The Government has announced it has officially imposed temporary export ban on cooking oil raw materials and cooking oil. The ban is stipulated in Regulation of Minister of Trade number 22 of 2022 on the Temporary Export Ban on Crude Palm Oil, Refined, Bleached and Deodorized Palm Oil, Refined, Bleached and Deodorized Palm Olein, and Used Cooking Oilsigned […]
The Indonesian Government sent 3,026 kilograms of humanitarian aid in the form of essential medicine and medical devices to the Sri Lankan Government. The aid is the Government’s response to the crisis that has impacted the scarcity of medicines and medical devices in the country. “With the spirit of humanity and solidarity as a friendly […]
President Joko “Jokowi” Widodo Thursday (04/28) opened the 2022 National Development Planning Conference (Musrenbangnas) at the State Palace in Jakarta. The conference held both online and in person was in line with the formulation of the 2023 Government Work Plan (RKP) adopting the theme of “Increasing Productivity for an Inclusive and Sustainable Economic Transformation.” “In […]
In a bid to respond to the global economic turmoil, President Joko “Jokowi” Widodo Thursday (04/28) has underscored seven directives to be used as a common reference. First, President Jokowi urged the Cabinet to focus on increasing the domestic component value (TKDN) by using the potential for goods and capital expenditures to buy domestic products. […]
Indonesia recorded a total investment realization of Rp282.4 trillion for the first quarter of 2022, a 28.5 percent increase over the same period last year and 16.9 percent increase over that of the fourth quarter of 2021. The investment realization value in the first quarter contributed 23.5 percent to the investment target of Rp1,200 trillion. […]
Following the recent issue circulated online that encourages the Government to use only halal vaccines for the public as stipulated in Decision of the Supreme Court Number 31 P/HUM/2022, Spokesperson for COVID-19 Handling Task Force Wiku Adisasmito explained that the decision is the legal umbrella for the provision of halal vaccines at home. “In principle, […]
Starting on April 28, 2022, the Government officially imposes export ban on crude palm oil (CPO), red palm oil (RPO), palm oil mill effluent (POME), refined bleached deodorized (RBD) palm oil, and used cooking oil. Moreover, the Government will also impose strict punishment for export ban violations. “This temporary export ban is a Government’s commitment […]
President Joko “Jokowi” Widodo Wednesday (04/27) called on the palm oil industry to prioritize and meet domestic demand for cooking oil. “The volume of raw material for cooking oil that we produce and export is much greater than the domestic needs. There is still a very large capacity remaining. If we have the intention […]
The Government has officially stipulated a policy on temporary export ban on cooking oil or Refined, Bleached, Deodorized Palm Olein (RBD Palm Olein) until the availability of bulk cooking oil with the price of Rp14,000 per liter is equal in all regions of Indonesia. “Following the directive of the President, export ban is temporarily imposed […]
Almost 90 percent of business actors in the creative economy sector do not yet have intellectual property protection, according to Vice President Ma’ruf Amin. “In fact, collaboration, synergy schemes, as well as alignment of intellectual property policies and national development agenda’s achievement need to be translated into concrete actions,” the Vice President said at the […]
