Business News

IRRI Award Becomes Evidence of the International World Acknowledging Indonesia's Success in Rice Self-Sufficiency

Indonesia's success in achieving rice self-sufficiency for three consecutive years has been rewarded with awards from the International Institute for Rice Research, the International Rice Research Institute (IRRI). This award from IRRI was received directly by President Joko Widodo at the Presidential Palace in Jakarta. IRRI assesses that Indonesia has…

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…
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