Business News
ASEAN Trade in Goods Agreement (ATIGA) Negotiations Show Significant Progress
The Ministry of Trade (Kemendag) announced that negotiations to enhance the ASEAN Trade in Goods Agreement (ATIGA) have made significant progress during the 38th ASEAN Free Trade Agreement (AFTA) Council Meeting held in Vientiane, Laos. The meeting, which took place on Monday (16/9), saw the ATIGA Trade Negotiating Committee (TNC)…
Indonesia Intensifies Talks with Peru to Expand Market Access to Latin America
Indonesia and Peru commenced the third round of negotiations for the Indonesia–Peru Comprehensive Economic Partnership Agreement (IP–CEPA) on Tuesday, 17 September, in Jakarta. The discussions, scheduled to last until Friday, 20 September, aim to reach a substantial agreement to be announced during the APEC Economic Leaders Week in Peru in…
Indonesia Sees Export Boom in CPO and Metal Ore, Generates USD 23.56 Billion in Foreign Trade
In August 2024, Indonesia's export value reached USD 23.56 billion, as reported by the Central Statistics Agency (BPS). Deputy for Distribution and Services at BPS, Pudji Ismartini, stated that exports for August grew by 5.97% month-to-month (MtM). "The export value in August 2024 was USD 23.56 billion, an increase of…
China Remains Indonesia's Leading Export Destination
China continues to be Indonesia's top destination for non-oil and gas exports. According to the Indonesian Central Statistics Agency (BPS), Indonesia's non-oil and gas exports to China in August 2024 reached USD 5.33 billion, an increase from July's USD 4.83 billion. Pudji Ismartini, BPS Deputy for Distribution and Services, noted…
