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🇮🇩 Indonesia /Economy & Trade

Palm Oil Exports Boost Pangkalan Bun Customs Revenue to Rp 1.74 Trillion

From Republika · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Indonesia's Bea Cukai Pangkalan Bun customs office generated Rp 1.74 trillion in state revenue from palm oil exports.
  • This revenue significantly contributes to the national economy, highlighting the importance of palm oil exports.
  • The customs office processed 3.1 million tons of palm oil and its derivatives for export.

The Bea Cukai Pangkalan Bun customs office in Indonesia has significantly boosted state revenue, collecting approximately Rp 1.74 trillion through palm oil export activities. This substantial contribution underscores the economic importance of the palm oil sector to the nation.

According to Muhtadi, the Head of the Bea Cukai Kalimantan Bagian Selatan (South Kalimantan Customs), the office processed a total of 3.1 million tons of palm oil and its derivatives for export. This volume highlights the scale of operations managed by the customs office and its direct impact on national finances.

Bea Cukai Pangkalan Bun has contributed state revenue of around Rp 1.74 trillion from export activities.

— Muhtadi, Head of the Bea Cukai Kalimantan Bagian SelatanMuhtadi stated the significant amount of revenue generated by the Pangkalan Bun customs office from palm oil exports, highlighting its economic contribution.

The collected revenue is a key indicator of the economic activity generated by the palm oil industry. It reflects the government's reliance on such exports to fund national development and operations. The customs office plays a crucial role in facilitating and regulating these exports, ensuring compliance and maximizing revenue collection.

The total amount of palm oil and its derivatives that have been exported is 3.1 million tons.

— Muhtadi, Head of the Bea Cukai Kalimantan Bagian SelatanMuhtadi provided the total volume of palm oil and related products exported, indicating the scale of the trade facilitated by the customs office.
DistantNews Editorial

Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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