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trade-balance

Jokowi’s ‘hatred' of foreign products raises eyebrows
Business 4 years ago

PREMIUM
Jokowi’s ‘hatred' of foreign products raises eyebrows

President Joko "Jokowi" Widodo encouraged Indonesian consumers to "love local goods" and "hate foreign products" at a coordination meeting laying out the national strategy for economic recovery.
Indonesia eyes 6 percent growth in non-oil and gas exports after turbulent year
Business 5 years ago

PREMIUM
Indonesia eyes 6 percent growth in non-oil and gas exports after turbulent year

Trade Minister Muhamad Lutfi said the growth target was based on the projected path of Indonesia’s economic recovery this year.
Brexit becomes reality as UK quits EU single market
World 5 years ago

Brexit becomes reality as UK quits EU single market

Brexit, which has dominated politics on both sides of the Channel since 2016, became a reality as Big Ben struck 11:00 pm (2300 GMT) in London, just as most of mainland Europe ushered in 2021.
Indonesia books first current account surplus since 2011
Business 5 years ago

PREMIUM
Indonesia books first current account surplus since 2011

Indonesia booked a US$1 billion current account surplus in the third quarter, the country’s first surplus since 2011, as imports fell faster than exports due to weak domestic demand amid the coronavirus pandemic, Bank Indonesia (BI) announced Friday.
Indonesia posts largest trade surplus since 2010 as demand slumps
Business 5 years ago

PREMIUM
Indonesia posts largest trade surplus since 2010 as demand slumps

The country recorded a US$3.61 billion trade surplus last month, the highest since December 2010.
Slow global economic recovery haunts Indonesian exports
Business 5 years ago

PREMIUM
Slow global economic recovery haunts Indonesian exports

Indonesia recorded month-on-month (mom) export growth in June and July after contractions in April and May, during which Indonesia implemented strict movement restrictions.
Indonesia logs biggest trade surplus in nine years, higher exports for three consecutive months
Business 5 years ago

Indonesia logs biggest trade surplus in nine years, higher exports for three consecutive months

The rise in exports and fall in imports led to a $3.26 billion trade surplus, the highest since August 2011, according to BPS.
Trade data point to severe economic contraction in Q2: Economists
Business 5 years ago

Trade data point to severe economic contraction in Q2: Economists

Indonesian imports plummeted to US$8.44 billion in May, down 42.2 percent from the same period last year, Statistics Indonesia announced on Monday.
Indonesia's exports, imports nosedive in May as COVID-19 restrictions hit trade
Business 5 years ago

Indonesia's exports, imports nosedive in May as COVID-19 restrictions hit trade

Imports fell even faster by 42.2 percent to $8.44 billion, the lowest since 2009, due to weak domestic demand for consumer goods, raw materials and capital goods.
US faces unemployment crisis amid record trade drop
Business 5 years ago

US faces unemployment crisis amid record trade drop

The Labor Department said 1.87 million workers filed new jobless claims last week, 249,000 fewer than the week prior.
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