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United Global buys 95% stake in related Indonesia business for S$18.2m

United Global, which is also a lubricant maker, will pay for its stake with S$8.2 million in cash and new shares representing 11.8 per cent of existing issued share capital, or 10.6 per cent of the enlarged share capital. Source : http://www.businesstimes.com.sg/companies-markets/united-global-buys-95-stake-in-related-indonesia-business-for-s182m

Italy, ASEAN Hold First Trade Dialogue

Italy and the Association of Southeast Asian Nations (ASEAN) held the first high level dialogue on economic relations in Jakarta on May 15 to 16. Organized by the European House – Ambrosetti and the Associazione Italia-ASEAN (Italy-ASEAN Association), the event was chaired by the former Italian Prime Minister Enrico Letta. Source: https://en.tempo.co/read/news/2017/05/16/074875618/Italy-ASEAN-Hold-First-Trade-Dialogue

Russia wants to barter Sukhoi for Indonesian rubber

The Russian government has expressed interest to exchanging its Sukhoi jet fighters for natural rubber from Indonesia, Trade Ministry foreign trade director general Oke Nurwan said. Source : http://www.thejakartapost.com/news/2017/05/16/russia-wants-to-barter-sukhoi-for-indonesian-rubber.html

Indonesia revises March trade data, widening the surplus

Indonesia’s statistics bureau on Monday revised up its figures for March’s exports and trade surplus, but revised down its imports calculation for the month.The March trade surplus was amended to $1.39 billion, as opposed to the $1.23 billion the bureau reported a month ago. Source : http://mobile.reuters.com/article/idUSKCN18B0FM

FOOD PRO 2017

Pada tanggal 7 – 9 Sebtember 2017 Indonesia Trade Promotion Center berpartisipasi dalam acara 12th FOODPRO 2017 yang diselenggarakan di Chennai Trade Center, India. Mengusung tema stand “Indonesia Pavilion”, Indonesia Trade promotion Center ikut meramaikan even itu dengan membuka 5 booth. Lima perusahaan yang berpartisipasi diantaranya TPS FOOD, Inbisco India, PT. Gunung Subur Sejahtera, PT […]

CCB Indonesia eyes higher capital status

Publicly listed lender China Construction Bank Indonesia (CCB Indonesia) will conduct rights issues periodically in 2017 and 2018 to raise additional capital as an effort to achieve a higher capital status. Source: http://www.thejakartapost.com/news/2017/05/31/ccb-indonesia-eyes-higher-capital-status.html

Indonesia and Australia aim for trade pact by year end

Indonesia and Australia hope to complete negotiations for a free trade agreement by the end of this year, following a successful seventh round of talks this month, which resulted in agreement on more “early. Souce: http://www.bangkokpost.com/news/asean/1262699/indonesia-and-australia-aim-for-trade-pact-by-year-end

Indonesia’s May refined tin exports up 30 pct y/y-trade ministry

Indonesia exported 6,989.43 tonnes of refined tin in the month of May, Trade Ministry data showed on Tuesday, 30 percent higher than the same month last year. Shipments of refined tin in May were 10 percent higher than in April. Indonesia exported 5,377.89 tonnes of refined tin in May 2016. Source:http://timesofindia.indiatimes.com/business/international-business/indonesias-may-refined-tin-exports-up-30-pct-y/y-trade-ministry/articleshow/59014669.cms

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