Home Tags Trade

Tag: trade

China Increases CPO Import from Indonesia

JAKARTA (TheInsiderStories)--China has agreed to increase import of crude palm oil (CPO) from Indonesia by at least 500,000 tons. Last year, Indonesia’s CPO export...

Indonesia Posts 5.06% Growth in Q1 2018

JAKARTA (TheInsiderStories) - The Indonesian economy expanded by 5.06 per cent year-on year in the first quarter of 2018, following a 5.01 per cent growth...

Finance Minister Forecasts Indonesia’s Economy to Grow 5.2% in Q1

JAKARTA (TheInsiderStories) - Indonesia's economy is predicted to grow 5.2 per cent in the first quarter of this year from the same period last year,...

Indonesia Eximbank Signs $100M Deal with African Eximbank

JAKARTA (TheInsiderStories) - The African Export-Import Bank (Afreximbank) and the Indonesia Eximbank have signed a deal worth $100 million to support businesses and trade activities...

Indonesia, Africa Sign US$586M Business Deals

JAKARTA (TheInsiderStories) - Dozens of companies from Indonesia and Africa have signed a number of business deals worth US$586.56 million in total during Indonesia-Africa...

Indonesia to Fight Back Against EU Over Palm Oil Ban

JAKARTA (TheInsiderStories)—Indonesia’s governments threatened to fight back against EU in palm oil ban by cutting imports from the region. The European Parliament voted earlier this...

Regional Economic Partnership Closer to FTA Finalization

JAKARTA (TheInsiderStories) - Ministers from 16 East Asian countries negotiating the Regional Comprehensive Economic Partnership (RCEP) have made progress at a meeting in Singapore on Saturday...

U.S Slaps Higher Anti-Dumping Duties on Indonesia Biodiesel

JAKARTA (TheInsiderStories) - The United States Department of Commerce confirmed on Wednesday evening its preliminary finding that Argentina and Indonesia engaged in dumping of...

President Moves to Lift Indonesia’s Export Values

JAKARTA (TheInsiderStories) – Indonesia’s lingering suppressed value of trade has sparked concerns. During the opening of a Trade Ministry meeting Wednesday (31/1), President Joko Widodo expressed his...

Indonesia Eximbank to Raise US$210M from Issuing Bonds

JAKARTA (TheInsiderStories) - The Indonesian Export Financing Agency, known as Indonesia Eximbank, will issue a US$210 million sustainable bond to fund domestic companies’ exports in 2018.  Referring to...

Government to Issue 17th Economic Policy Package

JAKARTA (TheInsiderStories) - The government plans to issue a 17th Economic Policy Package, which will specifically set rulings for imports and exports. Special Staff Coordinating...

Policy Review: Import Duty on E-commerce Goods Raises Questions

JAKARTA (TheInsiderStories) - Indonesian government officials have revealed that all e-commerce transactions that are concluded in Indonesia will become subject to import tariffs in...

Indonesia Posts Trade Surplus $11.8b in 2017

JAKARTA (TheInsiderStories) – Indonesia recorded accumulative exports of US$168.73 billion in 2017 and imports of US$156.89 billion, resulting in trade surplus of $11.84 billion,...

Expediting 13 Bilateral Trade Deals to Broaden Market

JAKARTA (TheInsiderStories) - Indonesia is hoping to seal at least 13 Bilateral and Regional Trade Agreements, followed by a comprehensive economic partnership agreement...

Indonesia to Set Zero Import Tariff for Palestinian Exports

JAKARTA (TheInsiderStories) - Indonesia and Palestine have signed a Memorandum of Understanding (MoU) on goods trade, through which both countries agree to free import duties...

WTO Outlook: Global Trade Growth To Moderate in Q4

JAKARTA (TheInsiderStories) - The WTO’s latest World Trade Outlook Indicator (WTOI) suggests that global merchandise trade growth will likely moderate in the fourth quarter...

China’s Trade Surplus Narrows as Trump Heads for Beijing

JAKARTA (TheInsiderStories) - China's trade surplus with the United States (US) fell to US$26.62 billion in October, down from US$28.08 billion in September, the...

Reactivate CEPA with Chile, Indonesia Eyeing Latin America Market

JAKARTA (TheInsiderStories) - The Indonesia Government reactivated the Indonesia-Chile Comprehensive Economic Partnership Agreement (IC-CEPA), as an effort to open up international trade opportunities amid...

Indonesia Trade Balance Turn to Deficit US$270m in July

JAKARTA (TheInsiderStories) - Indonesia’s trade balance turn to the deficit of US$270 million for the first time since December 2015 record surplus in July 2017,...

Softer exports and sustained import growth weigh on Japan’s current-account surplus...

By Harumi Taguchi, Principal Economist, IHS Markit Key Points: Ÿ Japan’s current-account surplus for June rose 8.7% month on month (m/m) to JPY1.5 trillion (USD13.8 billion)...

Indonesian Trade Surplus US$1.63 Billion, But Export Falls

JAKARTA (TheInsiderStories) – Indonesia’s trade surplus reached US$1.63 billion in June 2017,the Central Bureau of Statistics (BPS) reported. In June 2016, Indonesia's trade surplus was...

Indonesian trade balance surplus US$470 million in May

JAKARTA (TheInsiderStories) - Indonesia's trade balance surplus US$470 million in May dropped significantly compared to April worth of $1.33 billion, the Central Bureau of Statistics...

Indonesia trade surplus widens slightly in April to US$1.25 billion

JAKARTA (TheInsiderStories.com) - Indonesia recorded exports of US$13.17 billion in April 2017, declined 10.30 percent from previous month, but rose 12.63 percent from the...