Business News

East Java Coffee Export Demand Begins to Increase

The Association of Indonesian Coffee Exporters (Gaeki) for East Java said that the trend of East Java coffee exports in the third quarter of this year could reach 24,715 tons or US $ 36.2 million, an increase compared to conditions in the previous quarter. Secretary of East Java Gaeki, Ichwan…

Shrimp Exports Become the Primadona during the Corona Pandemic

The Ministry of Maritime Affairs and Fisheries (KKP) stated that the shrimp commodity is still the star of global demand for the marine and fisheries sector amid the corona virus (covid-19) pandemic. "Even though the Covid-19 pandemic is still ongoing, shrimp is still the star with global demand that is…

Foreign Property Ownership Discussion on Omnibus Law

Ownership of apartments by foreigners is stated in Article 144 (1) of the Job Creation Law, which says that ownership of apartment units (Sarusun) can be given to foreigners who have permits in accordance with the provisions of laws and regulations. This article is considered unclear and has the potential…

Indonesian Palm Oil Exports Soar Despite Declining Production

Indonesia, the world's largest producer of palm oil, has seen an increase in exports amid a decline in production. The Indonesian Palm Oil Association noted that exports in July increased 13 percent from the previous month. "From January to July, palm oil exports to India increased 22 percent compared to…
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