Business News
Indonesia Targets Export Market Expansion to Canada to Tunisia
The government through the Ministry of Trade (Kemendag) will encourage the expansion of the export market for domestic products. This step was taken amidst the reciprocal tariff policy implemented by the United States to a number of its trading partner countries, including Indonesia. The US policy has the potential to…
Textile Industry Explores Potential as Alternative Export Market to Japan and Germany
The Indonesian Textile Association (API) has commenced exploring potential new export markets in response to the United States' (US) plan to impose a 32% reciprocal tariff on products from Indonesia. Potential markets with growing demand for textile products include Japan, Germany, the United Arab Emirates and Middle Eastern countries. Indonesia…
Strengthening a Decade of Cooperation, Indonesia and Denmark to Expand Energy Cooperation
On 21 April 2025, the Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, and the Danish Foreign Minister, Lars Løkke Rasmussen, signed the Third Protocol to Amend the Memorandum of Understanding Concerning Renewable and Clean Energy and Energy Conservation. This partnership marks a decade of continuous collaboration since 2015…
Bank BRI Empowers Batik Entrepreneurs to Enter the Global Market
Batik Tulis Soedjono, a micro, small and medium enterprise (UMKM) that received support from Bank BRI Sugio Unit in Lamongan, commenced operations in 2019. Batik Tulis Soedjono was established with a focus on custom-written batik, meticulously crafted to meet the unique requirements of each customer. This concept ensures exclusivity, with…
