Business News
South Kalimantan’s Exports Reach USD 828.06 Million
South Kalimantan’s exports reached USD 828.06 million in January 2025, marking a 10.12% decline from December 2024 and a 17.48% decrease compared to January 2024. The mineral fuels sector (HS 27) remained the largest contributor, accounting for USD 751.28 million (90.73% of total exports). Other major exports included animal/vegetable fats…
Minister of Trade Released the First Export of Kratom – valued at USD1.053 million
The Minister of Trade, Budi Santoso, released the first export of kratom produced by PT Oneject Indonesia to the United States and Europe, with an export value of USD 1.053 million. Kratom exports are regulated through Minister of Trade Regulation (Permendag) No. 21/2024 and Permendag No. 20/2024, stipulating that business…
GAC International, from China, to make Indonesia a Manufacturing Base
GAC International, in partnership with Indomobil, has announced a strategic move to strengthen investment in Indonesia. The collaboration, under the direction of the Ministry of Investment and Downstreamisation/BKPM, aims to accelerate the development of electric vehicles and improve the competitiveness of Indonesia's automotive industry on the global stage. The investment…
Indonesian Property Sector recorded IDR 122.9 trillion in Investment Realisations in 2024
Jones Lang LaSalle (JLL) has reported Indonesia's investment realisation in the property sector to be IDR 122.9 trillion, contributing to a total realisation of IDR 1,714.2 trillion by 2024. This ongoing investment in Indonesia's property sector highlights the country's favourable investment climate, attracting both foreign and domestic investors. In 2025,…
