Vice President, Jusuf Kalla instructed Haj money savings to be invested in Saudi Arabia because of the high profitability of the number of pilgrims from Indonesia. A member of Hajj Finance Management Agency (BPKH), Anggito Abimanyu said in Jakarta, on Friday that with the increasing number of pilgrims from Indonesia, the value of investment is higher and it brings about impact on high benefits. Anggito Abimanyu along with the President's Special Envoy to the Middle East, Alwi Shihab met VP Jusuf Kalla in Jakarta on Friday to discuss the follow-up of the Indonesian government's investment plan in Saudi Arabia using the Haj savings fund. In the near future, the Haj Financial Management Board along with Alwi Shihab will visit Saudi Arabia to meet with investors in Saudi Arabia and to discuss the follow up of the investment plan. (Ant-Mar/edit r/Trans by Rhm)
The government of Indonesia wants trade partner countries, especially the United States of America to carry out free and fair trade. The statement is related to President Donald Trump's move to impose high import tariffs on steel and aluminum products. Minister of Trade, Enggartiasto Lukita was quoted as saying on Friday that President Trump's move does not directly have a major impact on Indonesia as Indonesia's exports of steel and aluminum to the US are relatively small. But, Indonesia asks all countries to carry out free and fair trade. Minister Enggartisto affirmed that trade war will only be annoying and disadvantageous. President Donald Trump said that he would impose a 25-percent tariff on steel imports and 10 percent for aluminum products. The decision was made under the guise of protecting domestic products in the United States. President Trump's decision was viewed badly by his key economic adviser, Gary Cohn since the beginning of the administration. Gary Cohn resigned from his post after President Trump decided to impose tariffs on steel and aluminum imports. (Ant-Mar/edit r/Trans by Rhm)
President Joko Widodo inaugurated the first integrated industrial zone in Indonesia, Java Integrated Industrial Port and Estate -JIIPE in Gresik, East Java on Friday (9/3). In his speech, President Joko Widodo expects more and more of this kind of industrial estate to be built in Indonesia. In addition to attracting investment industrial estates, it also opens new employment. President Joko Widodo said that he is happy with the existence of Java Integrated Industrial Port and Estate, because the area has very complete facilities, such as a seaport, industrial area and power plant. President Joko Widodo is also happy, because the Java Integrated Industrial Port and Estate industrial area is not only done by the private sector, but also the State Owned Enterprise (BUMN), Pelindo III. Pelindo III Port has an investment of 60 percent, while state-owned companies have invested 40 percent of industrial estates. (Ant/Mar/edit r/Trans by Rhm)
President Joko Widodo inaugurated the first integrated industrial zone in Indonesia, Java Integrated Industrial Port and Estate -JIIPE in Gresik, East Java on Friday (9/3). In his speech, President Joko Widodo expects more and more of this kind of industrial estate to be built in Indonesia. In addition to attracting investment industrial estates, it also opens new employment. President Joko Widodo said that he is happy with the existence of Java Integrated Industrial Port and Estate, because the area has very complete facilities, such as a seaport, industrial area and power plant. President Joko Widodo is also happy, because the Java Integrated Industrial Port and Estate industrial area is not only done by the private sector, but also the State Owned Enterprise (BUMN), Pelindo III. Pelindo III Port has an investment of 60 percent, while state-owned companies have invested 40 percent of industrial estates. (Ant/Mar/edit r/Trans by Rhm)