Business News
Indonesia's Courage to Evolve Foreign Trade
Indonesia recorded a surplus of the highest trade balance value in history, which amounted to 30.81 billion US dollars in January-October 2021. Indonesia has expressed its refusal to enter into agreements related to global supply chains, which allowed Indonesia to export raw materials at the G20 meeting in Rome. Since…
Indonesia Sees Commodities Driving 2021 Exports to Record US$230 Billion
Indonesia's exports this year could reach between US$225 billion to US$230 billion, the biggest on record for South-East Asia's largest economy, the country's trade minister has announced this week. The resource-rich country has been enjoying an export boom on the back of rising prices of its top commodities such as…
Sandi Uno: Bali is the Largest Foreign Exchange Contributor in Indonesian Tourism
Minister of Tourism and Creative Economy (Parekraf) Sandiaga Salahudin Uno, said Bali is still the largest foreign exchange earner for Indonesia, the second largest after the Oil and Gas industry. "Bali is still the top of mind for Indonesian tourism. 50% of our revenue comes from Bali, from the foreign…
Disperindag Banten Encourages Exports of Small Business Actors in Banten to Go International
Exports from the Banten region to a number of Asian, European, and American countries were able to boost Banten's economic growth, from negative to positive. At least in the third quarter of 2021, it will grow to 4.62 percent. Banten's export value in October 2021 was valued at 1,117.69 million…
