Business News
Indonesia Advocates for South–South Collaboration on Palm Oil Sustainability Standards
In July 2025, Indonesia’s Deputy Foreign Minister Arif Havas Oegroseno declared a strategic shift away from passively accepting externally imposed rules toward actively shaping global standards. Speaking at a bioenergy seminar in Jakarta, he announced Indonesia’s intent to lead the formulation of its own benchmarks for sustainable trade—especially for palm…
Trade Ministry Facilitates Essential Oil Transactions Worth IDR 2 Billion with Russia
The Indonesian Ministry of Trade (Kemendag), through its Trade Attaché in Moscow (Atdag RI), has successfully facilitated a potential essential oils export deal to Russia valued at approximately USD 123,400—or around Rp 2.01 billion. This opportunity emerged following outreach efforts to participants of the Global Ingredients Show in Moscow (15–19…
S'RASA, a New Initiative by the Inter-Ministerial Synergy, Presents a Culinary Diplomacy of Indonesia Through Spices and Flavours
On 28 August 2025, the Indonesian Spice Flavour Program (Program Rasa Rempah Indonesia/S'RASA) was officially inaugurated at Skydeck Sarinah, Thamrin, Jakarta. To mark the commencement of the S'RASA program collaboration, a cooperation agreement was signed at the launch by six ministries, including the Ministry of Trade, the Ministry of State-Owned…
Indonesian Horticultural Exports Experience Significant Growth, Reaching IDR 55 Trillion
In Q1 of 2025, the Directorate General of Horticulture of the Ministry of Agriculture reported a 49% increase in horticultural exports compared to the same period in 2024. This figure indicates that the government's strategy of reducing imports while boosting exports is beginning to yield positive results. Minister of Trade…
