The signals of Indonesia's economic recovery are increasingly visible and the government is optimistic that economic conditions would continue to experience significant improvements, according to the Presidential Staff Office (KSP).
Indonesia’s export value hit 18.35 billion USD in March, the highest level since the 18.64 billion USD posted in August 2011, according to the Statistics Indonesia (BPS).
Indonesia recorded a trade surplus of 1.27 billion USD in June, with the export value of 12.03 billion USD and the import value of 10.76 billion USD, according to the Central Agency of Statistics.
Indonesia’ palm oil exports and its derivatives dropped to 4.93 million tonnes in the first two months of 2020 from 6.6 million tonnes in the same period last year due to the COVID-19 pandemic’s impact, the Indonesian Palm Oil Producers Association (GAPKI) said on April 21.
The Indonesian Ministry of Energy and Mineral Resources has decided to stop gas shipments to Singapore in the next three years to cater for domestic demand.
Indonesia’s export turnover reached 15.58 billion USD in March 2018, up 10.24 percent from the figure of 14.13 billion USD in February, according to the country’s Central Statistics Agency (BPS).
The private business sector in Vietnam is vital for the economy, however, obstacles and challenges remain, which can only be overcome through the combined efforts of policymakers and business leaders.
The long term cooperation and the highly mutual trust between Vietnam and Russia allow the two nations’ oil and gas companies to strengthen cooperative ties.
Indonesia's foreign exchange (forex) reserves rose to 110.5 billion
USD by the end of July from 107.7 billion USD one month ago, according
to the central bank of Indonesia (BI).
Indonesia recorded a trade surplus of 785.3 million USD in February
from a deficit of 450 million USD in the previous month, reported the
country’s Central Bureau of Statistics (BPS).
Indonesia is likely to see a record trade
deficit of 5 billion USD this year, more than double the figure of 1.65
billion USD last year, if bleak export outlook continues.
The revenue from Vietnam’s exports reached 6 billion USD in January, up
over 18 percent from the same period last year thanks to higher priced
commodities, said the General Statistics Office on January 27.
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