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Indonesia's foreign direct investment surged 44.2% on a yearly basis in 2022, with the base metals sector drawing in the biggest inflows. Indonesia's received 654.4 trillion rupiah worth of FDI last year, or equivalent to $45.6 billion in the investment ministry's official calculation, which assumes an exchange rate of 14,350 to the dollar.
The year was defined by the invasion of Ukraine in late February, which greatly affected the country's economy and sparked surges in prices of multiple commodities. The invasion also contributed to the cooking oil crisis that swept through the country from April to May and prompted the government to raise the prices of fuel, causing protests from the public.
The Ministry of Trade (Indonesian: Kementerian Perdagangan) is a ministry of the Government of Indonesia that directs the formulation of policies related to the development of trade in Indonesia. [ 1 ]
In 1950, industrial portfolio was under Ministry of Trade and Industry (Indonesian: Kementerian Perdagangan dan Perindustrian). After 1952, industrial portfolio was part of portfolios under Ministry of Economic Affairs (Indonesian: Kementerian Perekonomian).
A common market is seen as a stage of economic integration towards an economic union [8] or possibly towards the goal of a unified market.. A single market is a type of trade bloc in which most trade barriers have been removed (for goods) with some common policies on product regulation, and freedom of movement of the factors of production (capital and labour) and of enterprise and services.
Bucha massacre, War crimes in the 2022 Russian invasion of Ukraine Human Rights Watch , an independent human rights group, says that it has documented allegations of war crimes perpetrated by Russian forces in Ukraine against civilians, including rape , summary execution , and looting of civilian properties.
' Indonesia Trading Company '), or PPI, is the only Indonesian state-owned trading house. Its business is in export , import and distribution . PPI was formed through the merger of three former so-called "Niaga" companies, state-owned trading companies PT Tjipta Niaga, PT Dharma Niaga and PT Pantja Niaga, on 31 March 2003.
The 2022 Indonesian student protests, also known as the 11 April demonstrations (Indonesian: Demo 11 April), were a series of protests led mostly by students throughout Indonesia. [2] They were triggered by rumours regarding a delay of the 2024 election and proposals of amending the Constitution to allow President Joko Widodo to have a third ...