Jakarta (ANTARA News) – Indonesia`s domestic economic activities are still performing well in the midst of slow world economic growth, according to Bank Indonesia. “The economy is estimated to grow 6.5 percent in the first quarter of 2012 and will continue growing in the second quarter although it would be slower,” the central bank spokesman, [...]
People walk past fashion advertisements at a shopping mall in Jakarta on Nov. 1, 2011. Indonesia posted steady growth of 6.5 percent in the third quarter on buoyant domestic spending and private investment. (Reuters Photo/Beawiharta) Aditya Suharmoko, Jakarta Globe Indonesia posted steady growth of 6.5 percent in the third quarter on buoyant domestic spending and [...]
Coal produced by Berau Coal being loaded onto a ship in East Kalimantan last year. Moody’s says the future is bright for Indonesia’s coal mining industry, with demand rising in China and India. (Reuters Photo/Yusuf Ahmad) Francezka Nangoy, Jakarta Globe Indonesia’s coal mining industry looks set to grow despite an uncertain global economic outlook, according to [...]
Shirley Christie Trade Expo Indonesia, the country’s largest trade exhibition for emerging countries in Asia, the Middle East and Africa, may generate $380 million in transactions, an official said on Monday. Transactions will be up by 2.9 percent from 2010, Hesti Indah Kresnarini, director general of the National Export Agency (BPEN), said at a press [...]
Crude Palm Oil Jimmy Hitipeuw JAKARTA, KOMPAS.com – Indonesia likely posted a wider trade surplus in August than in July on resilient demand for its commodities globally, economists said. The median forecast of ten economists polled by Dow Jones Newswires was for a $1.87 billion surplus in August, slightly higher than July’s $1.36 billion. “Export [...]
Jimmy Hitipeuw JAKARTA, KOMPAS.com – The value of Indonesia’s artistic work exports during January-June 2011 was recorded at 5.49 million US dollars, or up 25.6 percent from 4.37 million US dollars in the same period last year. “The increase was thanks to many factors, among other things promotion. But the main factor was the fact [...]
Jakarta (ANTARA News)- A South Sea Pearl auction organized during the Sumbawa Pearl Festival in Mataram, West Nusa Tenggara (NTB) recently resulted in sales trnsactions worth a total of US$ 96,000. The price of Lombok pearl rose from US$5 last year to US$16.3 per gram this year, according to Bambang Setiawan, deputy chairman of the [...]
Cocoa. (ANTARA/Yusran Uccang) by Otniel Tamindael Jakarta (ANTARA News) – The Indonesian International Cocoa Conference (IICC) in Bali from July 7-8, 2011 is expected to have a positive impact on the domestic cocoa industry. This belief is based on the fact that Indonesia is now producing cocoa beans in such a large quantity that it [...]
Jakarta (ANTARA News) – The Trade Ministry is currently developing a blueprint of Indonesian batik promotion, according to a minister. Trade Minister Mari Elka Pangestu said here Monday that her ministry was preparing the blueprint with the cooperation of a number of stakeholders such as batik experts and businessmen. The batik promotion blueprint is expected [...]
Denpasar, Bali (ANTARA News) – Bali province`s furniture exports in the first four months of 2011 reached US$13.41 million, a spokesman said. The figure accounted for 8.16 percent of Bali`s overall exports in the four months through April reaching US$168.13 million, down 7.15 percent from the same period a year earlier, Head of the Public [...]
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