Business News
Supporting Local Industry, KSP Boosts Import Textile Supervision
The Presidential Staff Office (KSP) continues to encourage increased supervision of imported textile products through Indonesian language labels, SNI labels, and certificates of origin of goods (SKA). Deputy III of the Presidential Chief of Staff Panutan S. Sulendrakusuma said this effort was made by the government to support the development…
Governor: The Agricultural Sector Supports North Sulawesi's Economic Growth
North Sulawesi Governor Olly Dondokambey said the agricultural sector made a positive contribution to the economic growth of the area with a population of more than 2.6 million people. "Therefore, we give our appreciation to the Ministry of Agriculture for carrying out the socialization of the food sector supervision program…
April Trade Balance Surplus Highest All Time, Bank Indonesia Says This
Indonesia's trade balance surplus in April 2022 recorded a record high, reaching USD 7.56 billion. The surplus was much higher than the surplus in the previous month which reached USD 4.54 billion. Head of the Communications Department of Bank Indonesia (BI) Erwin Haryono said the positive performance continued Indonesia's trade…
EU GDP Projected to Stay in Positive Territory Over Spring 2022
The gross domestic product (GDP) of the European Union (EU) is projected to remain in positive territory over Spring this year due to the combined effect of post-lockdown re-openings and the strong policy action taken to support growth during the pandemic. Investment is set to benefit from the full deployment…
