Business News

Ministry of Agriculture Delivers Strategic Horticultural Commodity Inflation Control Policy

The Director General (Dirjen) of Horticulture, Ministry of Agriculture, Prihasto Setyanto, conveyed several policies to control inflation for strategic horticultural commodities in 2023. The Director General of Horticulture at the Ministry of Agriculture explained that chili and shallot commodities are currently experiencing problems, due to an increase in the price…

Indonesia Ready to Support the World's Electric Vehicle Industry

Indonesia has halted exports of raw nickel since 2020 and shifted its focus to exports of processed products such as lithium batteries. This step has strengthened Indonesia's position as a major player in the global electric vehicle market which relies on lithium-ion batteries as a power source. Therefore, Indonesia is…

Lampung Provincial Government Says There will be IKM Export Training in 2023

Following up on central government orders regarding the expansion of small and medium industry (IKM) marketing to the export market, the Provincial Government of Lampung said that in 2023 there will be export training. "Actually it's been running, the Ministry of Trade has facilitated it, it's been working with us,…

Expanding Export Access, LPEI Signs Cooperation with Eximbank Malaysia

The Indonesian Export Financing Agency (LPEI)/Indonesia Eximbank signed a Memorandum of Understanding (MoU) with the Export-Import Bank of Malaysia (MEXIM) on 8 January 2023 in Jakarta. This signing was carried out as part of the Prime Minister of Malaysia's state visit to Indonesia on 8-10 January 2023. The signing of…
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