Search Result for : India Indonesia Trade

Indonesia plans to collaborate with Kerala in trade, healthcare, tourism and education

The Dollar Business Bureau A seven-member Indonesian team led by Consul General Saut Siringoringo is in Kerala, looking to explore the possibility of collaborating with the Kerala government in trade, healthcare, tourism and education. The team will also interact with the Kerala chapter of CII and with the Trivandrum Chamber of Commerce (TCCI). The Indonesian team has another agenda- to attract Kerala businesses, investors, traders and buyers to attend the 32nd edition of the four-day Trade Expo Indonesia (TEI) being organised by the Indonesia Ministry of Trade in ICE-BSD City - Banten from October 11. In the previous edition of TEI, around 150 buyers from Kerala, Tamilnadu, Maharashtra, Karnataka and Gujarat had clocked the maximum transactions. Indian buyers topped the list and Indonesia ...

Ministerial-level talks with India can resolve gold import issue

Manishika MiglaniTalking about the Indian government’s move to impose a countervailing duty of 12.5 per cent on gold imports from the ASEAN countries, Taufik Rigo, 1st Secretary-Economics, Embassy of the Republic of Indonesia, said that Indonesia understands the concerns of India to protect domestic production by taking this step. However, there is a need to have minister-level talks regarding the same if trade is not to be hampered on a broader level, added Rigo. The discussion was held on the lines of “Indonesia Expose 2016: Seizing, Trade, Industry, Tourism, Investment and Services (TITIS) Opportunity from Indonesia” which took place on 7-9 October 2016 in Hotel Le Meridien, New Delhi. The event, which was organised in cooperation with CII, FICCI, Assocham and PHDCCI, ...

India offers $500 million loan to Indonesia for its power sector

The Dollar Business Bureau Ambassador of India, Mr. Gurjit Singh (R) called on Vice-President of Indonesia Mr. Jusuf Kalla on 12 January 2015 (Pic source – Govt. of India)   Indonesia has accepted a soft loan of $500 million offered by India for investments in Indonesia’s power infrastructure. Gurjit Singh, Ambassador of India, met Jusuf Kalla, Vice-President, Indonesia this week to exchange ideas on socio-economic conditions and for charting development paths where both new governments are engaged. Indonesia’s Kalla has said that the government will use the loan for funding suitable projects in power infrastructure. According to studies, Indonesia’s power sector is expected to grow by around 7.5% in 2015 and is a focus sector of the government in its plans ...