Business News
Sandiaga Targets G20 Summit in Bali to Contribute USD 150 Million in Tourism Foreign Exchange
Minister of Tourism and Creative Economy Sandiaga Uno targets the G20 Summit in Bali in November to increase foreign exchange reserves from the tourism sector by USD 100-150 million. He calculated this figure from the visits of 50 thousand foreign tourists during the international agenda. "We are targeting (expenditures) of…
Through Communal Branding, East Java Exports 200 Tons of Coffee to Egypt Worth IDR 6.2 billion
The efforts of the East Java Provincial Government (East Java Provincial Government) to expand MSME access to the global market through the Communal Branding system have yielded results. Precisely on Wednesday (26/10/2022) last week, the 'Javeast Coffee' brand coffee product from the communal branding was successfully exported to Indonesia for…
Export Potential Amid the Trend of Processed Crickets
Processed food products from crickets are now becoming a trend. Some of its downstream products produced abroad are chips, soy sauce, ramen, and beer. This trend can be seen from the export activity of crickets to countries in Asia, such as Thailand, Japan, South Korea. In addition, there are exports…
Indonesian Government Decides Export Levy of USD 0/MT to be Continued as of 1 November 2022
The government pays serious attention and remains committed to supporting the oil palm plantation sector as one of the national strategic commodities, where various policies have also been established to support this. One of the policies implemented is the determination of the Export Levy (PE) to US$0/MT which has been…
