Business News
Ministry of Trade Will Update Policy, Help Textile Industry
(Ministry of Trade) will update the trade remedies policy to prevent and recover losses for domestic industry players, particularly in the Textile and Textile Products (TPT) sector. Trade Remedies are instruments used to protect domestic industries from losses due to unfair trade practices. The form of this policy can be…
IKN Attracts Foreign Investors, Jokowi Opens Core Areas for Investment
President Joko Widodo will include foreign investment in the development of the Central Government Core Area or KIPP IKN Nusantara. Foreign investment will enter areas 1B and 1C in KIPP IKN Nusantara. This step was taken because not all regional development relies on the state budget. For information, the construction…
Through Partnerships, Export-Oriented Horticultural Products Continue to be Boosted
The government is developing export-oriented horticultural commodities using the Creating Shared Value (CSV) pattern to optimize regional economic potential. The development of export-oriented horticulture with the CSV pattern is a program under the coordination of the Coordinating Ministry for Economic Affairs. These efforts are carried out through the development of…
Ministry of Trade Ensures CPO Export Rights Ratio Policy Has Not Changed
The Ministry of Trade (Kemendag) ensures that currently there is no change in the quota ratio for export rights for crude palm oil (CPO) products and their derivative products. Plt. The Director General of Foreign Trade, Didi Sumedi, said that the provisions remained at 8 times the amount of the…
