Business News

Ministry of Finance: Export Increase is Expected to Drive Second Quarter Economic Growth

The government recorded Indonesia's exports in June 2022 amounted to 26.09 billion US dollars, an increase compared to May 2022 of 21.51 billion US dollars. This significant performance was mainly driven by an increase in exports of palm products after the prices of basic necessities in the country became more…

Largest USD 5 Million Trading Surplus in Semester I-2022 in History

Minister of Trade Zulkifli Hasan (Minister of Trade Zulhas) noted that Indonesia's trade performance in June 2022 managed to achieve a surplus of USD 5.09 billion. This surplus continues the trend of consecutive surpluses achieved since May 2020 or to be precise for the last 26 months. The surplus in…

South Sulawesi Has Distributed Free Rice Seeds 1.2 Million Kilograms

The South Sulawesi Provincial Government has distributed 1.2 million kilograms of rice seeds to be planted on 48 thousand hectares of agricultural land in the first planting season of 2022. Head of the South Sulawesi Food Crops, Horticulture and Plantation Service (TPHBun), Imran Jausi in Makassar, Sunday said that the…

Indonesia's Coal Exports to Europe have the Potential to Increase

The value and volume of Indonesian coal exports to Europe still has the potential to increase in the rest of this year. Executive Director of the Indonesian Coal Mining Association (APBI) Hendra Sinadia revealed that there is still potential to increase the value and volume of exports. Previously, a number…
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