Opportunities for Increasing Foreign Investment in the Agricultural Sector

Head of Research Center for Indonesian Policy Studies (CIPS) Felippa Amanta said, the ratification of the Omnibus Law on the Job Creation Act opens opportunities for increased foreign direct investment (FDI) in the agricultural sector, such as in plantations, livestock, and horticulture. The opportunity to increase investment in this sector…
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