Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, November 22
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Commodities»Tobacco included in Indonesia’s strategic commodities bill: lawmaker
    Commodities

    Tobacco included in Indonesia’s strategic commodities bill: lawmaker

    September 6, 20252 Mins Read


    Temanggung, C Java (ANTARA) – Tobacco is among eight plantation commodities included in a strategic commodities bill being drafted by Indonesia’s House of Representatives (DPR), a lawmaker said Saturday.

    “Tobacco is the eighth commodity proposed in the draft law,” said Sofyan Dedy Ardyanto, a member of the bill’s working committee, during a community workshop.

    Ardyanto, who represents Temanggung, a key tobacco-producing area, said the bill seeks to address declining demand and protect the livelihoods of tobacco farmers.

    Discussions on the bill have involved the Indonesian Tobacco Farmers Association (APTI) and local governments from tobacco-producing regions, he added.

    “Farmers are worried because tobacco absorption keeps falling each year, despite its long history in Indonesia,” Ardyanto said.

    Related news: Industry Ministry proposes WRS to spur local tobacco absorption

    He noted that Indonesia is among the world’s top consumers of cigarettes, and the domestic tobacco market remains strong.

    The tobacco sector employs 5 to 6 million people nationwide, including farmers, factory workers, distributors, and small retailers, he said.

    However, Ardyanto warned that Indonesia’s ratification of the Framework Convention on Tobacco Control (FCTC) has significantly weakened the industry, even though it still contributes substantially to state revenue through taxes and excise.

    He said the bill aims to ensure the sustainability of the industry and protect those who depend on it.

    “The tobacco industry is still viable, but our current regulations treat it like a dying sector, slowly pushing it toward collapse,” Ardyanto said.

    Related news: Government’s efforts to reduce smoking prevalence not yet optimal

    Translator: Heru, Kenzu
    Editor: Rahmad Nasution
    Copyright © ANTARA 2025



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleSerious U.S. Dollar Fed Warning Issued As Bitcoin Mounts $24 Trillion Gold Price Challenge
    Next Article Decentralized Money Didn’t Come From Nowhere

    Related Posts

    Commodities

    Top Performing Low-Risk Mutual Funds in 2025

    November 22, 2025
    Commodities

    Harbour Energy Explores U.S. Deals — Commodities Roundup

    November 21, 2025
    Commodities

    European chemicals go from breaking bad to breaking worse

    November 20, 2025
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Finance

    AI not expected to “drastically reduce headcount” in Jersey’s finance industry

    October 27, 2025
    Commodities

    UTI AMC halts new investments in Silver ETF Fund of Fund amid domestic shortage

    October 11, 2025
    Investing

    Retirement and generational wealth: Should you take out a loan to invest?

    August 17, 2024
    What's Hot

    Semler Scientific augmente ses avoirs en Bitcoin à 3 303 BTC

    April 27, 2025

    London Stock Exchange will survive exodus of companies, insists chief

    February 27, 2025

    Here are the top 10 banks in Clark County | Personal Finance

    October 30, 2024
    Most Popular

    Dog chews lithium-ion battery, sparking Oklahoma house fire

    August 7, 2024

    The past three years for Roche Holding (VTX:ROG) investors has not been profitable

    August 19, 2024

    Cathie Wood Lowers Bitcoin 2030 Target To $1.2 Million

    November 6, 2025
    Editor's Picks

    Adaptation finance enters Draft Text as COP30 edges forward, says LDC negotiator Manjeet Dhakal

    November 14, 2025

    4 Coins to Watch as Bitcoin and Ethereum ETFs Face Huge Outflows While Solana ETF Gains

    November 9, 2025

    Les chances que les États-Unis achètent du Bitcoin en 2025 sont de 30 %, selon un analyste de Bloomberg

    March 21, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.