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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,...

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...

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...

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,...

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...

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...

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...

Indonesia Targeting Fuel Imports Fall to 26.69% in 2024

JAKARTA (TheInsiderStories) - The ministry of energy and mineral resources (MEMR) targeting the ratio of imported fuel to the domestic demand fall to 29.69 percent in...

Indonesia’s Bukit Asam will Save US$592M from DME Project

JAKARTA (TheInsiderStories) - State-owned miner, PT Bukit Asam Tbk (IDX: PTBA), stated that the construction of a downstream coal plant into dymethyl ether (DME)...

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 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,...

Indonesia to Build Food Estates in Central Kalimantan and North Sumatra

JAKARTA (TheInsiderStories) - The Indonesian government plans to build a food estate in Kapuas and Pulang Pisau in Central Kalimantan and Humbang Hasundutan in...

Indonesia Implements Full Blocking Control of IMEI

JAKARTA (TheInsiderStories) - Indonesian government officially enforces International Mobile Equipment Identity (IMEI) control for the telecommunication devices such as mobile phones, handheld computers, and...

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 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...

Pertamina, Pupuk Kujang Build the First Catalyst Plant in Indonesia

JAKARTA (TheInsiderStories) - The state-owned energy company, PT Pertamina together with PT Pupuk Kujang and PT Rekacipta Innovation Institute of Technology Bandung established a joint venture...

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...

Indonesia-Inggris Sepakat Selesaikan Kajian Perdagangan Tahun Ini

JAKARTA (TheInsiderStories) - Indonesia dan Inggris sepakat segera menyelesaikan Kajian Perdagangan Bersama pada Desember tahun ini untuk meningkatkan hubungan ekonomi kedua negara, kata seorang pejabat hari...

Indonesia’s Trade Surplus Widens to US$1.27B in June

JAKARTA (TheInsiderStories) - Indonesian trade surplus increased to US$1.27 billion in June 2020 from $0.30 billion in the same month of the previous year,...

China Posts Export Growth Amid COVID-19 Outbreak

JAKARTA (TheInsiderStories) - Exports from China unexpectedly increased by 0.5 percent year-on-year to US$213.57 billion in June 2020, after a 3.3 percent fall in...

Saudi Arabia Raises Import Duty of 575 Indonesian Products

JAKARTA (TheInsiderStories) - General authority of Saudi Arabia raised import duty on 575 of Indonesian products, said trade ministry on Monday (06/22). The trade partner...

Japanese Exports Fell to Lowest Level Since 2009’s Global Crisis

JAKARTA (TheInsiderStories) - Japanese exports fell at the fastest rate since the 2009 global financial crisis to JPY4.18 trillion (US$39.03 billion) in May, the custom office...

Indonesia’s Trade Balance Surplus US$2.09B Due to Low Imports

JAKARTA (TheInsiderStories) - Indonesia posted a trade surplus US$2.09 billion in May due to lower imports, the statistic bureau reported today (06/15). Year to date,...