Business News
Compared to Last Year, Indonesian Herbal Medicine Product Exports Rose 14.08 Percent in January-September 2020
The export value of Indonesian medicinal or biopharmaceutical products in the January-September 2020 period increased by 14.08 percent compared to the same period last year. This achievement is quite encouraging, especially amidst the global economic slowdown due to the Covid-19 pandemic. This was conveyed by the Minister of Trade (Mendag)…
New Travel Health and Safety Protocols Implemented in Bali to Welcome Back Global Visitors
Having seen an increase numbers of tourists, The Ministry of Tourism and Creative Economy (MoTCE) of Indonesia has made massive strides to ensure a safe Cleanliness, Health, Safety, and Environmental Sustainability (CHSE) protocols in Bali. Namely #InDOnesiaCare, they prioritize safe travel procedures for Bali's visitors, as the international flights reopen.…
Indonesia Targets Coal Production of 550m Tons in 2021
The Energy and Mineral Resources Ministry has set Indonesia’s coal production target at 550 million tons for next year, a figure unchanged from this year, due to the raging pandemic. Energy ministry coal business director Sujatmiko told reporters at the 2020 Coal and Mineral Virtual Expo on Thursday that next…
Indonesia Imposes Higher Export Levies amid Year-End Rally in Global CPO Prices
Indonesia, the world’s top palm oil producer, is to impose higher export levies on crude palm oil (CPO) starting Thursday as the price of the commodity rallies ahead of the year-end. The policy also aims to support the government’s mandatory biodiesel program. The recently issued Finance Ministerial Regulation No. 191/2020…
