Business News

Strengthening Economic Cooperation Between Indonesia and Canada: Coordinating Minister for Economic Affairs Receives Visit from Canadian Ambassador

On 19 August 2025, Coordinating Minister for Economic Affairs Airlangga Hartarto received a visit from Canadian Ambassador to Indonesia and Timor Leste Jess Dutton in Jakarta. The meeting covered a range of economic cooperation issues, including the progress of negotiations for the Indonesia-Canada Comprehensive Economic Partnership Agreement (ICA-CEPA), potential trade…

Indonesia Energy Signs Memorandum of Understanding with Brazilian Energy Company to Explore Energy Opportunities in Brazil

Indonesia Energy Corporation (IEC) has signed a non-binding Memorandum of Understanding (MOU) with Brazil’s Aguila Energia e Participações Ltda. (AEP) on August 18, 2025, marking its first expansion move beyond Indonesia. The agreement establishes a collaborative framework to jointly identify, assess, and pursue oil and gas and other energy-related opportunities…

Trade Ministry Pushes Indonesia to Become a Key Player in the Global Gaming Industry

Indonesia’s Trade Minister Budi Santoso is steering the country's gaming sector into the international spotlight by leveraging Gamescom 2025—the world’s largest gaming expo in Cologne, Germany—to promote Indonesian talent and export potential. The national pavilion, occupying a 60-square-meter space, features showcases from ten standout studios—including Agate, Digital Happiness, and Busy…

BPS Records June 2025 Exports Reaching USD 23.44 Billion, Palm Oil Becomes Primary Driver

In June 2025, Indonesia’s export performance hit a notable milestone, reaching USD 23.44 billion, representing an 11.29% year-on-year growth compared to the same month in 2024. The surge was largely propelled by the vegetable fats and oils sector, specifically palm oil (CPO), which grew approximately 22.05% YoY and emerged as…
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