Business News

Ministry of Trade: Commodity Balance Supports Import Export Permit Transparency

Director General of Foreign Trade (Ministry of Trade) Veri Anggrijono emphasized that the national Commodity Balance database system aims to support simplification and transparency of licensing in the export and import sector. “We as permit issuers, this (Commodity Balance) becomes a basis for issuance. It is a reference for issuing…

Exports of Glassware for Table Products Will Strengthen

Exports of Indonesian glassware for table products to Brazil are predicted to strengthen. The reason is, this product is finally officially free from the application of AntiDumping Import Duty (BMAD) from Brazil. Previously, the investigation into the extension of the application of BMAD for this product was officially stopped by…

Maluku's Exports in Semester I 2022 Increase by 298.86%

The Central Statistics Agency (BPS) of Maluku Province stated that the export value in Maluku in the January-June period or the first semester of 2022 reached USD 41.17 million. This export value increased by 298.86% compared to the January-June 2021 period. "Cumulatively, Maluku's export value in the January-June 2022 period…

Eight Investors in eastern Indonesia's Fishing Industry

Eight domestic investors expressed their interest in developing the fishing industry in eastern Indonesia worth IDR 156 billion. The plan is for them to develop businesses in the fields of shrimp farming, fish processing, and seaweed marketing. Director General of Strengthening the Competitiveness of Marine Products and Fisheries (PDSPKP) of…
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