Business News
April Trade Balance Surplus Highest All Time, Bank Indonesia Says This
Indonesia's trade balance surplus in April 2022 recorded a record high, reaching USD 7.56 billion. The surplus was much higher than the surplus in the previous month which reached USD 4.54 billion. Head of the Communications Department of Bank Indonesia (BI) Erwin Haryono said the positive performance continued Indonesia's trade…
EU GDP Projected to Stay in Positive Territory Over Spring 2022
The gross domestic product (GDP) of the European Union (EU) is projected to remain in positive territory over Spring this year due to the combined effect of post-lockdown re-openings and the strong policy action taken to support growth during the pandemic. Investment is set to benefit from the full deployment…
The Minister of Communication and Information Hopes the Bali Package to Be a Milestone of Economic Recovery
The Minister of Communication and Information (Menkominfo) Johnny G Plate hopes that the discussion on the Draft Ministerial Declaration for Digital, or Bali Package, will be one of the milestones and tangible results in recovery after the Covid-19 pandemic. The economic recovery has received serious attention from the G-20 member…
Batam's Exports Rise, Signs of Economic Revival Are More Clearly Seen
Batam's export value based on the Central Statistics Agency (BPS) report in March 2022 reached USD 1,196.71 million. This achievement, recorded an increase of 31.59 percent compared to the same period last year which was only USD 807.12 million. On a monthly basis (month to month), Batam's exports also grew…
