Business News
Ministry of Industry Said Manufacturing Industry Exports Continue to Increase
The processing industry recorded an export value during January - August 2022 of USD 139.23 billion, an increase of 24.03% compared to the same period last year. The industrial sector continues to provide the largest contribution with a contribution of up to 71.55% percent of the total national export value…
Maximizing National Economic Growth, Minister of Energy and Mineral Resources Encourages Optimization of Mineral Downstream
The government continues to encourage the program to increase added value through mineral downstreaming so that it can provide maximum benefits to Indonesia's economic growth, and has a strong competitive spirit in the development of the national industry. This was conveyed by the Minister of Energy and Mineral Resources Arifin…
Drafting Excise Regulations, Government Asked to Involve Farmers and Consumers
The tobacco products industry (IHT) is one of the industries that contributes greatly to the country's economy. In 2021, state revenues from excise on tobacco products or excise on cigarettes will reach IDR 188.81 trillion. But behind its large contribution, there are regulations that hinder the tobacco ecosystem. One of…
Highest August Exports in History, 2022 Economic Growth Could Exceed Target
Indonesia's exports in August 2022 again recorded a positive performance with a value of USD 27.91 billion, growing strongly by 30.15% (yoy) and 9.17% (mtm). This export was recorded as the highest export of all time. Cumulatively, the export value and trade balance from January to August 2022 were recorded…
