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GAPKI: CPO Production of Indonesia Rises 12.60% in March

JAKARTA (TheInsiderStories) - The Indonesian Palm Oil Association (GAPKI) noted that total production of crude palm oil (CPO) and kernel oil (CPKO) reached 11.15 million tones...

UK and Indonesia Concludes First Round Trade Deal

JAKARTA (TheInsiderStories) - The United Kingdom (UK) and Indonesia have concluded the first round of exploratory trade talks and committed to further strengthening GBP3 billion (US$4.16 billion)...

Indonesia Posts Trade Surplus US$1.57B in March

JAKARTA (TheInsiderStories) - Head of the statistics bureau, Suhariyanto, reported Indonesia posted a trade surplus of US$1.57 in March. During last month, he elaborated, export grew...

China: Export Surges 30.6% as Global Economy Recovers

JAKARTA (TheInsiderStories) - China' exports grew at a brisk pace in March as global demand picked up amid progress on COVID-19 vaccination around the world, while...

Indonesia – China Reaches Trade and Investment Deal US$2.71B

JAKARTA (TheInsiderStories) - Minister of trade, Muhammad Lutfi, said that Indonesia reached an investment and trade agreement with China worth of US$2.71 billion during his visit...

Freeport Indonesia Obtaines 2 MT Copper Concentrate Export Permit in 2022

JAKARTA (TheInsiderStories) - Local miner, PT Freeport Indonesia (PTFI), has obtained the export quota of 2 million tones (MT) of copper concentrate export for next year,...

Indonesia’s Cement Export Rises 240% in February

JAKARTA (TheInsiderStories) - The Indonesian Cement Association reported that the national cement export reached 1.1 million tones of cement in February or jumped by 240 percent...

Indonesia Allows Miner to Export Raw Materials During the Pandemic

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry allowed the miner to export the raw material during the COVID-19 pandemic although the smelter construction...

Indonesia’s Palm Oil Export Drops 18.47% in January

JAKARTA (TheInsiderStories) - Indonesian Palm Oil Association (GAPKI) reported that palm oil products and derivatives export dropped by 18.47 percent to 2.86 million tones (MT) in January...

LDA Capital Inject Funds US$8M to Indonesian Textile Firm

JAKARTA (TheInsiderStories) - Global investment group from the United States, LDA Capital, injected capital Rp125 billion (US$8.68 million) to local firm, PT Sejahtera Bintang Abadi Textile...

Japan’s Export Fell 4.5% Influences by Decline US Car Shipments

JAKARTA (TheInsiderStories) - The ministry of finance reported Japanese exports fell by 4.5 percent in February compared to a year ago, influenced by the decline in...

Indonesia Posts Trade Surplus US$2.01B in February

JAKARTA (TheInsiderStories) - Indonesia posted a trade surplus of US$2.01 billion in February supported by rising exports and low import values, statistic bureau reported today. During...

Indonesia’s Krakatau Targeting Sales Grow 27% in 2021

JAKARTA (TheInsiderStories) - Steel producer, PT Krakatau Steel Tbk (IDX: KRAS) targeting the Hot Roll Coil and Cold Roll Steel sales to reached 2.04 million tones...

Switzerland Exempts Indonesian CPO Import Duty

JAKARTA (TheInsiderStories) - In the midst of a dispute over the palm oil issues with the European Union (EU), Switzerland sending a good news to Indonesia. The...

China’s Export Surges 155% to US$467B in February

JAKARTA (TheInsiderStories) - China' exports surged 155 percent to US$468.9 billion and imports jumped 22.2 percent to US$365.6 billion in February compared with a year earlier when much...

Indonesia Set the Coal Price US$84.49 a MT in March

JAKARTA (TheInsiderStories) - Energy and mineral resources (EMR) ministry set the thermal coal price at US$84.49 a metric ton (MT) in March, dropped by 3.8...

Widodo Optimistic Indonesian Economic Growth 5% in This Year

JAKARTA (TheInsiderStories) - President Joko Widodo optimistic that Indonesian economy will grow 5 percent in this year with various efforts by the government. In the 2021...

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,...
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