Business News

Number Three in the World, Indonesian Rattan Exports Translucent IDR 5.1 Trillion

Minister of Trade Agus Suparmanto said that Indonesia is the third largest rattan producer in the world after China and Vietnam. Even in the January-August 2020 period, exports of Indonesian rattan products reached US $ 357.17 million or the equivalent of Rp.5.1 trillion (exchange rate of 14,338 per US dollar).…

The EU Can Improve the Political Sustainability of Next Generation EU by Making it a Long-term Structure

The EU member states’ swift agreement to set up a far-reaching, albeit temporary, stabilisation capacity and to issue Eurobonds as part of the Recovery and Resilience Facility (RRF) in July 2020 took many political observers by surprise (e.g. Corsetti et al. 2020, Garicano 2020, Giavazzi and Tabellini 2020). After all,…

Ministry of Agriculture Exports 327 Tons of Veterinary Medicine Raw Materials to European and Asian Markets

The Ministry of Agriculture (Kementan) released the first export of raw materials from animal origin preparations premix, in this case Feed Supplement in the form of Tryptophan Granule (animal feed amino acid) produced by PT. Cheil Jedang Indonesia. Total exports were 327 tonnes with a value of USD1.5 million or…

Quarter III-2020, The Volume of Coffee Warehouse Receipt Grows to 215 Percent

PT Kliring Berjangka Indonesia (Persero) released the growth of Coffee Warehouse Receipt up to the third quarter of 2020. Data from the BUMN, which acts as the Warehouse Receipt Registration Center, states that in 2020 the use of Warehouse Receipt Receipts experienced a very significant growth. For the period up…
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