Mar 1 2015

Ministry of Agriculture: Agricultural Exports in January, US $ 2.28 Billion

Jakarta - The Ministry of Agriculture noted the export of agricultural commodities during January 2015 reached 3.032 million tons with a value of US $ 2.28 billion. Directorate General of Processing and Marketing of Agricultural Ministry Yusni Emilia Harahap said, ... Read More

Feb 28 2015

Trade Minister targets to export one million units of motorcycle

Bekasi-Trade Minister Rachmat Gobel has target to increase motorcycle exports untill one million units within five years, currently in the range of 100,000 units. "In five years, I want to target approximately one million, two million units that can be ... Read More

Mar 26 2014

Bilateral Swap with Korea Strengthens Rupiah

FRIDAY, 07 MARCH, 2014 | 10:42 WIB TEMPO.CO, Jakarta - The rupiah is expected to gain power against the US dollar after Bank Indonesia (BI) signed a Bilateral Currency Swap Arrangement with South Korea. "The swap will reduce pressure on ... Read More

Mar 26 2014

Indonesia, S. Korea Formulate Joint Import Duty

TEMPO.CO, Jakarta - Indonesia and South Korea continue to finalize the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) negotiations, targeted for completion in May. One thing that has finished being discussed is the amount of import duty.:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /> ... Read More

Mar 26 2014

Indonesia Seeking South Korean Investment as Economic Partnership Talks Continue

Jakarta. The Indonesian government has high hopes that ongoing discussions on a comprehensive economic partnership agreement with South Korea will encourage investment through special arrangements, according to government officials. Industry Minister MS Hidayat held a meeting in his office on ... Read More

Mar 26 2014

Bank Indonesia and Bank of Korea Bilateral Currency Swap Arrangement

Jakarta. Bank Indonesia and Bank of Korea agreed on a $10 billion bilateral currency swap arrangement on Thursday, in a move meant to help protect the country from global economic shocks. “This agreement is a commitment from both central banks ... Read More

Mar 26 2014

Korea-Indonesia cooperation moves beyond resources

Amid all the clatter over ‘resource nationalism,’ Seoul quietly notches up ties with Southeast Asia’s largest economy The term "resource nationalism" was splashed across headlines around the world to describe Indonesia in recent weeks, the stories including dire predictions that ... Read More

Mar 26 2014

Indonesia and South Korea in critical phase over trade pact

Indonesia and South Korea are entering the most critical phase of their trade negotiations this week when the two countries may either make or break an agreement that will help strengthen bilateral trade amounting to US$100 billion by 2020. As ... Read More