Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

Tempo English
Support Tempo
LOGIN REGISTER
image-bahasa
image-language

Indonesia to Gradually Stap Exporting Gold

Translator

Ricky Mohammad Nugraha

Editor

Mahinda Arkyasa

10 February 2023 22:35 WIB

Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif delivered his presentation in a working meeting with Commission VII DPR at the Parliament Complex, Senayan, Jakarta, Monday, March 22, 2021. The working meeting discussed the projected demand for coal as Primary Energy for power plants owned by PLN and IPP until 2028 and the efforts of the Ministry of Energy and Mineral Resources to provide the coal supply. TEMPO/M Taufan Rengganis

TEMPO.CO, Jakarta - The Energy and Mineral Resources Minister Arifin Tasrif on Friday announced that the government will enact an export ban on gold, which will be done gradually. He said this strategy is needed to open up more job opportunities and attract more workers. 

“The industry downstream must be conducted to produce a final product that can create higher value. That is what can create more jobs,” said Arifin to journalists at his headquarters on February 10. 

However, he did not say when this export ban on gold will be enacted nor did he reveal whether this aligns with the government’s plan to establish a Bullion Bank or Indonesia’s gold bank. 

“[The bullion bank] has nothing to do with minerba (mineral and coal),” he said. 

The export ban was previously mentioned by President Joko Widodo in a meeting with the financial service industry on Monday, February 6. The President insists that enacting downstream to the mineral industry is a key aspect to elevating the country to become a developed nation. 

RIRI RAHAYU

Click here to get the latest news updates from Tempo in Google News

GoldExport


Recommended

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

2 hari 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.


Turkey Halts All Trade with Israel, Cites Worsening Palestinian Situation

6 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.


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

11 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.


Indonesia Aims to Expand Mangosteen Export to Australia

16 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.


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

17 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.


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

18 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.


Indonesian Forestry Ministry Says Forest Product Exports Improving

32 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.


Controversial Sea Sand Exploitation Concessions

37 hari lalu

Controversial Sea Sand Exploitation Concessions

The extraction of sea sand for reclamation projects and exports is happening on an increasingly large scale.


Indonesia Ranks Second as Largest Soap Exporter to Egypt, Falls Behind Malaysia

38 hari lalu

Indonesia Ranks Second as Largest Soap Exporter to Egypt, Falls Behind Malaysia

Indonesia is claimed to be the second largest exporter of soap to Egypt with an export value of US$4.48 million throughout 2023.


Vietnam Economy Expands by 5.66% in Q1 as Exports Boom

41 hari lalu

Vietnam Economy Expands by 5.66% in Q1 as Exports Boom

Vietnam's gross domestic product in the first quarter grew 5.66% from a year earlier as exports boomed, government data released on Friday.