Business News
Indonesia Promotes Export of Regional Products to Cambodia
The Indonesian Embassy in Phnom Penh recently organized a Sharing & Networking event between members of the Regional Representative Council (DPD) of Indonesia and the Indonesian Chamber of Commerce (IndoCham) and the Indonesia-Cambodia Business Club (ICBC) at the Indonesian Embassy's Wisma Duta in Phnom Penh, Cambodia. The Indonesian Ambassador to…
Batam Records Trade Surplus of USD 101.87 Million
According to data from the Central Statistics Agency (BPS) of Batam, there is a surplus of USD 101.87 million as of April 2023. This surplus is due to the export value of Batam, which reached USD 1.14 billion, surpassing the import value of USD 1.04 billion. Cumulatively, the trade balance…
The Efficiency of Logistics System Accelerated to Strengthen National Competitiveness
With a growth rate of 5.03% (YoY) in the first quarter of 2023, Indonesia's economic growth continues to demonstrate resilience and remains above five percent for six consecutive quarters. Export performance contributes significantly to the shine of Indonesia's Trade Balance (NPI), which has been in surplus since May 2020. In…
Positive Prospect of the Cement Industry Supports Indonesia's Economic Resilience
PT Mirae Asset Sekuritas Indonesia views the positive outlook of the infrastructure industry, including cement, as a support for Indonesia's solid economic resilience leading up to the 2024 political year and amidst global interest rate fluctuations. According to Senior Economist Mirae Asset’s statement, that the government has increased the budget…
