Business News
IMF Predicts Indonesia's Economy to Grow 5% in 2024 and 5.1% in 2025
The International Monetary Fund (IMF) projects continued positive economic growth for Indonesia in 2024 and 2025. According to the July 2024 World Economic Outlook (WEO) Update, Indonesia's economy is expected to grow by 5% in 2024, with a slight increase to 5.1% in 2025. These projections remain consistent with the…
Customs Revenue Reaches IDR 154.4 Trillion: Freeport and Amman's Copper Exports Surge Nearly 1000% as the Main Support
The Indonesian Ministry of Finance, led by Minister Sri Mulyani Indrawati, reported customs and excise revenues of IDR 154.4 trillion by July 2024, marking a 3.1% year-on-year (yoy) growth and reaching 48.1% of the 2024 State Budget (APBN) target. In the August 2024 edition of the APBN Kita Press Conference,…
Customs Holds Assistance Sessions, Encourages MSME Exports in West Sumatra and East Java
Bea Cukai Teluk Bayur and Bea Cukai Probolinggo are actively supporting the advancement of exports for Micro, Small, and Medium Enterprises (UMKM) in their respective regions. They are encouraging UMKM entrepreneurs to understand export facilities and procedures while optimizing the Export Clinic program provided by Bea Cukai. In Sawahlunto, Bea…
Shallot Festival 2024: Brebes Exports 19,000 Tons of Shallots to Four Southeast Asian Countries
The launch of red onion exports to several Southeast Asian countries took place in Brebes, along the Pantura route, marking the opening of the 2024 Red Onion Festival on Friday evening. The export targets four countries: Malaysia, Singapore, Vietnam, and Thailand. This export process is set to continue until November…
