Business News
Blue Economy to Drive Indonesia's Future Economic Growth
The National Development Planning Agency (Bappenas) has highlighted that the Blue Economy can become a new engine for Indonesia's economic growth. Minister of National Development Planning and Head of Bappenas, Suharso Monoarfa, stated that implementing the Blue Economy can stimulate various industries, particularly in the maritime sector. Indonesia has substantial…
Trade with New Zealand Expected to Reach USD 2.45 Billion by 2024
Minister of Trade Zulkifli Hasan is optimistic that the trade target between Indonesia and New Zealand will reach USD 2.45 billion by 2024. This statement was made during a bilateral meeting with New Zealand’s Minister for Building and Construction, Minister for Land Information, Minister for Veterans, Associate Minister for Defence,…
IA-CEPA Boosts Indonesia-Australia Trade by 90%
Coordinating Minister for Economic Affairs Airlangga Hartarto announced that the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), established in 2020, has increased trade between Indonesia and Australia by 90%. Under IA-CEPA, Australia eliminated 6,474 tariff lines (100% of total tariff lines), reducing import duties on all Indonesian products to 0%. In…
GBFA as a Catalyst for Accelerating Economic Transformation
The Global Blended Finance Alliance (GBFA) is expected to lay the foundation for transformative change and future knowledge, accelerating value creation and investment in key economic sectors. This was stated by Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Panjaitan, at the G20 Bali GBFA Dialogue on Natural Capital,…
