Business News

Indonesia Achieves 44 Consecutive Months of Trade Surplus

In December 2023, Indonesia's trade balance demonstrated a surplus for the 44th consecutive month, as reported by the Central Statistics Agency (BPS). The period saw exports totaling USD 22.41 billion and imports at USD 19.11 billion, resulting in a trade surplus of USD 3.3 billion. Pudji Ismartini, Deputy for Distribution…

Manufacturing Sector Expected to Grow by 5.8% in 2024, Making Significant Contributions

The Minister of Industry, Agus Gumiwang Kartasasmita, expresses optimism about the manufacturing sector achieving a growth target of 5.8% in 2024 despite global geo-economic and geopolitical challenges. The manufacturing industry has been a vital contributor to Indonesia's economic growth, holding a prestigious position as one of the top 10 global…

Export in December 2023 Rises by 1.89%, Surpasses USD 22.41 Billion

In December 2023, Indonesia's export performance demonstrated a noteworthy increase, reaching USD 22.41 billion, marking a 1.89% rise compared to the previous month. The Deputy of Distribution and Service Statistics at BPS, Pudji Ismartini, highlighted this achievement during a press conference on the announcement of the December 2023 export-import data.…

Export Success: Kelud Kediri's Pineapples Reach Oman and Jeddah

Desa Ngancar, located in the southern part of Kabupaten Kediri and renowned for the scenic beauty of Mount Kelud, has become a notable exporter of pineapples. Over the past two years, the pineapples from the slopes of Kelud have successfully penetrated the international market, making their way to Oman and…
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