Business News
Fortunate Turn: Surge in Indonesia's Coal Exports in 2023
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has addressed the notable surge in Indonesia's coal export realization throughout 2023. This upswing is attributed to heightened demand from various nations, coupled with disruptions in alternative energy supply chains that have redirected attention to Indonesia. Arifin disclosed that the pressure…
Indonesia's Structural Steel Exports to Canada Surpass USD 2 Million Milestone
Indonesia's manufacturing sector, buoyed by the rising competitiveness of local products and an increasing demand for exports, particularly in the global market, is confidently expanding its footprint. Among the manufacturing subsectors demonstrating outstanding performance amid global economic slowdown is the basic metal industry, renowned as the "mother of industry," playing…
Indonesian Processed Tuna Gains 0% Export Tariff Access to Japan
The Ministry of Maritime Affairs and Fisheries (KKP) successfully concluded negotiations resulting in a 0% export tariff agreement for four processed tuna commodities to Japan. The zero export tariff applies to canned tuna and skipjack tuna, reducing from the previous 9.6% to 0%. Additionally, two tariff positions, katsuobushi with HS…
Increased Jewelry Exports in East Java for December 2023
The Central Statistics Agency of East Java (BPS Jatim) has reported a rise in jewelry or gemstone (HS 71) exports in December and throughout 2023. Additionally, copper is a primary commodity exported from East Java, primarily in the form of cathodes and cathode parts. According to the East Java Central…
