LPEI Continues to Support Exports by MSMEs Through Training

Translator

Antara

Editor

Petir Garda Bhwana

Minggu, 13 Juni 2021 12:05 WIB

The activity of wooden mask craftsmen in Yogyakarta is one of the MSMEs supporting the tourism sector. Tempo/Personal Wicaksono

TEMPO.CO, Jakarta - Indonesian Export Financing Agency (LPEI), or Indonesia Eximbank, continues to encourage exports by Micro, Small, and Medium Enterprises (MSMEs) through the Coaching Program for New Exporters (CPNE) in several major cities in the country.

"The program aims to increase national exports, assist national economic recovery, and increase the capacity of Small and Medium Enterprises (SMEs) in the regions to conduct export activities and market their products in the global market," LPEI Executive Director D. James Rompas noted in a statement here on Saturday.

Rompas remarked that LPEI had helped open market access through global marketplaces and exhibitions, both offline and online, as well as through community development via the Foreign Exchange Village Program.

Through these activities, LPEI has fostered more than 2,200 SMEs partners, including 353 SMEs products that have been successfully uploaded to the global marketplace and produced 60 new exporters, as well as developed two Foreign Exchange Villages.

The CPNE program this time was held in North Sumatra Province’s Medan, the third city in the LPEI Consulting Service Program series in 2021, earlier organized in Surakarta and Bali.

Medan, in particular, and North Sumatra, in general, hold the biggest potential for export-oriented SMEs on Sumatra Island.

Based on results of a recent study conducted by the IEB Institute, Medan had clocked an economic growth of 5.98 percent in 2019, with exports valued at US$20 billion, supported by superior commodities, such as vegetables, fruits, coffee, spices, as well as food and beverage.

The CPNE program is a one-year training and mentoring program provided by LPEI to MSME actors that had cleared the selection.

Training modules provided encompass export procedures, preparation of financial reports, legality and export certification, as well as participation in export exhibition activities.

This training was attended by 25 MSMEs in North Sumatra that manage businesses, including of spices, coffee products, coconut products and their derivatives, as well as food and beverage products.

One of the CPNE participants, who is an MSME actor in the coffee plantation sector from Deli Serdang, Darwis Harahap, expressed optimism that his products would be able to penetrate the global market.

"I am upbeat that coffee products of North Sumatra would not only be consumed in Indonesia or in Medan but these products would also be sold abroad. I know this is not easy, but I believe we can do it," Harahap affirmed.

Meanwhile, Deputy Governor of Medan, Musa Rajekshah, lauded all initiatives to boost the economy and welfare of the people of Medan.

"The CPNE training is needed to increase the capacity and competitiveness of MSMEs in Medan, so they can compete in the global market. On account of the fact that we already have natural and human resources potential, we should support such positive efforts since the results will be felt by the SMEs themselves and the people of Medan," he emphasized.

Read: Minister Seeks Greater Role of MSMEs in Boosting Indonesia's Economy

ANTARA

Related News

Saudi Aramco Maintains $31bn Dividend Despite Lower Q1 Net Income

3 jam lalu

Saudi Aramco Maintains $31bn Dividend Despite Lower Q1 Net Income

Aramco reported a 14% decline in first-quarter net income to $27.3 billion in the three months to March 31.

Read More

Halal Certification Mandatory Policy Should Not be Postponed, Trade Minister Says

2 hari lalu

Halal Certification Mandatory Policy Should Not be Postponed, Trade Minister Says

Indonesia's Trade Minister Zulkifli Hasan says that the policy necessitating products to have halal certificates by October 2024 must not be postponed

Read More

Turkey Halts All Trade with Israel, Cites Worsening Palestinian Situation

4 hari lalu

Turkey Halts All Trade with Israel, Cites Worsening Palestinian Situation

Turkey stopped all exports and imports to and from Israel as of Thursday, May 2, the Turkish trade ministry said.

Read More

Indonesian Diaspora and LPEI Open Market Access for Indonesian SMEs to Canada

9 hari lalu

Indonesian Diaspora and LPEI Open Market Access for Indonesian SMEs to Canada

The Indonesian Export Financing Institution (LPEI) collaborates with the Indonesian Diaspora in Canada to penetrated the export market to Canada.

Read More

Indonesia Aims to Expand Mangosteen Export to Australia

14 hari lalu

Indonesia Aims to Expand Mangosteen Export to Australia

Indonesia's Trade Attach in Canberra said his side strives to continue pushing for Indonesian fruit exports to enter the Australian markets.

Read More

Statistics Indonesia: Iran-Israel Conflict Bears No Significant Impact on Indonesian Trade

14 hari lalu

Statistics Indonesia: Iran-Israel Conflict Bears No Significant Impact on Indonesian Trade

Statistics Indonesia or BPS assesses that the geopolitical conflict between Iran and Israel has no significant impact on Indonesian trade.

Read More

Indonesia Releases Exports of Moringa Leaves, Coconut Charcoal to Asia and Europe

16 hari lalu

Indonesia Releases Exports of Moringa Leaves, Coconut Charcoal to Asia and Europe

Indonesia's Ministry of Agriculture officially released the exports of moringa leaves, coconut charcoal, tea during National Plantation Celebration.

Read More

Indonesian Forestry Ministry Says Forest Product Exports Improving

30 hari lalu

Indonesian Forestry Ministry Says Forest Product Exports Improving

Indonesia's forest product export performance has shown an improving trend in early 2024 amid market uncertainties.

Read More

Shopee Offers Halal Certification Service on Its Platform

33 hari lalu

Shopee Offers Halal Certification Service on Its Platform

Shopee and the Halal Product Assurance Organizing Agency (BPJPH) agrees to provide the halal certification process via the popular e-commerce.

Read More

Tokopedia CEO Highlights Predatory Pricing Practices in E-Commerce

34 hari lalu

Tokopedia CEO Highlights Predatory Pricing Practices in E-Commerce

Homegrown e-commerce giant Tokopedia CEO Melissa Siska Juminto speaks up on the issue of predatory pricing practices in e-commerce.

Read More