Business News
Trade Surplus Demonstrates Indonesia's Resilient External Sector
The Ministry of Finance (MoF) has stated that Indonesia's foreign trade balance, which once again recorded a surplus, demonstrates the resilience of Indonesia's external sector. Amidst the moderating trend of commodity prices and a slowdown in global economic growth, Indonesia's trade balance continues to show a surplus. This indicates the…
Bea Cukai Gresik Becomes the First Office in Indonesia to Export through SSm QC, Accelerating Export Licensing
The Gresik Customs and Excise Office has successfully conducted its maiden export operation using the Single Submission Quarantine Customs (SSm QC) system. This achievement simultaneously establishes the Gresik Customs and Excise Office as the first office in Indonesia to successfully implement the technology, which is part of the National Logistics…
Indonesian Fisheries Targets USD 28 Million in Exports to China by 2024
PT Perikanan Indonesia, a member of ID FOOD, is making efforts to boost fishery product exports with the aim of increasing tax revenue and dividends for the state. The company's export map spans several countries, including the USA, China, Japan, South Korea, Singapore, and Taiwan. Sigit Muhartono, the President Director…
Indonesia Holds Significant Potential for Motorcycle Exports to Africa
Indonesia has a substantial opportunity to expand its motorcycle exports, particularly to the African region, driven by the commendable quality of products manufactured in the country. The Secretary-General of the Indonesian Motorcycle Industry Association (AISI), conveyed this view. The primary potential lies in Africa, Southern Europe, and Latin America. Even…
