Business News

IEU–CEPA Strengthens Indonesia–Europe Economic Cooperation

The Indonesia–European Union Comprehensive Economic Partnership Agreement (IEU–CEPA) marks a significant milestone in enhancing trade and investment relations between Indonesia and the EU. Speaking at the 9th KAS–CSIS Germany–Indonesia Strategic Dialogue in Jakarta, EU Minister-Counselor for Parliamentary Affairs Antoine Rippoll emphasized that CEPA symbolizes both regions’ shared commitment to a…

Trade Ministry Urges Businesses to Report Imported Goods Receiving Subsidies

The Ministry of Trade (Kemendag) has encouraged Indonesian business players to report any imported products suspected of receiving foreign subsidies. Director General of Domestic Trade, Iqbal Shofwan Shoffan, emphasized that the government has established several trade protection instruments to safeguard local industries. Speaking at the IKEA Made in Indonesia: From…

Response of Parliament and Government Regarding the Judicial Review of Agricultural Commodity Import Provisions

The Indonesian House of Representatives (DPR) presented its explanation during the Constitutional Court hearing on the judicial review of the Job Creation Law (Law No. 6/2023), emphasizing that the business licensing system for managing coastal and small island areas remains in line with previous Constitutional Court rulings. DPR member Nasir…

Celios Sees Rising Capital Goods Imports as Positive Signal for Industrial Expansion

The Center of Economic and Law Studies (Celios) views the increase in Indonesia’s imports from January to September 2025—driven mainly by higher capital goods purchases—as a positive indicator of ongoing industrial expansion. Celios Executive Director Bhima Yudhistira stated that this surge suggests industries are gearing up to enhance production capacity,…
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