Business News

Indonesia Exports the Most Vehicles Other than Stock of Trains or Trams to Mongolia

Indonesia recorded exports with Mongolia of USD 23.2 million as of December 2020. This value increased by 88.87% compared to the previous year's exports which were recorded at USD 12.29 million. Indonesia's trade track record with Mongolia, exports in the last 10 years are in an upward trend. The year…

Export of Central Java MSME Products to France

Central Java Governor Ganjar Pranowo released the export of superior products from micro, small and medium enterprises (MSMEs) from Surakarta City to France. The export release, which is the result of a collaboration between the Surakarta City Government, Sebelas Maret State University (UNS), and Bank Jateng took place at Solo…

Trade Minister Claims 21.64% Increase in Exports to Drive Economic Growth in the Third Quarter

The Ministry of Trade (Kemendag) noted that the value of exports of goods and services rose 21.64% annually (yoy) and was claimed to be a driver of Indonesia's economic growth in the third quarter of 2022. "In the third quarter of 2022, the Indonesian economy grew positively higher at 5.72%…

Temasek Calls Indonesia Top Destination in ASEAN for Technology Investment

Temasek mentions Indonesia and Singapore as the top two destination countries for technology investment in Southeast Asia or ASEAN in 2022. Because Indonesia attracts 25% of the total value of private funding in the region and in the long term it is considered attractive to investors. However, the existence of…
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