Today’s Top 3 News on Tempo English

TEMPO.CO, Jakarta – Tempo English compiled three popular news on this platform on Wednesday, August 2. Those include Indonesian President Jokowi’s target on batik export, golden visa policy, and palm oil export.

The following is the list of the top 3 news on Tempo English today:

1. Jokowi Targets US$100 Million of Batik Export This Year

President Joko “Jokowi” Widodo urges batik designers to innovate their designs in order to penetrate the global market since Indonesia targets US$100,000,000 in batik export throughout 2023. 

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2. Indonesia to Release Golden Visa Policy in a Week or Two, Minister Luhut Says

Indonesia’s Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Pandjaitan said the Golden Visa policy would likely be issued in one or two weeks. The policy will waive visas for foreign companies or foreigners who invest in Indonesia with a certain value.

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3. Indonesia Escalates Palm Oil Exports to China, India Following EU Deforestation Law

The Indonesian Palm Oil Association (GAPKI) stated that it is eyeing China as its largest destination for palm oil exports. Expansion to these countries will be maximized in a bid to prevent Indonesia from depending on the European Union, given the issuance of the European Union’s Anti-Deforestation Law which obliges companies to ensure products exported to the EU have not led to deforestation.

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