Business News
Rely on 10 Commodities, Indonesia Trade Surplus with Switzerland
Indonesia's trade relations with Switzerland have survived amid the COVID-19 pandemic. In fact, according to data from the Indonesian Embassy in Bern, Switzerland, Indonesia will record a trade surplus with Switzerland in 2022.Indonesia's trade performance is still strengthening and showing a surplus in the January-December 2022 period. Indonesia's total export…
Startups: EU response to US Subsidies Must Go Beyond State Aid, Tackle Procurement Rules
A series of European startup organisations co-signed a non-paper encouraging the European Commission to consider reviewing public procurement rules for SMEs to better support the ‘twin’ digital and green transitions as the EU adopts its Green Deal Industrial Plan. Fifteen startup bodies from across the bloc, spearheaded by French France…
Papua's Economy Grows 8.97% in 2022, BPS: Driven by the Transportation and Export Sector
The Central Statistics Agency (BPS) for Papua Province stated that the regional economy would grow 8.97% in 2022 compared to 2021. This figure was driven by the start of the economic recovery from the impact of COVID-19. Head of BPS Papua Adriana Helena Carolina said from the production side, the…
Indonesia's Economic Prediction for the First Quarter of 2023 to Grow 4.9%, This is Indef’s reason
The Institute For Development of Economics and Finance (Indef) projects that the Indonesian economy will grow 4.9% in the first quarter of 2023 compared to the same period in 2022. This estimate is lower than the realization of economic growth in the previous quarter, namely the fourth quarter of 2022…
