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Coal, a combustible sedimentary rock that is primarily composed of carbon (along with varying amounts of other elements like hydrogen, sulfur and oxygen), is a fossil fuel formed from the remains of ancient plants that were compressed (and heated) over millions of years, typically in swampy or wetland environments.
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Coffee, one of the world’s most popular beverages, has remained in the spotlights of international media as global prices (of both the higher quality arabica bean and the lower quality robusta bean) continue to hover near record-high territory in recent months. And as a consequence consumers (especially in coffee importing countries) now have to pay a significantly higher price for their cup of coffee.
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Indonesia ranks among the world’s biggest natural rubber producing countries. For many years now, Indonesia –Southeast Asia’s largest economy– is positioned second in terms of biggest natural rubber producers. At the same time, and obviously highly related to its position as a top producer, Indonesia also ranks as the world’s second-biggest exporter of natural rubber.
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Based on the latest data from Indonesia’s Statistical Agency (BPS), Indonesia’s trade balance showed a surplus of USD $4.42 billion in November 2024. It was the second-biggest trade surplus so far in 2024 (after March), with one more month to go.
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The views expressed in these business columns are the views of the authors or the interviewed persons only and therefore do not necessarily reflect the views of Indonesia Investments. The authors are free to ventilate their opinions about the Indonesian business climate. Facts presented in these columns are the result of the author's own research or indicated sources, read disclaimer.