Business News
Indonesia and EU Successfully Conclude 14th Round of I-EU CEPA Negotiations
The 14th round of negotiations for the Indonesia-European Union Comprehensive Economic Partnership Agreement (I-EU CEPA) was held in Brussels, Belgium from May 12-18, 2023. Both parties made significant progress in the talks, with 18 key issues discussed including trade of goods, services, investment, government procurement, and intellectual property rights. The…
Minister Bahlil Urges Muslim Countries to Invest in Downstream Industries in Indonesia
The Indonesian government is urging Muslim countries to invest in Indonesia's downstream industries. Over the past five years, investments from Muslim countries have only accounted for 5.5% of the total Foreign Direct Investment (FDI) into Indonesia. The call was made by Bahlil Lahadalia, the Minister of Investment and Head of…
Government Reiterates Commitment to Sustainable Development of National Strategic Projects
The National Strategic Projects (PSN) in Indonesia have been continuously developed by the government to accelerate infrastructure development and support economic equalization. Recently, the Ministry of Economic Affairs held a commemorative event to mark the eight-year journey and success of PSN in providing sustainable benefits and real impacts for national…
Minister of Cooperatives and SMEs Highlights Sea Potential as Indonesia's Economic Advantage
Indonesia's Minister of Cooperatives and Small and Medium Enterprises, Teten Masduki, emphasized the enormous potential of the marine sector in the country. He highlighted the need for optimal utilization and management of this sector to become a domestic economic advantage. Teten Masduki cited examples of countries like Norway, which has…
