Business News
ILO Indonesia Backs Labor Supervision in the Fisheries Sector
The International Labour Organization (ILO) is supporting joint labor inspections in Indonesia's fisheries sector to prevent forced labor at sea. This initiative follows the signing of a Memorandum of Understanding between the Ministry of Manpower and the Ministry of Maritime Affairs and Fisheries. The ILO aims to assist the Indonesian…
Minister of Agriculture SYL Urges Indonesian Merchants to Support Agricultural Production Acceleration
Minister of Agriculture Syahrul Yasin Limpo (Mentan SYL) urges Indonesian traders to support the acceleration and increase in agricultural production. According to SYL, the role of traders, especially large-scale traders like ISMI, is crucial in absorbing farmers' produce, especially during the ongoing extreme El Nino weather conditions until August. SYL…
French Roofing Producer Constructs Factory in Pasuruan Industrial Zone, Claims 50 Percent Domestic Content Achievement
Foreign direct investment (FDI) is attracted by the implementation of the domestic content level (TKDN) program. In this case, a French bitumen roof manufacturer is starting the construction of a factory in the Pasuruan Industrial Estate, East Java. This step is expected to advance the property industry and attract investment…
Policy Relaxations Implemented to Drive Agricultural and Forestry Product Exports
The Indonesian government is intensifying the export of various non-oil and gas products, including agricultural and forestry products, which are major export commodities after mineral fuel, fats and oils, iron and steel, metal ores, and footwear. The Ministry of Trade has implemented strategic measures, including policy relaxations, to boost export…
