Business News
Realization Of Investment In The Energy And Mineral Resources Sector Reached IDR 529 Trillion In 2024
The Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, reported that the realization of investment in the ESDM sector in 2024 reached USD 32.3 billion, equivalent to around IDR 529.51 trillion (using an exchange rate of IDR 16,393.56 per USD). "The realization of our investment in the ESDM sector…
West Java Exports in 2024 Increase by 3.39% Compared to 2023
The Head of the Central Statistics Agency (BPS) of West Java, Darwis Sitorus, reported that the province's export performance in 2024 showed an increase compared to 2023. From January to December 2024, West Java's total exports reached USD 37.87 billion, marking a 3.39% increase over the same period in 2023.…
Coffee Prices Soar, Coffee Entrepreneurs Eye Export Opportunities
The rise in global coffee bean prices presents a great opportunity for Indonesian exporters, with hopes that prices will remain high when the harvest season begins in mid-2025. As of February 3, 2024, Arabica coffee prices reached USD 3.79 per pound, up 99.73% YoY, driven by limited global supply and…
South Kalimantan Exports Reach USD 921.32 Million in December 2024
The Central Statistics Agency (BPS) of South Kalimantan reported that exports from the region in December 2024 reached USD 921.32 million, a decrease of 17.63% compared to November 2024, which stood at USD 1.12 billion. When compared to December 2023, which saw exports of USD 1.08 billion, December 2024 experienced…