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Indonesia Set Export Levy for CPO at US$93/MT

JAKARTA (TheInsiderStories) - Indonesian government set the reference price of crude palm oil (CPO) products for export duties at US$1,036.22 a metric tones (MT) of CPO...

Indonesia’s Mining Benchmark Price Rises in March

JAKARTA (TheInsiderStories) - Trade ministry reported, until the end of February, the price of several mining products show a positive trend amid the pandemic. These were...

Indonesia and Malaysia Sign Palm Sludge Oil Sales Agreement

JAKARTA (TheInsiderStories) - Indonesia and Malaysia work together to increased palm oil trade between the two countries by signed a memorandum of understanding on the domestic palm...

Indonesia Kendaraan Terminal More Aggressives in Car Export Businesses

JAKARTA (TheInsiderStories) - PT Indonesia Kendaraan Terminal Tbk (IDX: IPCC), also known IPC Car Terminal, partnering with PT Glovis Indonesia International, a unit of South...

Indonesia Posts Trade Surplus US$1.96B in January

JAKARTA (TheInsiderStories) - Statistic bureau reported Indonesia posted a trade surplus US$1.96 billion in January from a year ago deficit US$640 million. During last month,...

GAPKI: CPO Prices Will Go Up to US$850 – $900 in...

JAKARTA (TheInsiderStories) - The Indonesian Palm Oil Association (GAPKI estimates that the crude palm oil (CPO) price will be in the range US$850 to $900 per...

Hong Kong’s Affinity Bought 21% Shares of Sido Muncul for US$324M

JAKARTA (TheInsiderStories) - Affinity Equity Partners, one of the largest private equity firms in Asia, acquired a 21 percent or 6.3 billion shares of PT...

Indonesian Coal Exports Fell 32.7% in 2020 due to Low Demands

JAKARTA (TheInsiderStories) - Indonesian coal exports throughout 2020 recorded 305.77 million tones (MT) of coal or only 77.4 percent of the targets at 395 MT of...

Indonesia Targets Export to Grow 6.3% in This Year

JAKARTA (TheInsiderStories) - Minister of trade, Muhammad Lutfi, targeted Indonesian non-oil and gas export could grow by 6.3 percent of gross domestic product in 2021,...

Indonesia’s ANTAM Get Permits to Export 1.89MT of Bauxite

JAKARTA (TheInsiderStories) - The miner, PT Aneka Tambang Tbk (IDX: ANTM) or ANTAM, get permit to export washed bauxite ore with as much as 1.89...

Indocement Looking Southeast Asia and Other Markets

JAKARTA (TheInsiderStories) - Indonesian cement producer, PT Indocement Tunggal Prakarsa Tbk (IDX: INTP) looking Southeast Asian and other markets to increases the sales volume. The Salim Group'...

Indonesia’s Cement Sales Drops More Than 10% in 2020

JAKARTA (TheInsiderStories) - The Indonesian Cement Association reported the national cement sales dropped more than 10 percent throughout 2020 from 70 million tones to 62.7...

Indonesia Posts Trade Surplus US$21.74B in 2020

JAKARTA (TheInsiderStories) - Statistic bureau reported Indonesia booked a trade surplus US$21.74 billion in 2020, with total exports recorded $163.31 billion and import values $141.57 billion,...

Bank Indonesia to Revises Export Permit Regulation

JAKARTA (TheInsiderStories) - Indonesian central bank overhauled the provisions on export proceeds and foreign exchange for imports as stipulated in Bank Indonesia Regulation (PBI) Number 22...

Indonesia’s Mining Export Prices Go Up Again in January

JAKARTA (TheInsiderStories) - The benchmark prices of Indonesian mining products for export in January 2021 go up again along with the increased of the global prices,...

EU, Britain Signs the Bilateral Agreement Before the Deadline

JAKARTA (TheInsiderStories) - After intensive negotiations, the European Commission has reached an agreement with the United Kingdom (UK) on the terms of its future cooperation with...

GAPKI: Indonesian Palm Oil Exports 37MT in 2021

JAKARTA (TheInsiderStories) - The Indonesian Palm Oil Association (GAPKI) sees a gradual growth in crude palm oil (CPO) exports starting next year driven by an...

Indonesia’s Patimban Port Officially Operates for Car Export

JAKARTA (TheInsiderStories) - President Joko Widodo conducted a soft launching of the Patimban International Port in Subang, West Java, on Sunday (20/12). Marking the first operation of...

Breaking News: Indonesia, South Korea Signs IK-CEPA

JAKARTA (TheInsiderStories) - Trade minister of Indonesia, Agus Suparmanto, and his counterpart from South Korea, Sung Yun-mo, has signed the Indonesia-South Korea Comprehensive Economic Partnership Agreement...

Japan Export Fell 4.2% in November, China and US Improves

JAKARTA (TheInsiderStories) - Export from Japan fell, but China and United States (US) improved in November along with the rising demand from the partnering countries,...

Indonesia’s Trade Surplus Declines to US$2.62B in November

JAKARTA (TheInsiderStories) - Statistics bureau announced that Indonesia posted a trade surplus US$2.62 billion in November 2020 but lowered compared to previous month $3.61 billion due...

Indonesia Build Motor Vehicle Proving Ground to Support Export

JAKARTA (TheInsiderStories) - Indonesia plans to build an international standard motor vehicle “proving ground” to help the automakers capture the Southeast Asian market. The transportation ministry...

Mainland China’s Exports Growth Likely to Continue

JAKARTA (TheInsiderStories) - China' merchandise exports in US Dollar denominated rose 21.1 percent in November compared to last year (YoY), the fastest pace in two years,...

Indonesia Considers to Raises CPO Export Levy in This Month

JAKARTA (TheInsiderStories) - The Indonesian government plans to implement the progressive export levy on crude palm oil (CPO) from earlier maximum US$55 a metric ton (MT)...

Hartarto: Indonesian CPO Prices to Reach US$668/MT in 2021

JAKARTA (TheInsiderStories) - Senior minister for economic affairs, Airlangga Hartarto, predicted Indonesia' crude palm oil (CPO) will touches US$668 a metric ton (MT) of CPO in...

Indonesian Mining Export Benchmark Price Rises in December

JAKARTA (TheInsiderStories) - Until the end of November 2020, the prices are several mining products showed a positive trend that continues amidst the COVID-19 pandemic, said trade ministry...

Indonesia’s Bayan Resources to Spends US$150M in 2021

JAKARTA (TheInsiderStories) - A coal miner owned by tycoon Low Tuck Kwong, PT Bayan Resources Tbk (IDX: BYAN) prepared a capital expenditure (capex) around US$150 million...

China Lifts Thermal Coal Import Quota 20MT in This Year

JAKARTA (TheInsiderStories) - China announced to lift its import quota for thermal coal by 20 million tones (MT) of coal until the end of the year. Last...

China to Buys Thermal Coal US$1.5B from Indonesia in 2021

JAKARTA (TheInsiderStories) - The Indonesian Coal Mining Association said China would buy thermal coal from Indonesia amounting to US$1.47 billion from starting next year. The trade...

NPL Rises, Indonesia Eximbank Gets Capital Injection US$355M

JAKARTA (TheInsiderStories) - The country' export financing agency, Indonesia Eximbank get capital injections Rp5 trillion (US$354.91 million) to help the lender to overcome the non-performing...
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