Business News

KPPU Urges Protection of Domestic Products from the Surge of Imported Goods

The Indonesia Competition Commission (KPPU) underscores the importance of protecting domestic micro, small, and medium enterprises (MSMEs) from the influx of imported goods. KPPU member Eugenia Mardanugraha highlighted the impact of e-commerce on increasing the penetration of relatively low-priced imported products, posing a significant challenge to domestic businesses and MSMEs…

GPEI East Java Aims for 100 SMEs to Export by 2025

The Association of Indonesian Exporters (GPEI) in East Java aims to enable 100 Micro, Small, and Medium Enterprises (MSMEs) in the region to export their products internationally by 2025. This goal was articulated by GPEI East Java Chairman, Is Darmawan Asrikan, during the Business Gathering event titled "Opportunities and Challenges…

Ambon Ships 8.55 Tons of Nutmeg to the Netherlands

On May 21, 2024, the Customs Office in Ambon facilitated the export of 8.55 tons of nutmeg (pala) by PT Kamboti Rempah Maluku to the Netherlands. Valued at 84,084.5 Euros, the shipment was loaded onto the Meratus Pariaman vessel bound for Tanjung Perak Port, Surabaya, before being transferred to export…

Indonesia's Tourism Performance Index Rises to 22nd Globally

Indonesia's tourism performance index rose to 22nd place in 2023, up from 32nd place previously. This increase in the Travel and Tourism Development Index (TTDI) was officially released by the World Economic Forum (WEF) on May 21, 2024. In its release, the WEF stated that Indonesia's tourism index position increased…
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