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export
One by one, raw materials are no longer sold by Indonesia, unless it is in the form of processed or industrial products. Value added is obtained.
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No More Raw Materials
One by one, raw materials are no longer sold by Indonesia, unless it is in the form of processed or industrial products. Value added is obtained.
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Indonesia鈥檚 Export Growth Shrinks
Annual growth of Indonesia's exports continues to shrink. The decline in export growth is partly due to the fall in commodity prices and the slowdown in global demand.
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Curbing Export Slowdown
Even though Indonesia's exports continue to grow and the trade balance has had a surplus for the last 30 months in a row, the impact of the world economic slowdown must be anticipated more seriously.
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Anticipating Decline in Indonesia's Export Performance
The cost of living crisis indicates weakening global purchasing power and has the potential to reduce Indonesian exports. However, there is still a chance to halt the decline in exports.
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Sustainable and Competitive Exports
Now is the time for us to reorganize our industrialization and trade strategy. We need to shift from a broad base industry strategy and focus on a specific industry that has a sustainable and comparative advantage.
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Quick Fund Disbursement Getting More Crucial
Indonesia\'s economy is projected to experience negative growth in the second quarter 2020. The bureaucratic procedure, distribution and data collection should be immediately improved to help boost government pending.
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The Long Road to Economic Recovery
We must be careful. If there is no second wave of the pandemic -- hopefully true -- our economy will touch its lowest point in the second quarter.
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Hopes of Lobster Farmers Shattered
Lobster farming has begun to grow significantly. However, the enthusiasm of lobster farmers was shattered after the government issued a policy allowing the export of lobster seeds.
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Key Programs to Reduce Trade Deficit to Begin in 2020
The government will implement six programs to reduce the country鈥檚 growing trade deficit. With such measures, the target stipulated in the 2020-2024 National Medium-Term Development Plan (RPJMN) can be achieved.
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Fixing the Trade Deficit Problem
The combination of a slump in exports and a surge in imports has once again caused a deficit in Indonesia鈥檚 trade balance. The global trend of protectionism and a surge in the import consumer goods are in the spotlight.
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