Tag: trade
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...
Indonesia – EFTA Trade Agreement Will Be Ratified Soon
JAKARTA (TheInsiderStories) - House of Representatives and the government agreed to ratified the Indonesia - European Free Trade Association (EFTA) Comprehensive Economic Partnership Agreement (IE-CEPA),...
Indonesia – Singapore Investment Protection and Treaty Effective
JAKARTA (TheInsiderStories) - Indonesia - Singapore Bilateral Investment Protection and Treaty, which establish rules on the treatment of investors and investments from both countries, came into...
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 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 Set CPO Prices US$1,027 and Some Mining Prices Rise
JAKARTA (TheInsiderStories) - Indonesian government set the benchmark price for crude palm oil (CPO) products for export duty is US$1,026.78 per metric ton (MT) of...
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...
EU and UK Officially Divorces After Negotiated for Years
JAKARTA (TheInsiderStories) - After negotiated in four and half years, the European Commission has reached an agreement with the United Kingdom (UK) on the terms 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...
Morning Briefing: Various Things to Know on Tuesday
JAKARTA (TheInsiderStories) - Today, the statistics bureau has an agenda to announces export and import data for last month. In November, Indonesia' trade balance is predicted...
IHSMarkit: PMI Indonesia Rises to 50.6 in November
JAKARTA (TheInsiderStories) - IHSMarkit reported the Purchasing Managers' Index (PMI) of Indonesia stood at 50.6 in November, up nearly three points compared to the previous month...
US, Indonesia Signs Infrastructure and Trade Funding US$750M
JAKARTA (TheInsiderStories) - The governments of Indonesia and the United States (US) have inked a memorandum of understanding on infrastructure and trade funding worth of US$750...
IHS Markit: RCEP Boost Asia – Pacific Trade Outlook
JAKARTA (TheInsiderStories) - Asia-Pacific exports suffered a severe slump in the first half of 2020 due to the shockwaves from the global COVID-19 pandemic and widespread...
After 10 Years of Negotiating, RCEP Signed by ASEAN and Partners
JAKARTA (TheInsiderStories) - It was a momentous day as Leaders of Association Southeast Asian Nations (ASEAN), Australia, China, Japan, Republic of Korea and New Zealand witnessed...
President Widodo Pushes ASEAN to Open Travel Bubble in 1Q 2021
JAKARTA (TheInsiderStories) - President Joko Widodo pushed Association Southeast Asian Nation (ASEAN) member countries to open travel bubble in the first quarter of 2021 to rejuvenate...
Southeast Asia’ Digital Economy Soars to US$100B in 2020
JAKARTA (TheInsiderStories) - Southeast Asia' digital economy soaring to US$100 billion in this year, expanded 5 percent from 2019, said the Google - Temasek - Bain...
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 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...
Japan Gives Soft Loan US$474M to Indonesia
JAKARTA (TheInsiderStories) - Japanese Prime Minister, Yoshihide Suga, said will provides a low-interest loans worth of JPY50 billion (US$474.15 million) to support Indonesia to strengthen the disaster...
The Recent Resilience in World Trade has been Encouraging
JAKARTA (TheInsiderStories) - The sharp rebound in global trade volume has been one of the bright spots in an unusually cloudy outlook, said IHS Markit...
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...
Morning Briefing: Various Things to Know on Thursday
JAKARTA (TheInsiderStories) - Good Morning! Today, the Statistics bureau has agenda to announces the progress of Indonesia' exports and imports throughout September. In the previous month,...
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...
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...