Business News
Indonesia Diaspora Promotes Tourist Villages and SME Products in the Netherlands
Negeriku, a non-profit organization founded by the Indonesian diaspora in the Netherlands, is promoting the excellence of tourist villages and SME products from Indonesia to the European community through an exhibition titled "Discovering the Magnificence of Indonesia Expo." The exhibition, with the theme "Promoting Green Tourism Villages and Small to…
BI Report: Indonesia's International Investment Rises by USD 2.6 Billion in Q1
Bank Indonesia (BI) reported that Indonesia's International Investment Position (IIP) in Q1 2023 showed a slight increase in net liabilities. The net liability stood at USD 255.3 billion, rising slightly from USD 252.7 billion in Q4 2022. The growth in net liabilities was primarily driven by the Foreign Financial Liability…
Ministry of Trade Plans to Import 1 Million Tons of Rice from India, Bappenas Responds
The National Food Agency (Bapanas) has commented on the Ministry of Trade's plan to import 1 million tons of rice from India. The Head of Bapanas, Arief Prasetyo Adi, stated that they do not have an issue with the import plan as long as it is conducted through an agreement…
Indonesia Continues to Boost Food Product Exports to South Africa
Indonesia's trade with South Africa has exhibited a positive trend in recent years. From 2020 to 2022, the total trade between the two countries surged by 60.6%, reaching a substantial value of USD 3.25 billion in 2022. This growth was largely supported by a remarkable 38.07% increase in export value.…
