Business News
The Economic Condition of West Java in January 2025 is Relatively Stable
The Central Statistics Agency (BPS) reported that the economic condition of West Java in January 2025 was relatively stable, according to the official statistical release shared by BPS West Java on February 3rd, 2025. Regional Secretary Herman Suryatman noted that although the economy remained steady overall, some sectors showed declining…
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…
