Business News
Indonesian Textile and Fashion Industry Prepares for European Union Digital Product Passport Implementation
The Indonesian textile and fashion sector is actively strengthening its export readiness by adapting to the upcoming Digital Product Passport (DPP) requirements enforced across European and UK markets. Spearheaded by the Ministry of Trade (Kemendag) in partnership with the Indonesian Embassy in London, the initiative aims to enhance supply chain…
US Imposes New Import Tariffs Impacting Indonesian Exports Under Section 301 Trade Act
The United States government, under President Donald Trump, officially instituted a new import tariff structure of 10% and 12.5% targeting 60 global trading partners, including Indonesia and the European Union, effective July 24, 2026. Enforced under Section 301 of the 1974 Trade Act, the policy imposes a baseline 10% tariff…
Indonesian Regional Trade Accelerates as Bali Export Value Reaches IDR 6.9 Trillion Amid Tight Market Access in China and Europe
The regional trade and manufacturing sector in Bali has demonstrated a highly resilient performance in mid-2026, anchored by a significant surge in outbound shipments that pushed total export values to IDR 6.9 trillion. According to regional trade data, Bali's key export drivers—spanning handicraft goods, processed fishery products, and agricultural commodities—have…
Indonesian Palm Oil Sector Accelerates Position via Market Diversification and Proactive Trade Diplomacy
The Indonesian palm oil industry is actively fortifying its global market resilience by pursuing strategic export diversification alongside more proactive international trade diplomacy. According to analysis from the Palm Oil Agribusiness Strategic Policy Institute (PASPI), expanding outbound shipments beyond traditional buyers toward emerging markets—such as African, Middle Eastern, and South…
