The Government Seeks to Boost Export of Industry Sector

By : Herry Barus And Aldo Bella Putra | Sunday, July 15 2018 - 18:30 IWST

Astra Otoparts Resmi Umumkan Ekspor Perdana Wintor (Foto Ridwan)
Astra Otoparts Resmi Umumkan Ekspor Perdana Wintor (Foto Ridwan)

INDUSTRY.co.id - Jakarta - Coordinating Ministry of Economic Affairs seeks to trigger exports in the fields of industries such as furniture and wood through the identification of licensing issues, raw materials, to taxation.

"We have detailed proposals from the ministries to encourage exports, especially the ones we discuss much about the industry," Coordinating Minister for Economic Affairs Darmin Nasution said after a coordination meeting on export and investment development in Jakarta on Friday (13/7/2018).

One of the matters discussed in the meeting include the Timber Legality Verification System or SVLK from the timber industry.

SVLK is a tracking system to ensure the legality of sources of timber circulating and trading in Indonesia. The system ensures that wood products and raw materials are obtained or derived from sources whose origins and management meet the legality aspect.

"SVLK is obliged to all exporters or companies exporting furniture or timber, It is proposed not to burden the process of fulfilling the SVLK," said Darmin.

On the same occasion, Minister of Industry of Airlangga Hartarto explained that SVLK of wood industry will be given some kind of incentive especially for small and medium industries.

"SVLK is borne by the government for small and medium businesses SLVK costs are all covered," he said.

Airlangga also asked for a review of the reduction of contributions from the Plantation Fund Management Agency (BPDP) for oil palm companies to encourage exports of cooking oil.

The contribution is the implementation of Presidential Regulation (Perpres) No. 61 of 2015 on the Collection and Use of Oil Palm Plantation Funds. Details on the reduction of BPDP contributions will be discussed in the next meeting.

"It will be discussed again because the cooking oil is downstream production, which is subject to BPDP's contribution to the first process of CPO, downstream process is cooking oil and other derivative products," he said. (Ant)

News Comment

Today's Industry

Gibu Mathew, Vice President and General Manager in Asia-Pacific (APAC) in Zoho Corp. (special)

Rabu, 30 November 2022 - 11:22 WIB

How to Make SaaS Work for Small and Medium-Sized Businesses

Southeast Asia's digital transformation has been impressive as the region is now poised to reach a projected digital economy worth USD360 billion by 2025. With digitalisation, the region bore…

PT Dharma Polimetal ("Dharma Group") Triputra Group automotive component manufacturing company.

Senin, 28 November 2022 - 12:15 WIB

DRMA Remains Optimistic 2023 Automotive Still Rises, Targets Sales Up 20%

PT Dharma Polimetal Tbk (“DRMA”), a listed company engaged in automotive component manufacturing business sees the prospects for the automotive business in 2023 will still remain promising.…

Alvara Research

Sabtu, 26 November 2022 - 06:20 WIB

Turnover Rises High, Culinary MSMEs No Problem Paying OFD Platform Commissions

Online food delivery (OFD) services have accelerated the growth of food and beverage (F&B) MSMEs in Indonesia by 1.9 times faster compared to offline sales. OFD platforms enable MSMEs to have…

KB Bukopin Building. (Photo: Kompas.com)

Kamis, 24 November 2022 - 20:43 WIB

Shares Price Falling, Deficit IDR 6.99 Trillion, KB Bukopin Investors Not to Expect Dividends

The shareholders hope of issuers listed on the Indonesia Stock Exchange is of course to produce investment results in the form of capital gains and dividends obtained from the positive performance…

A Health exhibition of Banten Province on November 3-5, 2022 at ICE BSD, South Tangerang, Banten. (Photo: Banten Province PR)

Jumat, 18 November 2022 - 16:14 WIB

Premier Bintaro Hospital Assigned as Banten Medical Tourism Hospital

Banten Province hosted the 58th National Health Day by holding a health exhibition on November 3-5, 2022 at the Indonesia Convention Exhibition (ICE) BSD, South Tangerang, Banten.