• Newsletter
  • Contact
  • Press Releases
Thursday, May 15, 2025
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Login
  • Register
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
No Result
View All Result
Home GovAct

Recording surplus in 2023, Trade Minister Zulhas estimated a positive growth in 2024

Haris Sunandar by Haris Sunandar
January 9, 2024
in GovAct, Industry
0
Trade Minister Zulkifli Hasan during Press Conference on 2023 Trade Performance Achievements and 2024 Trade Outlook’ at the Ministry of Trade Office

Trade Minister Zulkifli Hasan during Press Conference on 2023 Trade Performance Achievements and 2024 Trade Outlook’ at the Ministry of Trade Office

Share on FacebookShare on Twitter

Heaptalk, Jakarta — Minister of Trade Zulkifli ‘Zulhas’ Hasan invited all stakeholders and publics to see the trade sector optimistically welcoming 2024.

According to Zulhas, in the middle of the global uncertainty, Indonesia has achieved several significant achievements under the trade sector in 2023. Said several achievements being the success of the government maintaining inflation, achieving a trade surplus throughout the year, to policies that are progressively supportive of micro, small, and medium enterprises (MSMEs) as well as domestic industries.

That matter was conveyed on Thursday (04/01) in the ‘Press Conference on 2023 Trade Performance Achievements and 2024 Trade Outlook’ at the Ministry of Trade Office, Jakarta. In that press conference, there was also Vice Trade Minister Jerry Sambuaga and echelon I officials of the Ministry of Trade.

“We are entering optimistically 2024 but also stay alert of the challenges later in the future. The prediction of global economic growth by several international organizations shows a slowdown. However, the trade performance in 2023 gave an optimism to achieve a higher economic growth for 5,20% in 2024. The key factor of the 2024 trade performance is a collaboration and synergy from all stakeholders notably, the government, business owners, academics, community, and pers,” said Trade Minister Zulkifli Hasan.

He also added, the inflation is predicted to be under control in the range of 1,5-3,5% according to the 2024 target. The government will try to support the growth of non-oil and gas exports according to the target range 2,5-4,5% despite the relatively stable nature of global commodity prices.

“The economic and trade uncertainties in 2023 are caused by the geopolitical tension, climate change, and food and energy crisis. Amidst the changes, we are thankful for the data by Central Bureau of Statistics (BPS) showing there was an inflation in December 2023 for 0,41%. This means the government has succeeded in managing the stock of essential goods for Christmas and New Year,” said the Trade Minister Zulhas.

According to the Trade Ministry’s data, the trade balance surplus for the period of January–November 2023 also needed to be seen as an achievement despite the global uncertainties. “Moreover, we can still record a positive trade surplus of USD33,63 billion for January–November 2023 period as stated by BPS,” said Zulkifli ‘Zulhas’ Hasan.

Zulkifli Hasan also declared the Ministry of Trade also played a role in planning and implementing the policy that protects MSMEs and consumer rights. It was realized through the publication of Minister of Trade Regulation Number 31 of 2023 concerning Regulation of business licenses, Advertising, Guidance, and Supervision for trading through electronic systems. Moreover, the Ministry of Trade also conducts the disposal of second-hand clothing (thrifting).

 

Editorial team: Wulan Dari, Prazna Alyfia Ghefira

Related Posts

Minister of PKP Maruarar Sirait. (Credit: PKP Ministry docs.)

Government to convert Cipinang prison land into public housing

May 14, 2025
The Palace at Bridestory Market 2025. (Credit: The Palace docs.)

The Palace Jeweler Launches Areumi Collections, Embracing Korean-Inspired Style for Modern Jewelry

May 14, 2025
Dody Hanggodo announced that House Commission V has approved an additional budget allocation for the Public Works Ministry in 2025. Credit: Ministry of Public Works

House Commission V approves additional budget for Public Works Ministry, raising 2025 allocation to $4.4bn

May 14, 2025
Eddy Soeparno said that the plan to shift fuel imports should be balanced by accelerating the transition to cleaner, more sustainable energy sources. Credit: MPR

MPR suggests a price survey before shifting fuel imports from Singapore to US

May 14, 2025
Ministry of Trade initiated local product Thursdays movement. Credit: Ministry of Trade

Trade Minister initiates the local product Thursdays movement

May 13, 2025
Ducati Panigale V2 has been launch in Indonesia. Credit: Ducati Indonesia

Ducati Panigale V2 debuts at Mandalika Circuit

May 13, 2025
  • Microsoft

    New tech layoff chapter, Microsoft lays off thousands of its cloud unit ‘Azure’

    1 shares
    Share 0 Tweet 0
  • Nokia rolls out 6600 5G Ultra

    0 shares
    Share 0 Tweet 0
  • Performing a second layoff round, Morgan Stanley to reduce 3,000 workforces in Q2 2023

    1 shares
    Share 0 Tweet 0
  • TikTok Shop to reach a US$15 billion in its GMV transactions

    1 shares
    Share 0 Tweet 0
  • International Women’s Day – Opportunity for Businesses to Support Women in the Workplace

    0 shares
    Share 0 Tweet 0
DCCI Malaysi 2025 World AI Technology Expo UAE 2025the 10th world battery & energy industry expo 2025
Heaptalk business news logo

We Build an Ecosystem by Sharing Business News, Headlines and Expert Talks in Professional Perspective and Positive Point of View. Latest business news media headlines platform today.

Recent Posts

  • Government to convert Cipinang prison land into public housing
  • The Palace Jeweler Launches Areumi Collections, Embracing Korean-Inspired Style for Modern Jewelry
  • House Commission V approves additional budget for Public Works Ministry, raising 2025 allocation to $4.4bn
  • MPR suggests a price survey before shifting fuel imports from Singapore to US
  • AWS partners with Humain to build AI Zone in Saudi Arabia

Follow Us

Facebook
Twitter
LinkedIn Youtube Instagram RSS

Newsletter

  • About Us
  • Editorial
  • Newsletter
  • Contact
  • Privacy Policy
  • Cyber Media Guidelines
  • Disclaimer
  • SOP Perlindungan Wartawan

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Technology
  • Industry
  • GovAct
  • Events
  • Whats on
  • Expert Talk
  • Insight
  • Sustainability
  • Newsletter
  • Press Releases
  • Login
  • Sign Up

© 2024 Heaptalk.com