Business News
Indonesia's Coal Production and Export Soars Under Jokowi's Leadership
During President Joko Widodo’s administration, Indonesia's coal exports reached between 500 million and 600 million tons by 2023. Minister of Energy and Mineral Resources, Bahlil Lahadalia, revealed that national coal production saw a significant increase, rising from 416 million tons in 2015 to 755 million tons in 2023. Speaking at…
Optimistic Outlook for Indonesia-China Trade and Investment Growth Following Participation in CAEXPO 2024
Indonesia is set to participate in the 21st annual China–ASEAN Expo (CAEXPO), held at the Nanning International Convention and Exhibition Center (NICEC) in Nanning, China. The physical exhibition will run from 24–28 September 2024, while the online platform will be available from 24 September to 31 December 2024. Director-General of…
ASEAN Trade in Goods Agreement (ATIGA) Negotiations Show Significant Progress
The Ministry of Trade (Kemendag) announced that negotiations to enhance the ASEAN Trade in Goods Agreement (ATIGA) have made significant progress during the 38th ASEAN Free Trade Agreement (AFTA) Council Meeting held in Vientiane, Laos. The meeting, which took place on Monday (16/9), saw the ATIGA Trade Negotiating Committee (TNC)…
Indonesia Intensifies Talks with Peru to Expand Market Access to Latin America
Indonesia and Peru commenced the third round of negotiations for the Indonesia–Peru Comprehensive Economic Partnership Agreement (IP–CEPA) on Tuesday, 17 September, in Jakarta. The discussions, scheduled to last until Friday, 20 September, aim to reach a substantial agreement to be announced during the APEC Economic Leaders Week in Peru in…
