Business News
Exports Increase, Coordinating Minister of Economic Affairs Reports Trade Surplus
Indonesia's trade balance in May 2024 recorded a surplus of USD 2.93 billion, marking the continuation of a 49-month consecutive surplus trend. Coordinating Minister for Economic Affairs Airlangga Hartarto attributed this achievement to government efforts to boost national exports. The non-oil and gas sector contributed a surplus of USD 4.26…
Indonesia's Tourism Index Ranks 22nd Globally, Surpasses Malaysia and Thailand
The Ministry of Tourism and Creative Economy has announced that Indonesia ranks 22nd globally and 2nd in ASEAN in the Travel and Tourism Development Index (TTDI) by the World Economic Forum (WEF), surpassing Malaysia and Thailand. “We appreciate and are grateful that our position is now 22nd globally,” stated Tourism…
Pattimura University Signs Cooperation with KKP and Japan to Boost Tuna Exports
The Faculty of Fisheries and Marine Sciences (FPIK) of Pattimura University (Unpatti) in Maluku has forged partnerships with Japan's Ocean Policy Research Institute (OPRI) and Indonesia's Ministry of Maritime Affairs and Fisheries (KKP) to enhance fisheries capacity, particularly in exporting tuna to international markets. The Memorandum of Understanding (MoU) was…
Chinese Automakers Ready to Make Indonesia a Center for Electric Vehicle Production and Export
Indonesian Minister of Industry, Agus Gumiwang Kartasasmita, has opened doors for Chinese automotive industry players to enhance exports of locally produced electric vehicles (EVs). Four companies—Wuling, Chery, Neta, and Sokonindo—are poised to increase production volumes and expand export destinations from their Indonesian plants. Minister Agus also urges Chinese automakers to…
