Business News
Small Businesses Encouraged to Expand Global Reach through Export of Local Products
Many Indonesians still assume that exporting requires large-scale operations and complex systems. However, in the digital era, exports can start small — even with a single local product sent abroad to introduce the taste and culture of Indonesia to the world. Amir Hamzah, Founder and CEO of Master Bagasi, emphasized…
Singapore Accelerates Power Export Partnership with Indonesia
Singapore’s Minister for Energy and Technology, Tan See Leng, announced that the government will expedite the electricity export collaboration with Indonesia, following the MoU signed in June 2025. Under this plan, Indonesia will supply power generated from renewable energy plants—including solar and hydropower facilities currently under development—to meet part of…
Indonesia Urges ASEAN to Use RCEP for Resilient Indo-Pacific Trade
In a key address at the ASEAN‑Indo‑Pacific Forum 2025 in Kuala Lumpur, Prabowo Subianto, via Coordinating Minister for Economic Affairs Airlangga Hartarto, called on the Association of Southeast Asian Nations (ASEAN) to leverage the Regional Comprehensive Economic Partnership (RCEP) as a strategic platform for resilient, rules-based trade in the Indo-Pacific…
Strategic Collaboration between LPEI and ICBC Indonesia Enhances the National Export Ecosystem
In October 2025, Lembaga Pembiayaan Ekspor Indonesia (LPEI) signed a bilateral loan agreement of USD 250 million with Bank ICBC Indonesia, comprised of a USD 100 million revolving credit facility and a USD 150 million three-year term loan. This partnership is part of a decade-long relationship (dating back to 2015)…
