Business News
The Ministry of Trade Prepares Policies to Strengthen Downstreaming of Export Products
The Ministry of Trade has introduced policies to support and strengthen the downstreaming of domestic export products. This includes relaxing export regulations for several mining products and simplifying export licensing. Trade Minister Zulkifli Hasan announced these measures at the Synergy Forum in Surabaya, themed "Industrial Downstreaming Strategy to Increase Exports…
Minister of Trade Zulkifli Hasan Says Steel Exports Boost Indonesia's Trade Balance Surplus
Minister of Trade Zulkifli Hasan, also known as Zulhas, oversaw the export of eight containers of coated steel products from PT Tata Metal Lestari (Tatalogam Group) in Sadang, Purwakarta, West Java, to Australia, Canada, and Puerto Rico, valued at USD 808,262. Zulhas emphasized that this export initiative is a tangible…
Indonesia and Japan Strengthen Economic Cooperation Through International Forums and Strategic Agreements
Economic cooperation between Indonesia and Japan has been further strengthened through various international forums such as the Indo-Pacific Economic Framework for Prosperity (IPEF), the Indonesia-Japan Economic Partnership Agreement (IJEPA), and the ASEAN-Japan Comprehensive Economic Partnership Agreement (AJCEPA). At the end of 2023, Indonesian President Joko Widodo and Japanese Prime Minister…
Ministry of Tourism and Creative Economy Records 17 Million Foreign Tourist Visits to Bali
The Ministry of Tourism and Creative Economy (Kemenparekraf) highlights Bali as a significant contributor to Indonesia's international tourist arrivals, accounting for approximately 80% or around 17 million foreign visitors this year. Dwi Marhen Yono, Director of Tourism Marketing at Nusanatara Kemenparekraf, emphasized Bali's enduring appeal as a primary destination for…
