Business News
The First Day of the 35th Trade Expo Indonesia Recorded a Trade Contract of USD 467.92 Million
The first day of the implementation of the 2020 Trade Expo Indonesia Virtual Event (TEI-VE), the buying mission program managed to record a trade contract of USD 467.92 million. This achievement stems from the signing of 24 memorandum of understanding (MoU) between Indonesian companies and companies from Japan, the Netherlands,…
January to September 2020 Indonesian Trade Reaches US $ 13.5 Billion
Indonesia's trade balance during the Covid-19 pandemic continued to show good performance. The export of a number of commodities has skyrocketed, the trade surplus has an increasing trend in the period May to September. The Minister of Trade, Agus Suparmanto, in a press release from the Committee for Handling Covid…
Manufacturing Industry Expected to Return to Expansion in Quarter IV 2020
The government estimates that the performance of the manufacturing industry can return to positive or reach an expansionary level in the fourth quarter of 2020. This is indicated by a number of indicators of increased production and investment. Industrial performance is expected to continue to improve, after the manufacturing industry…
Indonesia to Develop Circular Economy for EVs, Boost Battery Industry
Indonesia intends to adopt a circular model for its up-and-coming electric vehicle (EV) industry - a new industry driven by rising concerns over the climate crisis - and plans to partner with global manufacturing giants to produce EV batteries. Doddy Rahadi, the head of the Industry Ministry's industrial research and…
