Business News

Sumedang Textile Products Exported to Germany, Trade Minister: Momentum to Expand Market Access

Minister of Trade Zulkifli Hasan released the export of PT Kewalram's textile products in Sumedang, West Java, today, Saturday (13/8/2022). The textile products exported were 10 containers of polyester yarn worth USD 400 thousand to Germany, Poland, Malaysia, India and Estonia. In addition to traditional countries, PT Kewalram has now…

Ministry of Finance Provide Incentive for The New and Renewable Energy’s Producers

The Directorate General of Customs and Excise (DJBC) of the Ministry of Finance (Kemenkeu) will provide incentives to companies that produce New and Renewable Energy (NRE). Director of Customs Facilities at the Ministry of Finance of the Ministry of Finance, Untung Basuki, said that his party is currently reviewing the…

Foreign Capital of IDR 7.74 Trillion Hit the Country This Week

Bank of Indonesia (BI) recorded that foreign capital inflows to the domestic financial market amounted to IDR 7.74 trillion on August 8-11, 2022. Executive Director and Head of BI Communications Department Erwin Haryono, foreign capital inflows through Government Securities (SBN) amounted to IDR 4.29 trillion and the stock market amounted…

Lobster to be Exported Directly from West Nusa Tenggara

The development of a lobster village cultivation area in Telong-Elong, Jerowaru, East Lombok Regency continues to be a process. The master plan has also been finalized. The Ministry of Marine Fisheries (KKP) is committed to realizing this lobster village. It is projected that by 2023, NTB will already become a…
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