Tag Archives: export

Trade Minister Enggartiasto Lukita has estimated that export growth in 2018 would reach only 7.5 percent, far below the targeted 11 percent, although the official result has not been released. Last year’s 11 percent target was already lower than the 16 percent export growth achieved in 2017. Enggartiasto has attributed the lower export growth to global economic turbulence that led […]

The government has asked major exporters to park their export revenue in Indonesia and convert it into rupiah to help bolster the currency’s exchange rate. President Joko “Jokowi” Widodo made the call during his meeting with 40 top Indonesian exporters on Thursday at Bogor Palace in West Java. Also present at the meeting were Indonesia’s richest man, Robert Budi […]