Business News

Ministry of Trade: Export Earnings Play a Role in Realizing Indonesia Maju 2045

The Head of Trade Policy Agency at the Ministry of Trade (Kemendag), Kasan, stated that export earnings play a vital role in driving Indonesia's economic growth and achieving its goal of becoming a developed country by 2045. Kasan emphasized that one of the indicators of becoming a developed nation is…

Indonesia Exports 5,584 Tons of Nickel Sulfate to China

Indonesia's PT. Halmahera Persada Lygend (HPL), located in Pulau Obi, South Halmahera, North Maluku Province, has officially made its first export of 5,584 tons of nickel sulfate, packaged in 290 containers, to China. This nickel sulfate plant, owned by PT. Trimegah Bangun Persada (Harita Nickel), refines nickel ore into nickel…

Minister of Trade: Indonesia is Ready to Complete IEU-CEPA by 2024

Indonesia's Minister of Trade, Zulkifli Hasan, has stated that Indonesia is ready to conclude negotiations on the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) by 2024. During a visit from the European Parliament's Committee on International Trade (INTA), Zulkifli requested support from the European Parliament, particularly the INTA Committee, in…

Customs and Excise Directorate Generates IDR 351 Billion Surplus by Assisting 118 Export-Oriented Micro, Small, and Medium Enterprises

The Directorate General of Customs and Excise of the Ministry of Finance reported a surplus in export transactions of their supported MSMEs from January to May 2023, totaling USD 23.4 million or equivalent to IDR 351 billion. This contribution came from 118 entrepreneurs who were facilitated through the Ease of…
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