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View all search resultsExports of Indonesian wood products totaled US$11.6 billion in 2019, a 4 percent drop from the previous year due to declining demand caused by the ongoing United States-China trade war and the weak competitiveness of local products. Industry players, however, are upbeat entering 2020 thanks to policy reforms.
To keep up with the influx of tourists into one of the “new Balis” of Indonesia while still maintaining conservation standards, the government has decided to make KomodoIsland an “exclusive” destination with “premium” pricing for access, the proceeds of which will be used for conservation and community development programs.
Indonesia has decided it does not need to close the eastern island of Komodo next year as planned because its population of rare Komodo dragons is relatively stable and not under threat, the environment minister said on Monday.