Business News

Indonesia Eximbank Collaborates with Indonesian AID to Strengthen Financing and Export Facilities

The Indonesia Eximbank (LPEI) cooperates with the International Development Cooperation Fund or LDKPI (Indonesian AID) to encourage economic recovery, one of which is through export growth. Based on Statistics Indonesia data in August 2022, Indonesia's export performance recorded a record high in history by reaching USD 27.91 billion, an increase…

EU Hopes for Trade Pact with Indonesia Within Two Years

The European Union hopes to strike a free-trade agreement with Indonesia within two years despite disputes with Southeast Asia’s largest economy over palm oil and nickel, the bloc’s trade commissioner said Tuesday. “We think it is feasible by mid-2024” to conclude a comprehensive economic partnership agreement, Valdis Dombrovskis told reporters…

Bukit Asam Ltd. Exports Hundreds of Tons of Coal to Italy, Explores Opportunites in the European Market

Bukit Asam Ltd. is exploring the European market for coal exports. The exploration of this new market was initiated by exporting hundreds of tons of the commodity to Italy. Director of Finance and Risk Management of Bukit Asam Ltd. Farida Thamrin said that her party was trying to open up…

Satono Supports Border Small and Medium Enterprises (SMEs) to Penetrate the Export Market

The Regent of Sambas, West Kalimantan, Satono fully supports the economic improvement of border communities through the Micro, Small, and Medium Enterprises (MSMEs) sector to be able to penetrate the export market. “With the Aruk Cross-Border Post (PLBN) in Sajingan Besar District, MSMEs business actors hope to be able to…
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