Exporters to get award

JAKARTA (JP): The National Agency for Export Development (BPEN) will issue awards to successful local exporting companies in a bid to help boost export performance, the agency said in a statement issued on Tuesday.

The agency said the acknowledgment, named the Primaniyarta award, would be presented to exporters at the 16th Exports Expo in October.

"Primaniyarta awards are given based on the performance of the exporters over a five-year period," it said.

Primaniyarta awards were bestowed upon exporters annually from 1992 until BPEN suspended the program in the wake of the 1997 economic crisis. Some 500 exporters have previously received the award.

Exporters participating in the selection process will be grouped according to the total value of their exports over a five-year period, the agency said.

The categories are: exporters with exports valued at between US$500,000 and $5 million; $5 million and $30 million; $30 million and $70 million; and large exporters with exports valued at more than $70 million. (dmr)