Legislator: Purchasing Smallholder Farmers’ Natural Rubber by the Ministry of Public Works and Housing Can Be An Alternative for Infrastructure Development Model

Legislator: Purchasing Smallholder Farmers’ Natural Rubber by the Ministry of Public Works and Housing Can Be An Alternative for Infrastructure Development Model

The member of House of Representatives for Commission V Muhammad Rifqinizami Karsayuda hopes the farmers' rubber purchasing program by the Ministry of Public Works and Public Housing (PUPR) can be a model for infrastructure development in the region. He suggested that the Ministry of PUPR give a role model for the purchase of rubber farmers to PUPR agencies at provincial and district/city levels throughout Indonesia. Legislators from the Indonesian Democratic...
Reprimand Concerning Natural Rubber Purchasing by Members of Parliament, Minister Basuki added Riau Into the List

Reprimand Concerning Natural Rubber Purchasing by Members of Parliament, Minister Basuki added Riau Into the List

Minister of Public Works and Housing (PUPR) Basuki Hadimuljono conveyed an apology to members of the House of Representatives. The latter protested because rubber produced by farmers in Riau Province was not purchased in the Covid-19 impact mitigation refocussing program at the Ministry of Public Works and Housing. In his presentation at a joint meeting of the House of Representatives Commission V on Monday (05/11/2020), Minister Basuki explained that the...
Nearly No Demand During Pandemic, Car Selling Down 90%

Nearly No Demand During Pandemic, Car Selling Down 90%

Covid-19 pandemic inflicted a significant blow to the automotive sector. Vehicle sales in April 2020 fell by 90.6% compared to the same month in the previous year due to weakening purchasing power and lack of demand. The Association of Indonesian for Automotive Industries (GAIKINDO) noted that car sales in April 2020 declined 90.6% to only 7,871 units compared to the same month in the previous year, which reached 84,056 units....
GAPKINDO South Sumatera Asks Factories to Still Receive Rubber from All Areas

GAPKINDO South Sumatera Asks Factories to Still Receive Rubber from All Areas

The Indonesian Rubber Association or GAPKINDO South Sumatera appealed for rubber factories to continue buying raw materials from all regions, without exception. The appeal was called for following a rubber factory in Palembang which refused supply from Prabumulih because the city had been designated a COVID-19 red zone. However, said Alex, the rubber factory must remain vigilant and tighten supervision of vehicles entering the factory. According to him, the factory...
The Ministry of Public Works and Public Housing Will Buy Rp100 Billion Farmers’ Natural Rubber

The Ministry of Public Works and Public Housing Will Buy Rp100 Billion Farmers’ Natural Rubber

The steps of the Ministry of Public Works and Public Housing made a policy to buy rubber farmers received appreciation from the House of Representatives. The Minister of Public Works and Public Housing Basuki Hadimuljono said that in refocusing activities to mitigate the impact of COVID-19, the PUPR Ministry also carried out rubber purchases directly from farmers with a budget allocation of Rp100 billion. In a Virtual Work Meeting with...
In the Middle of Pandemic, Rubber Factory Still Operates

In the Middle of Pandemic, Rubber Factory Still Operates

The West Kalimantan Plantation Office confirmed that the rubber factory in its area was still operating amid the COVID-19 outbreak. The Head of the West Kalimantan Plantation Office, Heronimus Hero, accompanied by the Chairman of the West Kalimantan Indonesian Rubber Company (GAPKINDO), Jusdar and other entourage visited a rubber processing factory at PT Hok Tong Pontianak. The visit was to ensure that the rubber factory amid the COVID-19 outbreak in...
The Movement of GAPKINDO’s Branches Help Overcome COVID-19 Pandemic

The Movement of GAPKINDO’s Branches Help Overcome COVID-19 Pandemic

The COVID-19 pandemic outbreak has swept the world. Indonesia also did not escape the virus attack. Until the end of April 2020, the number of positive patients infected with the virus has penetrated 10,000 people and spread throughout 34 provinces in Indonesia. Various efforts and policies have been implemented by the government to overcome the virus outbreak. The application of Large-Scale Social Restrictions (PSBB) has been carried out in several...
Corona Outbreak Widespread, Automotive Industry Prepares to Reduce Production

Corona Outbreak Widespread, Automotive Industry Prepares to Reduce Production

Car sales have plummeted since the coronavirus outbreak struck. Automotive industry players are preparing to reduce production. PT Honda Prospect Motor (HPM) Sales Director, Yusak Billy, said that the company continues to adjust production levels by following market demand. Yusak could not yet mention the planned production decline of HPM. He said HPM management was still monitoring conditions that could change at any time. According to Yusak, HPM also prepared...
BI Has No Plans Requiring the Conversion of Export Foreign Exchange Results into Rupiah

BI Has No Plans Requiring the Conversion of Export Foreign Exchange Results into Rupiah

Bank Indonesia (BI) reiterated that it would not control foreign exchange flows, especially to foreign investors. According to BI Governor Perry Warjiyo, the central bank is currently only managing foreign exchange for the Indonesian population. This is also in line with the Regulatory Substitute Law (Perppu) No. 1 of 2020. Even so, Perry also stressed that until now the central bank had no plans to require exporters to convert dollars...
Support From Government, Rubber Industry Must Improve Its Quality

Support From Government, Rubber Industry Must Improve Its Quality

Government support for the use of domestic downstream rubber industry products has been relatively good. Now the industry must continue to improve its quality to compete. Adiwidjaja Masman, Director of PT Kemenangan, stated this to Media Perkebunan.id. PT Kemenangan is a rubber processing company specializing in marine products. Founded in 1954, starting from a supplier of goods to the Ministry of Transportation then developed into manufacturing rubber products. Currently, 70%...