[헬로티 HelloT] LG Innotek receives the ‘$10 Billion Export Tower’ award on the 60th Trade Day

[헬로티 HelloT] LG Innotek receives the ‘$10 Billion Export Tower’ award on the 60th Trade Day

LG Innotek announced on the 5th that it received the ‘$10 Billion Export Tower’ award on the 60th Trade Day. The Ministry of Trade, Industry and Energy and the Korea International Trade Association hold an awards ceremony to commemorate Trade Day every year on December 5 to recognize companies that have pioneered overseas markets and … Read more

Government Debt to Entrepreneurs: The Ongoing Polemic over One-Price Cooking Oil Program in Jakarta

Government Debt to Entrepreneurs: The Ongoing Polemic over One-Price Cooking Oil Program in Jakarta

Jakarta – The polemic regarding government debt to entrepreneurs regarding the one price cooking oil (rafaksi) cooking oil program in 2022 is still ongoing. Until now, the debt of IDR 344 billion has not been paid. Chairman of the Indonesian Retail Entrepreneurs Association (Aprindo) Roy N Mande said that until now his party had not … Read more

Record-breaking Increase in Eco-Friendly Car Exports: Insights from the First Half of 2023

Record-breaking Increase in Eco-Friendly Car Exports: Insights from the First Half of 2023

1 out of 4 export vehicles eco-friendly car… 2 million units recovered in the first half of 4 years after Corona In the first half of this year, automobile exports increased 46.6% year-on-year to $35.7 billion, breaking a record high. This is more than $10 billion in exports ($25.2 billion) in the first half of … Read more

Hurry Check! 3 New Rules for Buying and Selling Bulk Cooking Oil & Minyakita

Hurry Check!  3 New Rules for Buying and Selling Bulk Cooking Oil & Minyakita

Jakarta – The Ministry of Trade (Kemendag) through the Directorate General of Domestic Trade issued Circular Number 03 of 2023 concerning Sales Guidelines Frying Oil People. This guideline aims to ensure the availability and price stability of people’s cooking oil in the community. In addition, this guideline also aims to restore the highest retail price … Read more

Mbok Yes Think for the Community!

Mbok Yes Think for the Community!

Jakarta – Entrepreneurs recently asked the government to assign assignments to state-owned enterprises (BUMN) in producing and distributing cooking oil people’s volume (MGCR) and Oily. Not only that, the entrepreneur also asked for relaxation regarding the Value Added Tax (VAT) for the sale of cheap cooking oil. In response to this, the Ministry of Trade … Read more

Oil Palm Farmers Shout to Lift Export Ban, Ministry of Trade Officials Say This

Oil Palm Farmers Shout to Lift Export Ban, Ministry of Trade Officials Say This

Jakarta – Oil palm farmers complained that the ban on exports of crude palm oil (CPO) and cooking oil products had a bad impact on their condition. Currently, the tanks where farmers sell fresh fruit bunches (FFB) of oil palm are full and prices have also plummeted. In response to this, the Ministry of Trade … Read more

5 Latest News After Cooking Oil Corruption Cases Revealed

5 Latest News After Cooking Oil Corruption Cases Revealed

Jakarta – Attorney General’s Office (AGO) appoints the Director General of Foreign Trade Ministry of Trade Indrasari Wisnu Wardhana (IWW) and 3 private parties related to the alleged case corruption in granting crude palm oil export facilities (CPO) or cooking oil raw material. Now the AGO is also investigating allegations of bribery in licensing export … Read more

Entrepreneurs Claim Hundreds of Billion Loss Due to Cooking Oil

Entrepreneurs Claim Hundreds of Billion Loss Due to Cooking Oil

Jakarta, CNN Indonesia — The Association of Indonesian Vegetable Oil Industries (GIMNI) claims hundreds of billions of rupiah in losses due to ‘wishy’ policies Ministry of Commerce (Ministry of Trade) related to cooking oil. “Hundreds of billions of them have lost (cooking oil companies),” said GIMNI Executive Director Sahat Sinaga when met at the Indonesian … Read more

Mothers in East Kalimantan Die when they are about to Queue for Cooking Oil

Mothers in East Kalimantan Die when they are about to Queue for Cooking Oil

Samarinda, CNN Indonesia — A housewife in Berau, East Kalimantan dies while waiting in line cooking oilin front of a minimarket outlet, Saturday (12/3) morning. Teluk Bayur Police Chief AKP Kasiyono confirmed the incident. The victim, Sandra (41), is a resident of Teluk Bayur and has a history of asthma. “It happened this morning, around … Read more