Business News
West Kalimantan's Trade Balance Records a Surplus of USD 987.46 Million
The Head of the Central Statistics Agency (BPS) for West Kalimantan Province, has reported a trade surplus of USD 987.46 million in West Kalimantan for the period of January to August 2023. West Kalimantan's exports during this period reached USD 1,274.82 million, while imports amounted to USD 287.36 million. Based…
Simplified Permitting Drives Investment in Cimahi City to IDR 7.7 Trillion
The streamlined permitting process implemented by the Cimahi City Government has attracted investors over the past year. As a result, incoming investments have significantly increased and have been able to employ local workers. According to Online Single Submission (OSS) data, in 2023, the total investment value in Cimahi City reached…
Export of Bonded Zone Industries Contributes USD 48 Billion as of August 2023
The Directorate General of Customs and Excise, has affirmed that the bonded zone facility has had a positive impact on Indonesia's economic growth. In fact, this facility has played a crucial role in supporting and advancing the textile industry in Indonesia. Fiscal incentives for the bonded zone are regulated by…
South Sulawesi Governor Oversees Export of Fisheries Commodities to Hong Kong
Acting Governor of South Sulawesi oversaw the export of fisheries products weighing 4,126 kilograms, equivalent to IDR 437.5 million, to Hong Kong through Sultan Hasanuddin Airport in Makassar. The exported fisheries commodities included live grouper fish, dancing shrimp, dried sea cucumbers, and dried fish stomachs. The Governor mentioned that exporting…
