Business News
To Support Economic Growth, FIFGroup Holds Festival Foodies in Palembang
The latest data from the Badan Pusat Statistik (BPS) reveals that Indonesia's economy grew by 5.04% (yoy) in the fourth quarter of 2023, marking an increase from the previous quarter's growth of 4.94% (yoy). Overall, Indonesia's economy recorded robust growth of 5.05% (yoy) for the entire year of 2023. Looking…
Coal Export from East Kalimantan to India Hits Record High in Q4/2023
The Indonesian government, through the Ministry of Industry (Kemenperin), has tightened the entry of imported electronic products. This policy is outlined in Regulation Number 6 of 2024 concerning Procedures for Issuing Technical Considerations for the Import of Electronic Products. Among the 78 restricted imported electronic items are centrifugal pumps, submersible…
The Government Tightens Regulations on Imported Electronic Products
The Indonesian government, through the Ministry of Industry (Kemenperin), has tightened regulations on the importation of electronic products. This policy is outlined in Ministerial Regulation No. 6 of 2024 concerning Procedures for the Issuance of Technical Considerations for the Import of Electronic Products. Under this regulation, 78 imported electronic items…
CPO and Coal Support Trade Surplus
Indonesia's trade surplus is projected to experience a slight increase in March 2024 compared to the previous month. Myrdal Gunarto, a staff member in the Economic, Industrial, and Global Markets Division at Bank Maybank Indonesia, anticipates this rise in the trade surplus due to improved export performance. Despite remaining below…
