15 Jul 2022 12:09
The Ministry of Industry continues to encourage the porang processing industry to produce various derivative products with high added value. This downstream effort needs to be supported by the use of modern technology and the use of research activities in order to create competitive product innovations.
Boosting import substitution, porang becomes raw material for valuable paper and cigarettes 08 Jun 2022 10:27
Foreign exchange (forex) reserves of Indonesia in May 2022 reportedly reached USD 135.6 billion, slightly slipping from USD 135.7 billion reported in April 2022.
FX reserves continued to slow down in May 2022 19 May 2022 05:37
The record of trade balance surplus in April of USD 7.56 billion is predicted to create another surplus in the current account balance of 0.4% of GDP (Gross Domestic Product) by the end of 2022.
April trade surplus to drive another gain in current account balance 12 May 2022 05:43
PT Kimia Farma Tbk will direct its attention to reduce the dependency on imported raw materials for medicine by 13.86% in 2022 by optimising the utilisation of production plants and commercialisation of its self-manufactured raw materials.
Kimia Farma focuses to lower dependency on imported materials by 13.86% 16 Mar 2022 13:57
Indonesia Statistics reported that import value in February 2022 had reached USD 16.64 billion. It slid off 8.64% from USD 18.21 billion in January 2022.
Import grew 25.43% in February 2022 27 Jan 2022 14:53
The miscellaneous industry is one sector that has great potential in import substitution efforts in the non-oil and gas processing industry.
Import substitution of sports equipment exceeds target of 22% 07 Jan 2022 13:37
Indonesia’s foreign exchange reserves declined in December 2021 to USD 144.9 billion from USD 145.9 billion in November 2021.
Foreign exchanges reserves slid off in December 2021 21 Dec 2021 11:44
The Ministry of Finance predicted the Indonesian economic growth rate in Q4 2021 to reach over 5% following the positive momentum of economic recovery.
Economic growth rate could arrive above 5% in Q4 2021 15 Dec 2021 15:00
Indonesia’s import in November 2021 reached USD 19.33 billion, which was 18.62% higher monthly (MoM) and 52.62% yearly (year-on-year/yoy).
Import in November jumped 52.62% yoy, reaching USD 19.33 billion 16 Nov 2021 13:51
Indonesia Statistics (lit. Badan Pusat Statistik/BPS) recorded a 51.06% increase in import in October 2021 compared to October 2020. Oil and gas commodities reported a 75.94% shift, while non-oil and gas imports went up by 48.29%.
Import activities soared 51.06% in October 2021