The Indonesian Exporters Association (GPEI) is seeking incentives from the government for the use of local raw materials to manufacture its products. GPEI chairman Benny Soetrisno said on Wednesday that certain imported raw materials were cheaper than local ones because … Continue reading →
Robustly rising exports of cement and clinker so far in 2018 are a glimmer of light on the horizon for Indonesian cement manufacturers. Domestic conditions in Indonesia’s cement industry remain less rosy as a massive inflow of investment in cement … Continue reading →
The Indonesian government scrapped Trade Ministry Regulation No. 82/2017 on the Terms of Use of National Shipping and Insurance Companies for the Export and Import of Certain Goods. This regulation, which was originally scheduled to be implemented in May 2018 … Continue reading →
Vice President Jusuf Kalla stated that the increase of domestic and foreign investment is important to boost economic growth that in the third quarter 2017 grew by 5.06 percent. “Boosting growth requires more investment and exports,” VP Kalla said here … Continue reading →
Indonesia posted US$1.63 billion trade surplus in June. The country’s total export last month amounted to US$11.64 billion and total import was US$10.01 billion. According to the Central Statistics Agency (BPS) head Suhariyanto, the trade surplus in June was attributable … Continue reading →