Indonesian manufacturing, agricultural exports rise


Exports from the manufacturing sector grew to US$17.6bil in February from US$13.62bil a year prior. — The Jakarta Post

JAKARTA: Exports from Indonesia’s manufacturing and agriculture sectors have seen strong growth, thanks to a considerable boost from crude palm oil (CPO) and machinery, but the mining industry has suffered a sharp annual decline.

Statistics Indonesia (BPS) head Amalia Adininggar Widyasanti revealed in a press briefing on Monday that exports from the manufacturing sector grew to US$17.6bil in February from US$13.62bil a year prior.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

TS Wong ceases to be substantial shareholder of Cuscapi
Enproserve secures RM12mil facility management contract from Perbadanan Putrajaya
ETA Group appoints Kau Sin Yual as chairman
PETRONAS LNG portfolio positions Malaysia to capture Asia’s growing gas demand
Tan Chong, Saike explore EV battery pack localisation in Malaysia
Ringgit ends mostly higher against major currencies, but weakens vs US dollar
MBSB Bank provides RM29.6mil financing to Bisajuta for Sabah infrastructure projects
Reservoir Link secures PPA for 200MWac solar facility in Sarawak
MASkargo, IAG Cargo and Qatar Airways Cargo complete first customer shipment trial
Citi appoints Yik Ping Chong as Malaysia commercial banking head

Others Also Read