Business News
Investment Realisation Continues to Grow, Indonesia Consistently Implements Downstreaming
Minister of Investment and Head of the Investment Coordinating Board (BKPM) Rosan P. Roeslani emphasized that the investment realization in the third quarter of 2024 is significantly influenced by the government's consistent downstream policy. He highlighted that downstream activities are crucial for investment growth as they enhance value addition and…
Indonesia's Imports Projected to Rise Again at the End of 2024
Indonesia’s import performance is expected to rise towards the end of 2024 after a previous decline in September 2024. According to the Central Statistics Agency (BPS), Indonesia's imports reached USD 18.82 billion in September 2024, marking an 8.91% month-to-month (MtM) decrease from the previous month's figure of USD 20.67 billion.…
Ministry of Trade Encourages Exporters to Understand Carbon Policies in Export Destination Countries
The Ministry of Trade is encouraging Indonesian business operators and exporters to enhance their understanding of carbon policies in export destination countries, particularly the European Union's Carbon Border Adjustment Mechanism (CBAM). By gaining a deep understanding, businesses can better navigate the impacts and necessary measures to maintain smooth trade, especially…
D-8 Business Forum Strengthens Trade Relations Among Member Countries
Director General of International Trade Negotiations at the Ministry of Trade, Djatmiko Bris Witjaksono, emphasizes the significance of the D-8 Business Forum in fortifying trade relations among member countries. "I believe this forum will help identify ways to address various challenges faced by the business world and lead to practical…
