Indonesia’s imports up in March

Indonesian imports rose 17.65 percent to 13.36 billion USD in March from 8.89 billion USD in February this year, the Central Bureau of Statistic (BPS) said.
Indonesia’s imports up in March ảnh 1Illustrative image (Source: Internet)
Jakarta (VNA) - Indonesian imports rose 17.65 percent to 13.36billion USD in March from 8.89 billion USD in February this year, the CentralBureau of Statistic (BPS) said.

BPShead Suhariyanto attributed the increase to 24.94 percent rise in the importsof commodities other than oil and gas to 11.10 billion USD from 8.86 billion USDin February, Antara News reported.

Importsof oil and gas dropped 211.2 million USD or 8.54 percent.

"Year-on-year,the imports in March also rose 18.19 percent from 11.3 billion,"Suhariyanto was quoted by Antara News as saying.

Meanwhile,imports of oil and gas were valued at 2.26 billion USD in March, or down 8.54percent from 2.47 billion USD in February. Year-on-year, the March imports ofoil and gas rose 45.70 percent from 1.55 billion USD.

Cumulativelyin the first three months of 2017 imports were valued at 36.68 billion USD oran increase of 14.83 percent from 31.94 billion USD in the same period in 2016.

Thelargest imports came from China reaching 7.75 billion USD, followed by Japanfrom which imports were valued at 3.42 billion USD and Thailand from whichimports were valued at 2.15 billion USD.

Meanwhilethe country’s exports in March rose 15.68 percent to 14.59 billion USD from 12.61billion USD.

Theinternational trade in March, therefore, favoured the country with a surplus of 1.23billion USD.

Cumulatively in the first three months of theyear, exports were valued at 40.61 billion USD or up 20.84 percent from thesame period in 2016./.

source

See more

The RoK's Finance Minister Choi Sang-mok speaks at a trilateral meeting with his Japanese and Chinese counterparts in Georgia. (Photo: Yonhap)

ASEAN+3 to create new financing facility against regional crises

The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.

Thailand to apply VAT on imports sent via post

Thailand to apply VAT on imports sent via post

The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
Malaysia asserts pioneering role in halal industry

Malaysia asserts pioneering role in halal industry

Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
ASEAN Future Forum 2024 enters first session

ASEAN Future Forum 2024 enters first session

The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
ASEAN bolsters intellectual property cooperation

ASEAN bolsters intellectual property cooperation

The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.