Business News
Nickel Boosts Indonesia's Non-Oil and Gas Export Performance in November 2024
The Central Statistics Agency (BPS) reported that nickel was a key commodity supporting Indonesia's non-oil and gas export performance in November 2024. Acting Head of BPS, Amalia Adininggar Widyawanti, stated that the value of non-oil and gas exports reached USD 22.69 billion in November 2024, marking a 1.67% decrease from…
Exports of Dried Ketapang Leaves to Getas, Bangka Belitung, Remain Consistent Throughout 2024
Exports of dried ketapang leaves, dried mangosteen leaves, dried dadap leaves, and Getas snacks from the Bangka Belitung Islands Province have remained consistent throughout 2024. Pangkalpinang Customs has also shown its commitment to supporting the export of leading products from micro, small, and medium enterprises (MSMEs) in Bangka Belitung. Through…
Set Economic Policy Package, Government Provides Incentives for Three Basic Food Commodities
Minister of Trade, Budi Santoso, announced that the government will provide a 1% Value Added Tax (VAT) incentive for three basic food commodities: MINYAKITA cooking oil, wheat flour, and industrial sugar. This incentive is part of the government's economic policy package aimed at supporting the welfare of the public, particularly…
Industrial Growth in Batang Accelerates, Investment Reaches IDR 18.7 Trillion
PT Kawasan Industri Terpadu Batang (KITB) has demonstrated remarkable progress in developing its industrial zone. As of December 2024, 28 companies have committed to establishing factories on a 339-hectare plot, with total investments reaching IDR 18.7 trillion. KITB President Director, Ngurah Wirawan, reported that six companies are already operational, employing…
