Business News
Industry Can Import Sugar and Salt Directly Without Importers
President Joko Widodo (Jokowi) now allows the industry to import industrial salt and sugar directly. That way, no more imports are carried out by intermediaries or third parties. So far, industries that need industrial sugar and salt have to buy through importers. Later, the industry does not need to buy…
Exports of Creative Economic Products Bolster Tourism Recovery
Creative economic product exports and marketing digitization of those products help bolster recovery of the tourism industry in Indonesia, according to an official. Exports and digitization were among the government's steps taken to restore the tourism sector and creative economy, Tuti Prahastuti, Director of Promotion and Image Development of the…
When Import-Substitution Makes a Comeback
In Indonesia, import substitution policies are showing signs of making a comeback. In recent years the country has appeared committed to outward-looking free-trade agreements. ASEAN countries, through the founding pacts of the ASEAN Economic Community (AEC), have secured significant tariff reductions across member states. Indonesia has also been among the…
Embassy of the Republic of Indonesia Supports the Export Upgrade of Gayo Coffee in Italy through Business Matching in "International Gayo Arabica Coffee Week"
The Embassy of the Republic of Indonesia participated in the series "International Gayo Arabica Coffee Celebration Week" on 17 – 25 September 2020 organized by the Ministry of Trade, Ministry of Law and Human Rights in collaboration with the Gayo Coffee Patron Society (MPKG) and ARISE Plus Indonesia. The series…
