Trade ministry committed to removing trade barriers for exporters
JAKARTA – Indonesia’s Trade Minister Zulkifli Hasan has expressed his commitment to supporting business actors, especially exporters, with policies to help Indonesian products enter the global markets and remove any trade barrier. “One of our tasks at the ministry is to support Indonesian exporters. Therefore,…
Indonesia to suspend some palm oil export permits – officials
JAKARTA – Indonesia will suspend some palm oil export permits to secure domestic supply amid rising cooking oil prices ahead of upcoming Islamic festivals, senior cabinet minister Luhut Pandjaitan said on his official Instagram account on Monday. Palm oil exporters had accumulated large shipment quotas…
UPDATE 1–Indonesia Allows Nine Companies to Resume Nickel Ore Exports
Source: Reuters, November 11 2019 (Adds details, coordinating minister comments) JAKARTA, Nov 11 (Reuters) – Indonesia has allowed nine companies to resume nickel ore exports after inspections into reports of ore export rules violations, Heru Pambudi, the director general of the country’s customs office, said…
Why Indonesia Is Missing Out as Companies Move Out of China
Source: Bloomberg, November 11 2019 By: Karlis Salna Follow Bloomberg on LINE messenger for all the business news and analysis you need. Indonesia is Southeast Asia’s biggest economy, with one of the biggest labor pools in the world. But it punches beneath its weight when it…