Minister of Industry: Cosmetic Industry Can't Be Monopolized

By : Ridwan And Aldi Firhand. A | Sunday, March 18 2018 - 18:28 IWST

Minister of Industry Airlangga Hartarto
Minister of Industry Airlangga Hartarto

INDUSTRY.co.id - Jakarta, the Government through the Ministry of Industry (Kemenperin) continues to support and encourage the cosmetics industry to be more competitive in the global arena.

Minister of Industry Airlangga Hartarto said the cosmetics industry is one of the drivers of Indonesia's economic progress.

"We see the need for cosmetics sales quite good (years) yesterday 516 million and this is bigger than last year and this industry so many players are not monopolized by various companies," said Airlangga in Jakarta (17/3/2018).

According to data owned by Ministry of Industry, hundreds of companies have joined in the industry in the field of beauty.

"More than 760 (companies) are engaged in cosmetics so it's a lot of players and it's very good for Indonesia," Airlangga continued.

Furthermore, Airlangga added that it will ask the Director General of Small and Medium Industry) to give the company the ability to market their products.

"This industry is inseparable from innovation and it is inseparable from small, medium and large industries, one key is supply change and domestic market," said Airlangga.

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…