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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...

The Development Patimban Port Phase II Starts in January 2021

JAKARTA (TheInsiderStories) - The ministry of transportation announced will carry out the development of the Patimban Port phase 2 in Subang, West Java, in January 2021. Total...

Indonesia Posts Trade Surplus US$3.61B in October

JAKARTA (TheInsiderStories) - Statistics bureau reported Indonesia posted a trade surplus US$3.61 billion in October supported by the strengthening commodity prices for coal and crude palm...

India, Indonesia Talks on Coal Trading After Slowing in Three Quarters

JAKARTA (TheInsiderStories) - India and Indonesia hold a discussions on coal trade during the fifth Joint Working Group between the countries this week, it said in...

The US Government Officially Extends Indonesia’s GSP Facility

JAKARTA (TheInsiderStories) - The United States Trade Representative (USTR) has officially extend the provision of Generalized System of Preferences (GSP) facilities to Indonesia, said senior minister...

Indonesia’s Coal Consumption for DMO Only 141MT in 2020

JAKARTA (TheInsiderStories) - Senior economic minister, Airlangga Hartarto, sees the absorption of coal for domestic market obligation (DMO) only reach 141 million tons (MT) of...

Indonesia Targets to Become the Largest Halal Producer in 2024

JAKARTA (TheInsiderStories) - Vice president, Ma'ruf Amin, believed Indonesia become the world’ largest halal producer by 2024, considering 87 percent of the nation’ population are...

Phapros Exports Pharmaceutical Products to Afghanistan and Myanmar

JAKARTA (TheInsiderStories) - The subsidiary of pharmaceutical producer, PT Phapros Tbk (IDX: PEHA) PT Lucas Djaja, has exported Dexamethasone and amoxicilin to Afghanistan and Myanmar, the...

Indonesia Posts Trade Surplus US$2.44B in September

JAKARTA (TheInsiderStories) - Indonesia posted a trade surplus US$2.44 billion in September, higher than the previous month worth of $2.33 billion, said head of statistic bureau...

Indonesian CPO Exports Fell 14.3% Amid the Lower Demands

JAKARTA (TheInsiderStories) - The Indonesian Palm Oil Association (GAPKI), reported Indonesian palm oil products and derivatives in August fell by 14.3 percent to 2.68 million tons...

Indonesian Export to China Rises 6.4% in Eight Months

JAKARTA (TheInsiderStories) - Total trade between Indonesia and China reached US$48.7 billion during January - August 2020, said ambassador to China and Mongolia, Djauhari Oratmangun, in an...

Indonesia Has Potentials to Grab an Investment US$67B in Manufacturing Sector

JAKARTA (TheInsiderStories) - The Ministry of industry noted that there are plans for a number of manufacturing companies invests in Indonesia with a total value over...

Indonesia Eximbank Receives Funding US$580M from China

JAKARTA (TheInsiderStories) - The Indonesian Export Financing Agency (Eximbank) received funding with a total value of US$580 million from China Eximbank and PT Bank ICBC Indonesia,...

Japan’s Export Slumps 14.8% in August, Enter the Recession

JAKARTA (TheInsiderStories) - Japan posted a double-digit slump of export in August due to a global slowing demand, dropped for the 21st straight month, the ministry of...

Indonesia Posts Trade Surplus US$2.33B in August

JAKARTA (TheInsiderStories) - Statistics bureau reported that Indonesia posted a trade surplus of US$2.3 billion in August. Last The export value was recorded at...

Pandemic Effect, Indonesia’s Coal Export Volume Drops 11%

JAKARTA (TheInsiderStories) - The ministry of energy and mineral resources (MEMR) revealed that the realization of Indonesian coal exports has fallen sharply by 11...

Indonesia Posts a Trade Surplus US$3.26B in July

JAKARTA (TheInsiderStories) - Indonesia experienced a trade surplus of US$3.26 billion in July of 2020, said chairman of the statistic bureau today (08/18). The amount higher...

Indonesia’s Palm Oil Export Drops to US$10B in the 1H of...

JAKARTA (TheInsiderStories) - The Association of Indonesian Palm Oil Producers (GAPKI) reported that the value of crude palm oil (CPO) exports in the first half...

Indonesia’s Eximbank Ready to Pay Off Debt US$68.96M

JAKARTA (TheInsiderStories) - The Indonesian Export Financing Agency or Eximbank ready to pay debt worth of Rp1 trillion (US$68.96 million), said the company today. In...

EU – Vietnam Trade Agreement Enters into Force

JAKARTA (TheInsiderStories) - European Union (EU) exports to Vietnam has been taxed less starting August 1, said the agency last week. This is the immediate effect...

Indonesia, Turki Sepakati Nilai Dagang Sektor Pertanian AS$10M

JAKARTA (TheInsiderStories) - Indonesia dan Turki sepakat untuk meningkatkan nilai perdagangan di sektor pertanian senilai AS$10 miliar (Rp145 triliun), kata Kementerian Pertanian dan Kehutanan...

Indonesia, Turkey Agrees on the Trade Value of the Agriculture Sector...

JAKARTA (TheInsiderStories) - Indonesia and Turkey agreed to increase the value of trade in agriculture sector with worth of US$10 billion, said the ministry of...

Manufacturing Export Contribution Exceeds 79% in 1H of 2020

JAKARTA (TheInsiderStories) - During the first semester (1H) of 2020, total export values of the manufacturing products recorded US$60.76 billion or 79.52 percent of the total...

Indonesia – UK to Complete the Trade Review in December

JAKARTA (TheInsiderStories) - Indonesia and the United Kingdom (UK) agreed to completes the Joint Trade Review (JTR) in December of this year, to improve...