Business News

Indonesia Strengthens National Carbon Market Integrity Through Global Collaboration

Indonesia is intensifying its efforts to elevate its carbon market’s international competitiveness by forging strategic partnerships and aligning with global standards. Key initiatives include a Mutual Recognition Agreement (MRA) between the Indonesian Greenhouse Gas Emissions Reduction Certification (SPEI) and Verra’s Verified Carbon Standard (VCS), an agreement to adopt methodologies with…

Indonesia Begins Building 92 MW (MegaWatt) Floating Solar Farm

Indonesia’s state electricity company, PLN, has initiated construction on a 92-megawatt-peak floating solar power facility at the Saguling reservoir in West Java, targeting commercial operation by November 2026. The plant is expected to generate more than 130 GWh (GigaWatt-hour) annually, which would help Indonesia avoid roughly 104,000 tons of CO₂…

Gorontalo Exports Jump 21%, Trade Surplus Reaches USD 57 Million

In August 2025, the province of Gorontalo recorded a noteworthy surge in its export performance, with export value reaching USD 10.01 million—an increase of 21.08% over the previous month and 25.20% compared to August 2024. This upward trend reflects a broader push by local authorities toward promoting downstream processing (hilirisasi)…

Indonesian Mosquito Repellent Attracts Strong Buyers’ Interest in Italy to Mexico

Indonesia’s exports of mosquito coil products are projected to reach USD 8.225 million in 2025, with Mexico being one of the primary destination markets. This expansion signals a growing acceptance of Indonesian mosquito-repellent goods in global markets such as Italy, showing that these products are not only competitive but also…
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