Business News
Government Plans to Impose Import Duties on Clothing and Ceramic Imports
The Indonesian government plans to impose import duties ranging from 100% to 200% on certain goods, including footwear and ceramics, as part of efforts to protect domestic industries, announced Trade Minister Zulkifli Hasan on Friday, June 28th. Zulkifli Hasan emphasized that the average tariff on these goods would exceed 100%.…
Bali's Tobacco and Cigarette Exports Increase
The Central Statistics Agency (BPS) reported a significant increase in the trade of tobacco and cigarette products in Bali during April and May 2024 (YoY). Endang Retno Sri Subiyandani, Head of BPS Bali, stated that tobacco and cigarette exports in May 2024 amounted to USD 1.3 million, a 28,040% increase…
Ministry of Trade Dispatches Coffee Export to the US Worth 1.48 Million USD
Minister of Trade Zulkifli Hasan facilitated the export of 10 containers of green bean coffee produced by PT Ujang Jaya International, valued at USD 1.48 million, to the United States from Deli Serdang, North Sumatra. He emphasized the government's efforts to strengthen exports to maintain a trade surplus, highlighting that…
A Foreign Investor Favorite, Tangerang City Ranks in the Top 5 Nationwide
Kota Tangerang has achieved a prestigious milestone in the field of investment and economics, emerging as a top destination for foreign investors in 2023, surpassing major cities such as Bandung, Bekasi, Semarang, and Surabaya. Ruta Ireng Wicaksono, Assistant for Economic and Development Affairs of Kota Tangerang, stated that the positive…
