Business News
Makassar Port to Become a New Import-Export Hub, Aiming to Reduce Logistics Costs in Eastern Indonesia
The Indonesian government is developing Makassar Port as a new import-export centre to reduce logistics costs to and from eastern Indonesia. Secretary General of the Ministry of Transportation (Kemenhub), Antoni Arif Priadi, has stated that shipments from the eastern region currently require passage through Jakarta or Surabaya prior to international…
The Indonesia-Singapore Bilateral Meeting Addressed the Strengthening of Trade Relations and Regional Economic Stability
On 25 May 2025, the Indonesian Trade Minister, Budi Santoso, and the Singaporean Deputy Prime Minister and Minister of Trade and Industry, Gan Kim Yong, met in Kuala Lumpur, Malaysia, following the 25th ASEAN Economic Community Council-AECC Meeting. The purpose of the strategic forum is to strengthen trade relations between…
President Prabowo Signs Tourism Cooperation Deal Between Indonesia and China
From 24-26 May 2025, during Chinese Premier Li Qiang's working visit to Indonesia, the governments of Indonesia and China officially signed a tourism memorandum of understanding (MoU). This visit is intended to strengthen the strategic partnership between the two countries, including cooperation in the fields of economy, health, and tourism.…
Farmers in Nunukan, North Kalimantan Rejoice Again, Export 60 Tons of Seaweed to South Korea
After two years of hardship due to plunging seaweed prices, farmers in Nunukan, North Kalimantan, are seeing hope again. On May 26, 2025, PT Kebula Raya Bestari exported 60 tons of Eucheuma Cottonii seaweed to South Korea—marking a major step toward reviving the region’s marine economy. Valued at over IDR…
