Business News

Better Than Last Month, East Kalimantan Exports in February 2022 Reached USD 2.01 Billion

The export value of various oil and gas and non-oil and gas commodities from the Province of East Kalimantan (Kaltim) to a number of destination countries in February 2022 reached USD 2.01 billion. This indicates an increase of up to 85.89% on a monthly basis or an increase of 55.40%…

Indonesian Government is Optimistic Economic Growth in the First Quarter of 2022 Will Reaches 5%

The government estimates that economic growth in the first quarter of 2022 will be in the range of 5% because a number of sectors recorded positive performance or recovered from the impact of the Covid-19 pandemic. Head of the Fiscal Policy Agency (BKF) of the Ministry of Finance, Febrio Nathan…

BI Jember Supports Ketakasi to Expand Sidomulyo Coffee Export Market

Support for digitizing Micro, Small and Medium Enterprises Development (MSME) transactions and export-oriented matching businesses encourages market expansion and supports the momentum of economic recovery, which will continue to grow better than the previous year. Therefore, Bank Indonesia encourages MSMEs to be competitive in order to accelerate inclusive economic growth…

Ministry of Trade Raises Granulated Sugar HET to Rp13,500, Imports are Smooth again

PT Sinergi Gula Nusantara or SugarCo, the sugar factory holding owned by state-owned PT Perkebunan Nusantara (PTPN) reported that consumption sugar import activity in March 2022 gradually improved after the trade authority relaxed the reference price regulation at the consumer level to Rp13,500 per liter. SugarCo CEO Aris Toharisman said…
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