Business News

East Java Provincial Government and China Forge Cooperation in Trade and Human Resource Development

The provincial government of East Java (Indonesia) and representatives from the People’s Republic of China reaffirmed their commitment to strengthening cooperation in key areas of trade and human resource development during a meeting in Surabaya. The discussion took place between Governor Khofifah Indar Parawansa and Chinese Consul General Ye Su…

Indonesia Plans to Export Corn This Year

The Indonesian government has stated that the country has the potential to export corn in 2026, as domestic production is now sufficient to meet national demand. According to the latest data from Indonesia’s Central Statistics Agency (BPS), the production of dry shelled corn with 14% moisture content in 2025 reached…

Indonesia’s Trade Balance Continues to Be in Surplus

According to official statistics reported by Indonesia’s central statistics agency (BPS), the country’s trade balance maintained a positive performance, recording a trade surplus of about USD 38.54 billion from January to November 2025—an increase of approximately USD 9.30 billion compared to the same period last year, and the 67th consecutive…

Bank Indonesia Governor Hopes “Tapal Kuda” Becomes the Future of Indonesia’s Economy

Bank Indonesia Governor Perry Warjiyo expressed his hope that the Tapal Kuda region — which includes Lumajang, Jember, Bondowoso, Situbondo, and Banyuwangi in East Java — will become a key driver of Indonesia’s economic future, leveraging strategic collaboration with Bank Indonesia’s regional office. He emphasized that Bank Indonesia should act…
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