Business News
Central Sulawesi Provincial Government Accelerates the Realization of Domestic Investment (PMDN) to Support Economic Growth
The Provincial Government of Central Sulawesi (Pemprov Sulteng) continues to strive for the acceleration of Domestic Investment (PMDN) realization in 2024 to support regional economic growth. Secretary of the Regional Government (Sekda) of Central Sulawesi, Novalina, emphasized during a working visit to Banggai Kepulauan District on Wednesday that investment is…
Indonesia and Canada to Lower Trade Tariffs Starting 2026
Indonesia and Canada are set to reduce most tariffs on bilateral trade in goods starting in 2026, aiming to narrow Indonesia's trade deficit with Canada. The two nations signed a ministerial-level joint statement on Monday (2/12/2024), marking the substantive completion of the Comprehensive Economic Partnership Agreement (CEPA), after three years…
Indonesia Exports 14 Containers of Crackers and Chili Sauce to the U.S. and Netherlands
The Minister of Trade, Budi Santoso, officially dispatched 14 containers of fish crackers and traditional chili sauce ("sambal uleg") exports to the United States and the Netherlands on Tuesday (3/12/2024). The export ceremony was held at PT Sekar Laut Tbk's factory in Sidoarjo. The export to the Netherlands is valued…
Indonesia Exports Electric Bicycles Worth USD 500,000 to the U.S. and Europe
Indonesia has marked a significant milestone in downstreaming by exporting domestically produced electric bicycles to the U.S. and Europe. On 3 December 2024, Trade Minister Budi Santoso officiated the export of Polygon Kalosi electric bicycles, manufactured by PT Insera Sena, from Sidoarjo, East Java. The shipment, valued at USD 500,000…
