Business News
Trump Delays Import Tariffs, Rupiah Rises by 97 Points
The Indonesian Rupiah strengthened by 0.59% (97 points) to IDR 16,351 per US dollar by the close of trading on Tuesday. The gain was attributed to US President Donald Trump's decision to delay a 25% import tariff on goods from Mexico and Canada for 30 days, slightly weakening the US…
Zulhas: Government Will Not Import Rice This Year, Bulog to Absorb 2.5 Million Tons of Rice Grain
The Indonesian government announced that it will not import rice in 2025, marking a significant shift from the previous year. Minister of Trade Zulkifli Hasan highlighted the contrast, stating, “Last year we imported 4 million tons, with a realization of 3.6 million. This year, God willing, there will be no…
East Kalimantan’s Oil and Gas and Non-Oil Imports Increased Throughout 2024, Dominated by Machinery
In December 2024, East Kalimantan's imports rose by 46.97% to USD 518.91 million. Oil and gas imports contributed USD 391.57 million, up 60.55%, while non-oil and gas imports increased by 16.63% to USD 127.34 million. Machinery and mechanical equipment imports saw a significant rise, while organic chemical imports declined. China…
Imports to West Java for Consumer Goods Soar by 20.86% During 2024
The value of West Java's imports during the January-December 2024 period was USD 13.07 billion or up 6.23% compared to the same period the previous year. The increase was driven by non-oil and gas imports which rose by 8.03%, while oil and gas imports fell by 3.14%. Head of the…
