Business News

Bilateral Meeting at APEC 2025: Indonesia and Korea Discuss the Future of Economic and Cultural Partnership

In a bilateral meeting during the APEC 2025 summit in Gyeongju, Prabowo Subianto (President of Indonesia) and Lee Jae‑Myung (President of South Korea) reaffirmed their countries’ commitment to strengthening strategic cooperation in economic, cultural and diplomatic spheres. President Prabowo applauded Korea’s leadership in hosting APEC, describing the event as highly…

Indonesia Launches “Locavore Society” to Strengthen Food Sovereignty

Responding to the growing concern over rising food imports, a new movement called the Indonesia Locavore Society (ILS) was officially launched in Bandung on November 1, 2025. The initiative aims to encourage Indonesians to prioritize local food consumption and reduce reliance on imported commodities. According to Syarif Bastaman, founder and…

Bondowoso Coffee Export Strengthens East Java’s Global Market Reach

The East Java Governor, Khofifah Indar Parawansa, led a working visit to Bondowoso Regency to launch the export of Arabica Java Ijen Raung specialty coffee from Rejoagung Village, Sumberwringin District, on November 1, 2025. The event marked a significant milestone in strengthening Bondowoso’s position as a key player in Indonesia’s…

Indonesia Targets One Million Hectares for Ethanol Feedstock

The Indonesian government has announced plans to allocate one million hectares of agricultural land to cultivate raw materials for ethanol production. This initiative supports the newly approved policy mandating a 10% ethanol blend (E10) in all gasoline sold nationwide. So far, the Ministry of Agrarian Affairs and Spatial Planning (ATR)…
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