Business News
Bengkulu's Trade Balance Shows a Surplus of IDR 2.177 Trillion
The Central Statistics Agency (BPS) reported that Bengkulu Province's trade balance throughout 2023 achieved a surplus of USD 144.25 million or approximately IDR 2.177 trillion based on the exchange rate on August 1, 2023. The trade surplus of Bengkulu Province in June 2023 reached USD 22.82 million. Meanwhile, the trade…
The Government Evaluates Visa-Free Program Based on Reciprocity, Benefits, and Security
The government is set to conduct an evaluation of the visa-free visitation program, focusing on three key principles: reciprocity, benefits, and security. This was revealed by the Minister of Tourism and Creative Economy. The Minister stated that in the past, we had a visa-free policy for visitors from 159 countries,…
Kapok Fiber As An Innovative Product of Karaban Youth Elevating the Local Industry to the International Stage
Pati Regency stands as one of the largest producers of Randu plant fiber in Indonesia, commonly known as Kapok or Kapok randu. The region of Mina Tani, renowned for its Kapok randu products, is located in the village of Karaban, Gabus Sub-district. The majority of the villagers in Karaban are…
The Ministry of Trade Prepares Commodity Auction Market Rules: Tobacco to Carviar
The Ministry of Trade will issue a Minister of Trade Regulation (Permendag) regarding the commodity auction market. Head of CoFTRA Didid Noordiatmoko said the commodity auction market would make it easier for entrepreneurs to sell their commodities. Currently, there is a Presidential Order or Presidential Regulation Number 75 of 2022…
