Business News
Indonesia Books Trade Surplus Again Amid ‘Concerning’ Import Decline
Indonesia has again logged a trade surplus in a trend that began in May last year as commodity prices have picked up while the COVID-19 pandemic has battered demand for imported goods. According to data published by Statistics Indonesia (BPS) on Monday, Indonesia booked a surplus of US$1.96 billion in…
Making Lake Toba a Super Priority Integrated Tourism Destination
The government under the leadership of President Joko Widodo (Jokowi) is currently focusing on developing tourism and the creative economy (parekraf) in five integrated super priority tourism in Indonesia and most people may already know places that have truly amazing natural beauty. However, there are still some people who are…
Indonesia’s Fight Against EU Palm Oil Ban – Analysis
As the world’s largest producer and consumer of palm oil, the palm oil industry has become an important part of Indonesia’s economy. At least half of the world’s palm oil supplies are supplied from Indonesia. Indonesia supplies with an output of around 40.6 million tons, and export volume of 29.3…
Ministry of Energy and Mineral Resources Launches Mineral and Coal Policy Document
The Ministry of Energy and Mineral Resources (ESDM) is refining the mineral and coal (minerba) policy in Indonesia as an illustration of the direction of mineral and coal management and more adaptive implementation practices for the community. Director General of Mineral and Coal of the Ministry of Energy and Mineral…
