Business News
Ministry of Trade Allows People to Bring More than 2 Liters of Alcohol from Abroad
The Ministry of Trade (Kemendag) has increased the quota for people to bring alcoholic beverages (minol) or liquor from abroad for their own consumption from 1 liter to 2,250 milliliters or 2.25 liters per person. The additional quota is contained in the Regulation of the Minister of Trade Number 20…
Batam Proposed to Host the G20 Forum
Commissioner of PT PLN Bright Batam Rizal Calvary Marimbo proposed that Batam City deserves to host the G20 meeting in December 2021. "I think apart from Bali and Jakarta, Batam City is the most prepared," Rizal said in his statement in Batam, Sunday (11/7/2021). Rizal, who is also the Investment…
Luhut Prepares Attractive Incentives to Encourage Pharmaceutical Investment
Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan ensured that the government would prepare an attractive incentive scheme to encourage investment in the pharmaceutical sector. In a virtual speech at the National Forum for the Independence and Resilience of the Pharmaceutical Preparation Industry, Monday, Luhut said incentives would…
Indonesian Coffee Enters European Balkan Market
Indonesian coffee entered the market in the European Balkans with the signing of a memorandum of understanding (MoU), between an Indonesian coffee producer and a Croatian company, according to a written statement from the Indonesian Embassy in Zagreb, Wednesday (10/11/2021). The export agreement is worth 1.05 million US dollars (around…
