Business News
Indonesia and ASEAN Aim to Complete Substantive ASEAN DEFA This Year
Indonesia, together with ASEAN member states, is targeting the substantive completion of the ASEAN Digital Economy Framework Agreement (DEFA) in 2025. The initiative, discussed at the 48th High Level Task Force on ASEAN Economic Integration (HLTF-EI) in Malaysia, seeks to harmonize digital economy regulations across the region to accelerate growth.…
MSME Business Matching Transactions Reach IDR 1.46 Trillion by July 2025
Over the course of seven months, the Ministry of Trade's business matching program for exporting micro, small, and medium enterprises (MSMEs) products has successfully recorded total transactions worth USD 90.04 million, or approximately IDR 1.46 trillion. This figure consists of purchase orders (POs) of USD 55.09 million and potential transactions…
Customs Encourages Aceh to Become a Transshipment Center and Gateway for Western Indonesia's Exports and Imports
The Customs and Excise Regional Office (Kanwil) is promoting Aceh Province as a transhipment hub and gateway for exports and imports in western Indonesia. This was conveyed by the Head of Customs and Excise, Arsal Efendi, in a Focus Group Discussion (FGD) on the Preparation of the Academic Draft for…
RI and Kazakhstan Agree on Potential Energy Cooperation
The Indonesian Ambassador to Astana, M. Fadjroel Rachman, and the Minister of Energy of Kazakhstan, Yerlan Akkenzhenov, agreed that the significant potential for cooperation between the two countries in the energy sector needs to be realized immediately for the benefit of the people of both countries. "The draft MoU, or…
