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Indonesia: Govt to import rice amid rising prices

Trade Minister Enggartiasto Lukita has said the government will import 500,000 tons of medium-grade rice from Thailand and Vietnam to calm the commodity’s price, which has been increasing since late 2017 as a result of a supply shortage. The rice will arrive in late January and will be of a different variety from the local IR […]

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Indonesia: Business group supports end to ship-sinking policy

The Indonesian Chamber of Commerce and Industry (Kadin) has expressed its support for Coordinating Maritime Affairs Minister Luhut Pandjaitan and Vice President Jusuf Kalla’s call to put an end to the illegal boat-sinking policy. “There’s should be a limit [for the boat-sinking policy]. Besides, it can contributes to sea pollution,” said Kadin deputy chairman of fisheries […]

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Indonesia: Govt Opens Rice Import Option

TEMPO.CO, Jakarta – The government through the Ministry of Trade stated that it opened the option of importing special rice to strengthen the stock. Trade Minister Enggartiasto Lukita asserted that if the imports is carried out by the government, then the rice to be imported is not that of the medium quality, but special rice and is done […]

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Indonesia has Sufficient Rice Stock, says Official

TEMPO.CO, Jakarta – The Ministry of Agriculture claimed that Indonesia does not need to import rice as the domestic stock of 3 million tons produced in December 2017 will sufficiently meet the need of 2.6 million tons, an official said. “We do not need to import rice, as you can see from December to January, we had big […]

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China Re-issues Mangosteen Export Permit for Indonesia

TEMPO.CO, Jakarta -The Chinese Government has allowed Indonesia to export mangosteen to China after the fruit commodity was banned for four years due to the lack of quality standards. “As of January, China issued a new regulation stating that we can export mangosteen again,” said Ad-Interim Indonesia chargé d’affaires for China Listyowati on Wednesday, January 10. She said that […]

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Indonesia: Electric Cigarette Excise to be Published This Month

TEMPO.CO, Jakarta – Director General of Customs and Excise of the Ministry of Finance Heru Pambudi said that the technical regulations on electric cigarette excise tax will be issued immediately. The regulations will also include excise from other tobacco processing products, such as e-cigarette, liquid vape, and also chewing tobacco. “The regulation will come out this mid-month,” he said, […]

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