Business News

Coal Dominates Bengkulu's Exports

In June 2024, Bengkulu's export value increased to USD 9.96 million, up by 6.97% compared to May 2024, which recorded USD 9.31 million. Of the total exports, USD 5.57 million (55.96%) were directed to ASEAN countries, while USD 4.39 million (44.04%) went to other countries. The largest export destinations were…

Trade Minister Zulkifli Hasan Releases Coconut Products Export to Four Countries

Indonesian Minister of Trade, Zulkifli Hasan, launched the first export of processed coconut products to four countries: the Netherlands, Australia, China, and Tanzania. The export ceremony took place at PT Sari Segar Husada in Katibung, South Lampung Regency, Lampung. Zulkifli Hasan highlighted that the exported coconut products, including coconut milk,…

Indonesia and Timor Leste Discuss Enhancing Technical Trade Cooperation

Indonesia and Timor-Leste held a meeting to enhance bilateral, regional, and multilateral trade cooperation, signing an MoU on Technical Cooperation in the Trade Sector (TCTS). According to a press release from the Ministry of Trade on August 2, 2024, the meeting was conducted by Indonesia's Minister of Trade, Zulkifli Hasan,…

Indonesia's Economic Growth Projected to Reach 5.01% in Q2 2024

Indonesia's Gross Domestic Product (GDP) is estimated to grow within the range of 4.97% to 5.01% year-on-year (yoy) in Q2 2024. "GDP is expected to grow 4.97% to 5.01% yoy in Q2 2024 and 5% to 5.1% for the fiscal year 2024, driven by limited seasonal factors and high domestic…
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