Business News

Increase Export Potential in Marauke and Ambon

Customs and excise revenues grew positively until July 2022 with total revenues reaching IDR 185.1 trillion or 61% of the target and growing by 31.1% year on year (yoy). This is driven by the positive trend of import duties, the resilience of excise performance, as well as the convincing performance…

Jokowi: Downstreaming Boost Mining Export Performance

Downstream policies, especially mining commodities, have resulted in an increase in export output, which in turn has improved the trade balance. President Joko Widodo believes that the trade balance between Indonesia and China will be in a surplus this year. "Our trade balance. I remember, 2012 with China minus USD…

The Ministry of National Development Planning Claims More than 100 IKN Investors, From China to Europe

The Minister of National Development Planning/Head of Bappenas, Suharso Monoarfa, revealed that the number of investors in the National Capital City of the Archipelago (IKN Nusantara) is increasing, reaching more than 100 queues. Suharso explained, if the detailed plans for IKN development have been completed, investors will naturally be interested…

The Ministry of Public Works and Public Housing Starts Building a National Road Towards IKN Nusantara

The Ministry of Public Works and Public Housing (PUPR) started the construction of the Sepaku Ring Road, which is the main national access road to the new capital city of archipelago or IKN Nusantara. PUPR Minister Basuki Hadimuljono said the construction of the IKN Nusantara had entered the land development…
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