Export of cassava and food alternatives like sorghum have increased significantly by almost 300 percent.
PT Gunung Raja Paksi exported steel plate, structural beam, and welded beam to Dunedin Hospital in New Zealand.
Will the ban increase the CPO prices?
PT Danareksa (Persero) Chief Economist Rima Prama Artha said the economic impact of the Russia-Ukraine war on Indonesia was relatively small because the two countries were not major trading partners.
Business associations will be involved in the formation of the special entity for coal, he said. The Chamber of Commerce and Industry (Kadin) has been assigned to gather all its members
although there is an increase in global wheat and crude oil prices which have the potential to raise inflation, the increase in coal, palm oil, and nickel prices will provide higher income for Indonesia
In the last two decades, the contribution of Indonesia's exports to the world has been stagnant at 0.9 percent. Meanwhile, only 18 percent of industrial business players are involved in export activities.
The comparative advantage of Indonesian products and positive acceptance from public in Malaysia of Indonesia products are among the factors that contribute to the relatively healthy bilateral trade relations.
Since the VOC era 400 years ago, we sent raw materials, until now we still send raw. We have to stop! Stop! Stop! We can't get anything," President said.
The government has lifted a month-long ban on coal exports.
