Business News
Focus on Export, Domestic Quota for Bonded Zones Reduced to 25% by End of November 2025
The Directorate General of Customs and Excise has confirmed that the production quota for domestic market sales in bonded zones will be cut from 50% to 25%, as part of efforts to realign these zones with their original purpose: boosting exports rather than supplying the local market. According to the Director…
Two Customs Offices Synergize with Stakeholders to Boost Regional Export Potential
Customs offices in Pangkalpinang and Aceh are strengthening collaboration with local governments and stakeholders to accelerate regional export growth. These efforts aim to expand global market access for local products and MSMEs through coordinated programs that support regional economic development.In Pangkalpinang, Customs held a strategic dialogue with the Governor of…
TBS and CPO Prices Observed to Strengthen, Global Demand Supports
Although global crude palm oil (CPO) prices saw a daily dip, positive signals remain—especially from domestic fresh fruit bunch (TBS) prices, which have shown increases. The strength in TBS suggests growing optimism among local producers, even as international CPO pricing remains under pressure. Meanwhile, support from rising global demand for…
Coordinating Ministry for Economic Affairs: IEU-CEPA could enable Indonesia’s economy to grow eight percen
The Indonesia–European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) is expected to become a key driver for Indonesia’s economic growth, potentially reaching 8% by 2029. According to Kementerian Koordinator Bidang Perekonomian (Kemenko Perekonomian), the agreement will open wider access to the European market, reduce tariffs for the majority of Indonesian exports…
