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INSW

Business 5 years ago

Govt to proceed with logistics system reform amid high costs

The National Logistics Ecosystem platform is expected to reduce logistics costs from the current 23.5 percent of the country’s gross domestic product (GDP), the highest among Southeast Asian nations according to the World Bank, to just 17 percent of the GDP, said Finance Minister Sri Mulyani Indrawati.

Editorial 6 years ago

Expediting clearance of goods

The combination of inadequate infrastructure and inefficient seaport operations has made Indonesia’s logistics costs the highest in the ASEAN region, making its exports much less competitive.