Business News

LPEI Promotes Export of Aromatherapy Batik from Madura to Foreign Countries

Lembaga Pembiayaan Ekspor Indonesia (LPEI) is actively promoting the export of aromatic therapy batik from Madura to international markets. This unique batik product emits fragrant scents of spices and flowers from the fabric, produced by Al Warits, a partner of LPEI since 2019. In their official release, LPEI reaffirms its…

Customs in Kupang Accompany Business Players in Direct Export Activities

The Kupang Customs Office in Nusa Tenggara Timur (NTT) is actively assisting SMEs in exporting their products directly, bypassing trading intermediaries. Nanang Sekti, the Head of Internal Compliance and Outreach Section (KIP) at the Kupang Customs Office, highlights their role as trade facilitators, particularly for domestic businesses, aiming to enable…

Minister Luhut Targets Central Sulawesi to Develop Durian Export Potential

Luhut Binsar Pandjaitan, aims to develop the export potential of durian commodities in Central Sulawesi in collaboration with China.Luhut emphasizes the significance of durian, noting that China imports up to USD 8 billion worth of durians annually. Exploring Sulawesi Tengah's potential for durian cultivation, he envisions substantial benefits for local…

Sri Mulyani Talks About Energy Transition: Requires Very Large Investments

In a meeting of G20 Finance Ministers and Central Bank Governors in Washington D.C. on April 17, 2024, Indonesian Finance Minister Sri Mulyani Indrawati emphasized the substantial investment needed for energy transition. She stressed the importance of prioritizing inclusivity and fairness in future climate planning, aligning with the G20 Transition…
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