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Indonesia exports coffee worth US$650.2m in 9 months

byCT Report
03/12/2016
in Uncategorized
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JAKARTA: The trade ministry said Indonesia exported US$650.2 million worth of coffee products in the first nine months of the year.

Director of development and promotion at the trade ministry Merry Mariyati said demand for Indonesian coffee products is high abroad.

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“Sustainability and trnsparency of coffee industry contribute to the rise in demand for Indonesian coffee products,” Merry said when opening “Specialty Coffee Association of Indonesia” (SCAI) EXPO 2016 here on Friday.  Indonesia is the fourth largest coffee producer in the world after Brazil, Vietnam and Colombia.

Merry said Indonesian coffee products consist of 16 varieties grown in different geographical conditions in the country making Indonesian coffee unique. She said in 2015, the countrys exports of coffee were valued at US$1.19 billion, up US$158 million from export earning in 2014.

In 10 years ending 2015, the countrys coffee exports grew steadily 1.05 percent annually with export destinations the United States, Japan, Italy, Malaysia and Germany. She said Indonesian coffee is gaining in popularity in international market through the forum of SCAI Expo.

“Indonesia has many coffee varieties that they need promotion in international market,” she said. SCAI chairman A Syafrudin said drinking coffee has become a life style of most Indonesians.

France boosts drive to woo Brexit-wary firms

PARIS: As part of its plot to lure businesses across the Channel after Brexit France has set up a one-stop shop to help smooth the crossing and is trying to spread the message that France is a business friendly country.

On the day that Theresa May’s Brexit plans were dealt a blow France stepped up its campaign to woo businesses fleeing Brexit Britain. The latest move by Paris is a one stop shop to provide firms everything they and their staff need to relocate across the Channel.

Since the shock June 23rd EU referendum in the UK result France has been open about its attempts to lure businesses away from Britain. The latest initiative hardly had the catchiest title: “Choose Paris Region – Welcome to Greater Paris” but it was clear what France is  trying to do.

It was unveiled by Prime Minister Manuel Valls on Thursday and is essentially the creation of a one stop shop aimed at providing businesses with everything they need if they wish to flee the UK and head to Europe.

It will be located at 11 Rue Cambrai in the 19th arrondissement of the city and will essentially help businesses and staff overcome the administrative hurdles of resettling in France.

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