Business News
Export of Processed Tuna and Skipjack Products to Japan Exempted from Import Duties
The Indonesian Ministry of Marine Affairs and Fisheries (KKP) announced that processed tuna and skipjack products from Indonesia will now enjoy duty-free access to Japan. Budi Sulistiyo, the Director-General of Marine and Fisheries Product Competitiveness Strengthening (PDSPKP), stated that four tariff lines have been granted a 0% tariff rate. These…
Indonesia Needs to Boost Share of Tradable Goods in National Economy
Indonesia must increase the share of tradable goods in its economy to strengthen exports and generate more foreign currency revenues, according to National Development Planning Minister Suharso Monoarfa. Suharso highlighted that currently, tradable goods—such as manufactured products and commodities—make up less than 50% of the country's economic transactions. In contrast,…
ASEAN Unites in ACTF-BE: Concrete Steps Towards a Sustainable ASEAN Blue Economy
The Lao People's Democratic Republic emphasized that the Mekong River, often referred to as the "mother of all rivers," is a vital waterway where many tributaries and smaller streams from various countries in the region converge. This makes the Mekong a river that connects the lives of people in Laos,…
Kemenko Marves Updates Progress on Indonesia's Low-Carbon Electricity Exports to Singapore
Indonesia's Coordinating Ministry for Maritime Affairs and Investment (Kemenko Marves) has confirmed ongoing plans to export low-carbon, green electricity to Singapore. Deputy for Infrastructure and Transportation Coordination, Rachmat Kaimuddin, revealed that the government is currently in the process of identifying suppliers for solar panels, along with discussions on cable connections…
