Business News
Prabowo Welcomes Vietnam's Investment in the Automotive and Agriculture Sector
On 10 March 2025, the President of Indonesia, Prabowo Subianto, and the General Secretary of the Communist Party of Vietnam, To Lam, signed three bilateral agreements between Indonesia and Vietnam, including the Letter of Intent (LoI) on Capacity Building Cooperation in Engineering and Digital Economy, the LoI on Cooperation in…
CBU Motorcycle Exports Reach 43,899 Units in February 2025
The Indonesian Motorcycle Industry Association (AISI) reported an increase in motorcycle exports for February 2025. According to its official website on March 10, 2025, AISI now categorizes exports into three schemes: CBU (Completely Built-Up), CKD (Completely Knocked Down), and Part by Part. CBU motorcycle exports rose by 7.3%, from 40,878…
Ministry of Trade Issues Import Permit for 226,101 Tons of Garlic
The Ministry of Trade has issued import permits (PI) for a total of 226,101 tons of garlic for 2025. This was revealed by Moga Simatupang, Director General of Consumer Protection and Trade Order at the Ministry of Trade, during an inflation coordination meeting held by the Ministry of Home Affairs…
P2P Lending Industry Equity Grows 46% to IDR 5.07 Trillion by December 2024
The equity of the fintech P2P lending industry saw double-digit growth as of December 2024. According to data from the Financial Services Authority (OJK), the industry’s equity reached IDR 5.07 trillion, marking a 46% year-on-year (YoY) increase from IDR 3.46 trillion in December 2023. On a month-to-month (MtM) basis, equity…
