Business News
Foreign Exchange Proceeds from Export Require 100%, Exporters Able to Use for Operations
Government Regulation (PP) Number 8 of 2025 concerning Foreign Exchange Proceeds from Natural Resources Exports stipulates that 100% of foreign exchange proceeds from natural resource exports must be retained within the country for a period of one year. Exporters are permitted to utilise these deposits for operational purposes, with the…
Cocoa Imports Increase by 119% in January 2025 to Support Processed Product Exports
Indonesia's cocoa imports surged by 119% in January 2025, reaching USD 304.41 million, primarily to support the growing demand for exported processed cocoa products. According to Acting Head of the Central Statistics Agency (BPS) Amalia Adininggar Widyasanti, Ecuador remained Indonesia's top cocoa supplier, contributing USD 136.79 million, followed by Kenya,…
BI Governor: Keeping 100% of Export Proceeds in Indonesia to Strengthen Rupiah and Economy
Bank Indonesia (BI) Governor Perry Warjiyo announced a new policy requiring 100% of export proceeds (DHE) from natural resources to be kept in Indonesia’s financial system for 12 months. This initiative, outlined in Government Regulation No. 8 of 2025, aims to enhance foreign exchange reserves, stabilize the rupiah (IDR), and…
BI Central Java Says Economic Growth in 2025 Remains Strong
Central Java's economy is expected to remain strong in 2025, supported by steady domestic demand and controlled inflation. According to Bank Indonesia (BI) Central Java Representative Rahmat Dwisaputra, the region saw a solid 4.95% growth in 2024, outperforming provinces like Banten, DKI Jakarta, and East Java. Household consumption played a…
