Business News
Investment Movements in Batam Predicted to Increase Throughout 2024
The Ministry of Industry (Kemenperin) has reported a 43% surge in Textile and Textile Products (TPT) imports following the implementation of Permendag 8/2024 regulations from May 17, 2024. This increase reversed a previous decline observed earlier in the year, with imports rising sharply to 194.87 thousand tons in May 2024…
Ministry of Industry Records Imports Soaring 43 Percent After Trade Regulation 8/2024 Issued
The Ministry of Industry (Kemenperin) has observed a significant 43% increase in imports of Textile and Textile Products (TPT) following the implementation of import regulations stipulated in Permendag 8/2024 starting from May 17, 2024. According to Kemenperin's data, imports surged from 136.36 thousand tons in April 2024 to 194.87 thousand…
Government Discusses Joint Efforts to Boost Lampung Province's Exports
Muhammad Suaib Sulaiman, Secretary of the Directorate General of National Export Development, welcomed Evie Fatmawaty, Head of the Department of Industry and Trade of Lampung Province, to the Ministry of Trade office in Jakarta on July 8th. During their meeting, Evie conveyed her hopes for the Ministry of Trade to…
DPR Urges Minister of Energy and Mineral Resources to Reopen Bauxite Ore Export Channels
The House of Representatives (DPR) through its Commission VII is urging Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif to reconsider the ban on bauxite ore exports, with a proposal to reintroduce limited export quotas. Deputy Chairperson of DPR's Commission VII, Maman Abdurrahman, stated that lifting the export ban…
