Business News

Indonesia Maintains Trade Surplus as Palm Oil Exports Surge 35%

Indonesia recorded a 35.23% year-on-year growth in palm oil exports, reaching USD 16.66 billion between January and August 2025, according to the Central Statistics Agency (BPS). Both higher global demand and stronger commodity prices boosted the performance of the country’s top agricultural export. The average palm oil export price stood…

Indonesia Eyes Exporting Durian and Chicken to China

The Indonesian government is actively pursuing new export opportunities to China, focusing on key agricultural commodities. According to Deputy Agriculture Minister Sudaryono, Indonesia produces large volumes of durian, but so far, almost none are shipped directly to China; most exports currently route through third countries. He also highlighted that Indonesia…

EU-Indonesia Trade Deal Opens Fresh Produce Exports

The newly ratified EU-Indonesia Comprehensive Economic Partnership Agreement (CEPA) significantly expands market access for European agricultural and food products into Indonesia. Under the deal, Indonesia will remove import duties on most EU agriculture goods — including dairy, meat, fruits, vegetables, and processed foods — while still maintaining protections for sensitive…

President Prabowo Emphasizes Government’s Commitment to Strengthen the People’s Economy through Strategic Programs

In his address at the closing of the PKS 2025 National Congress, President Prabowo Subianto reiterated that the government is firmly dedicated to reinforcing Indonesia’s grassroots economy via several strategic initiatives. He announced the establishment of Koperasi Desa Merah Putih (Red and White Village Cooperatives) in some 80,000 villages and…
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