Business News
Manufactured Product Exports Reach USD 171.23 Billion in January-November 2023
The manufacturing industry consistently maintains its position as the leading contributor to Indonesia's export achievements. From January to November, manufactured products continued to dominate, registering a substantial value of over USD 171.23 billion. Minister of Industry, Agus Gumiwang Kartasmita, expressed satisfaction with the well-managed growth of the manufacturing industry, emphasizing…
Fortunate Turn: Surge in Indonesia's Coal Exports in 2023
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has addressed the notable surge in Indonesia's coal export realization throughout 2023. This upswing is attributed to heightened demand from various nations, coupled with disruptions in alternative energy supply chains that have redirected attention to Indonesia. Arifin disclosed that the pressure…
Indonesia's Structural Steel Exports to Canada Surpass USD 2 Million Milestone
Indonesia's manufacturing sector, buoyed by the rising competitiveness of local products and an increasing demand for exports, particularly in the global market, is confidently expanding its footprint. Among the manufacturing subsectors demonstrating outstanding performance amid global economic slowdown is the basic metal industry, renowned as the "mother of industry," playing…
Indonesian Processed Tuna Gains 0% Export Tariff Access to Japan
The Ministry of Maritime Affairs and Fisheries (KKP) successfully concluded negotiations resulting in a 0% export tariff agreement for four processed tuna commodities to Japan. The zero export tariff applies to canned tuna and skipjack tuna, reducing from the previous 9.6% to 0%. Additionally, two tariff positions, katsuobushi with HS…
