Business News

Java Coffee Culture 2024 Expected to Enhance Coffee Export Competitiveness

Java Coffee Culture (JCC) is being held for the fourth time by the East Java Provincial Representative Office of Bank Indonesia (KPw BI Jatim). Acting Head of the East Java Provincial Representative Office of Bank Indonesia, Bandoe Widiarto, stated that JCC can enhance the competitiveness of coffee exports, particularly from…

Government Plans to Impose Import Duties on Clothing and Ceramic Imports

The Indonesian government plans to impose import duties ranging from 100% to 200% on certain goods, including footwear and ceramics, as part of efforts to protect domestic industries, announced Trade Minister Zulkifli Hasan on Friday, June 28th. Zulkifli Hasan emphasized that the average tariff on these goods would exceed 100%.…

Bali's Tobacco and Cigarette Exports Increase

The Central Statistics Agency (BPS) reported a significant increase in the trade of tobacco and cigarette products in Bali during April and May 2024 (YoY). Endang Retno Sri Subiyandani, Head of BPS Bali, stated that tobacco and cigarette exports in May 2024 amounted to USD 1.3 million, a 28,040% increase…

Ministry of Trade Dispatches Coffee Export to the US Worth 1.48 Million USD

Minister of Trade Zulkifli Hasan facilitated the export of 10 containers of green bean coffee produced by PT Ujang Jaya International, valued at USD 1.48 million, to the United States from Deli Serdang, North Sumatra. He emphasized the government's efforts to strengthen exports to maintain a trade surplus, highlighting that…
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