SRIL and PBRX Issue Global Bond
Textile Stakeholders Request Strengthening Industrial Integration
Parliament Asks to Control Illegal Importation of Textiles
IKATSI Reveals Details of Import Violations
MOI Optimizes Sustainable Resources For Industrial Production
Britain Will Ban Imports From China
RPP on Industry and Trade is Less Favorable to Local
Textile Industry Optimistic Could Recover This Year
Trade Surplus, Textiles Industry Still in the Red Zone
APR Encourages Supply Chains as the Focus of the Road Map
Pakistan's Exports to Indonesia Supported by Textile Products
ARGO Optimistic Will Improve Performance in 2021
APSyFI : PLB Threatens to Eliminate US $ 8.3 Million Yarn Exports
Stake Holder : Textile Industry Needs Fundamental Changes
The energy supply embargo from Russia pushed the Reference Coal Price (HBA) in April 2022 to reach the level of US$ 288.40 per ton. Demand for coal from the European market also has the potential to increase. Executive Director of the Indonesian Coal Mining Association (APBI) Hendra Sinadia said several companies are currently exploring opportunities to export coal to the European market. Nevertheless, Hendra said that there are a number of important points that are a concern in the fulfillment of coal from Indonesia to the European market.
Minister of Finance Sri Mulyani Indrawati adjusted the classification of goods and tariff posts on products subject to import duty security measures (BMTP) in line with the implementation of the goods classification system based on the Harmonized System 2022 and Asean Harmonized Tariff Nomenclature 2022. Adjustments are regulated in a number of ministerial finance regulations (PMK), including PMK 33/2022. The regulation updates the classification of carpet products and other floor covering textiles imposed by the BMTP. The imposition of BMTP on this product was previously regulated in PMK 10/2021.
Plt. Director General of Chemical, Pharmaceutical and Textile Industry (IKFT) Ignatius Warsito said, Indonesia will become a major petrochemical producer in ASEAN. Along with increased investment and expansion in the national petrochemical industry. According to him, in the period from 2020 to 2030, the government is trying to oversee the construction projects of the giant chemical industry with a total investment value of US$31 billion. This investment will strengthen commodities in the upstream chemical sector and be able to substitute petrochemical products that are still imported. Such as ethylene, propylene, BTX, butadiene, polyethylene (PE), and polypropylene (PP).
Page 308 of 500
