Business News

Ministry of Trade Ensures CPO Export Rights Ratio Policy Has Not Changed

The Ministry of Trade (Kemendag) ensures that currently there is no change in the quota ratio for export rights for crude palm oil (CPO) products and their derivative products. Plt. The Director General of Foreign Trade, Didi Sumedi, said that the provisions remained at 8 times the amount of the…

The Government Develops Export-Oriented Horticultural Commodities

The government seeks to optimize the regional economic potential. One of them is through an export-oriented horticultural development program with a Creating Shared Value (CSV) pattern under the coordination of the Coordinating Ministry for Economic Affairs. These efforts are carried out through the development of regional production centers for superior…

Exports of the Soy Sauce and Sambal Industry Reach IDR 2.76 Trillion

The soy sauce, chili sauce and tomato sauce industry sectors are included in the sectors that have a positive performance on the trade balance. Secretary General of the Ministry of Industry Dody Widodo noted that the cooking aid industry sector contributed a sizable income, reaching USD 175.8 million, equivalent to…

G20 Success, Airlangga Optimistic Indonesian Economy Continues to Grow Positively

Indonesia's G20 presidency was successfully held, even in the midst of various crises and challenges facing the world. This success also received appreciation from many countries. The Coordinating Minister for the Economy, Airlangga Hartarto said, the success of the G20 had a good impact on Indonesia. Therefore, he is optimistic…
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