Business News
Ports In East Kalimantan Province Load Export Reached USD 14.55 Billion
A number of sea and river ports in East Kalimantan Province facilitated the loading of various oil and non-oil commodities for export to several destination countries, amounting to a value of USD 14.55 billion during the period of January to June 2023. The export destinations include China, Malaysia, Japan, the…
Minister of Trade Aims To Implement Zero Percent Import Duty Tariff For Pineapple and Banana Exports
Pineapples from Lampung Province dominate the global trade market, as do bananas. However, The Minister of Trade acknowledged that there are still some challenges in trading these commodities to various countries, including differing import duty tariffs in each nation. For instance, when exporting to Europe, Japan, and South Korea, each…
Featuring 900 Collections from 109 Fashion Designers, LIMOFF Becomes NTB's First International Fashion Event
The Lombok International Modest Fashion Festival (LIMOFF) was successfully held in Nusa Tenggara Barat (NTB), Indonesia, in collaboration with the Indonesian Fashion Chamber (IFC) from July 6th to 9th, 2023. This first-ever international fashion event in NTB showcased more than 900 collections from 109 renowned fashion designers. LIMOFF integrated various…
Customs Promotes Export and Import Activities Through the Implementation of NLE
Indonesia's export and import activities heavily rely on the efficiency of logistics, which directly impacts production costs and the final prices of goods. Unfortunately, in 2023, Indonesia's logistics performance index (LPI) fell significantly to the 63rd position, a decline of 17 places from its 2018 ranking at 46. To tackle…
