Business News

Indonesia Aims to Become a Global Hub for Furniture Innovation

Indonesia’s furniture, handicraft, and interior design sectors are registering solid growth, making significant contributions to job creation and export earnings. In 2025, furniture exports made up about 12.2% of all handicraft exports, placing furniture second among handicraft sub-sectors—ahead of musical instruments, toys, and paper products. With abundant natural resources (wood,…

ASEAN and Korea to Upgrade Free Trade Agreement

The ASEAN–Korea Free Trade Agreement (AKFTA) is set to be upgraded, with its scope now being finalised ahead of the ASEAN Leaders’ Meeting in October. Malaysia’s Minister of Investment, Trade and Industry, Tengku Zafrul Abdul Aziz, said the agreement will address key areas including trade, investment, supply chains, and semiconductors.…

TEI 2025 Set to Showcase Indonesia’s Export Strength

The Indonesian Ministry of Trade has highlighted growing optimism from national businesses as preparations for Trade Expo Indonesia (TEI) 2025 continue. As of 21 September 2025, a total of 977 participants have registered, consisting of large enterprises and export-oriented MSMEs. The exhibition zones are dominated by fashion, lifestyle, and home…

Indonesian Snack & Confectionery Deals Reach USD 2 Million in Dubai

Indonesia has recorded potential export deals worth approximately USD 2.13 million (around IDR 35.3 billion) for its snack and confectionery products at the ISM Middle East 2025 fair held 15–17 September at the Dubai World Trade Centre. The Indonesian pavilion, organised together by ITPC Dubai and the Indonesian Consulate with…
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