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export-import

Economy 2 years ago

PREMIUM
RI furniture, craft exports plummet 28 percent in 2023: Association

The total value of exports fell to US$1.8 billion in 2023 from $2.5 billion in 2022, according to an estimate from the Indonesian Furniture and Handicraft Industry Association (HIMKI).

Academia 2 years ago

Indonesia's economic outlook and risks in 2024

The World Bank projects robust growth for Indonesia next year, dipping slightly to 4.9 percent in 2024-2026 in a trend toward normalization following post-COVID recovery.

Editorial 2 years ago

The trap of protectionism

Manufacturers have long complained that local content requirements put them at a disadvantage vis-à-vis foreign competitors in the global market.

Editorial 2 years ago

GDP more resilient than thought

In Indonesia, periods preceding general elections tend to see increased domestic spending by both organizations and consumers, with a noticeable impact on economic growth.

Academia 2 years ago

PREMIUM
Why concluding Indonesia-EU CEPA talks is imperative

Given the high complementarities between Indonesia and the EU, the completion of IEU-CEPA would further strengthen the economic relations between both economies, creating numerous benefits for them.

Markets 3 years ago

No slowdown yet: US import deluge tests supply chain

Last week, the Port of New York and New Jersey reported that its June 2022 volumes were the second-highest in history, capping a torrid semester that has overtaken the first half of the record-setting 2021 year by 11.4 percent.

Economy 4 years ago

PREMIUM
Ukraine war may bring windfall to Indonesia's trade balance

The Ukraine and Russia crisis is expected to have a positive impact on Indonesia's trade, with most of the country’s exports benefiting from surging commodity prices.

Business 4 years ago

PREMIUM
Trade surplus hits $2.59b in July as commodity prices rise

It was the second-highest surplus recorded so far this year, after the $2.70 billion surplus booked in May.

Business 5 years ago

Singapore's recession worse than first thought as virus slams Asia's exporters

Gross domestic product (GDP) fell a record 13.2 percent year-on-year in the second quarter, revised government data showed on Tuesday, versus the 12.6 percent drop seen in advance estimates.

Business 5 years ago

South Korea enters recession as exports plunge by most since 1963

The South Korean economy plunged into recession in the second quarter in its worst decline in more than two decades as the coronavirus pandemic battered exports and social distancing curbs paralyzed factory output.

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