Category Archives: Bonded Logistics Center

President Joko Widodo: KITE IKM Reduces Production Costs by 25 Percent

Boyolali, 31/1/2017 MoF – The President Joko Widodo hit the gong, marking the launch of Export Purposed Import Facility (KITE) for Small and Medium Enterprises (IKM/SMEs) in Tumang Village, Boyolali, Central Java on Monday (30/01/2017). In his speech, the President emphasized that the competition among businesses participants, between countries, is getting harder due to the […]

The President launched Indonesia Bonded Logistics Centers

Jakarta,10/03/2016 The President Joko Widodo inaugurated 11 bonded logistics centers as part of Indonesia’s second economic stimulus package that was unveiled on 30 September 2015. These bonded logistics centers aim to curtail the country’s notoriously high logistics costs which makes businesses in Indonesia less competitive and the general business climate in Southeast Asia’s largest economy […]