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Indonesia sees 5.78% growth in 2013: BPS

The Central Statistics Agency (BPS) recorded that cumulatively, Indonesia’s economy grew by 5.78 percent in 2013, marked by improved economic performance in various sectors. “Improvements occurred in all economic sectors, with the highest growth recorded in the transportation and communication ... Read More

Korea, Indonesia hold summit: trade pact by end-2013

President Park Geun-hye and Indonesian President Susilo Bambang Yudhoyono held a summit on October 12 in Jakarta and adopted a joint leaders' declaration which contains measures to expand bilateral cooperation. In the statement, the two leaders agreed to conclude ongoing ... Read More

Korea’s tea imports spike in 2013

South Korea's tea imports spiked last year as demand increased for healthy and diet foods, customs data showed Sunday. According to the data by Korea Customs Service (KCS), South Korea imported 8,234 tons of tea last year, up 97 percent ... Read More

Exports to be Boosted Through Buyer Mission Program

Jakarta (ANTARA News) - Indonesia plans to proactively woo buyers from various countries by inviting them to the country, in an endeavor to increase its exports, stated a Trade Ministry official. "We will invite select foreign buyers to visit specific ... Read More

Outlook for Korean Economy in 2014

During a meeting with economic policymakers on Tuesday, Korea's Finance Minister Hyun Oh-seok reiterated the government's three-year economic innovation plan. Under the plan, the country's growth potential is expected to grow to around four percent and the annual per-capita income is ... Read More

Export and Import Prices Both Drop in December

Korea's export prices dropped to their lowest levels in more than five years last month due to the appreciation of the Korean won. The Bank of Korea said Tuesday that the country's export prices dropped two.one percent in December from the ... Read More

Trade Report: October 2013

Bali, 3 December 2013 – The trade balance is once again a surpluss. The trade balance in October 2013 experienced a surplus of USD 42.4 million, which consists of non-oil/gas trade surplus of USD 792.2 million, while the oil/gas trade ... Read More

Trade Minister Chaired The 2013 G-33 Meeting

------- G-33 Urges WTO Members to Agree on G-33 Proposal ------- Bali, 2 December 2013 – As many as 46 Ministers or their representatives including those that are also members of the G-33, today (2/12), held a meeting at Melia ... Read More



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