Business News
IEU-CEPA Set to Boost Indonesian Exports to EU by Over 50%
Indonesia’s Coordinating Ministry for Economic Affairs projects that the Indonesia–European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) will increase exports to the EU by more than 50%. The agreement eliminates tariffs on 98% of Indonesian products, including apparel, bananas, palm oil, coffee, cocoa, rubber, fishery products, timber, textiles, electronics, and processed…
Indonesia Records 66-Month Trade Surplus Amid Strong Exports
Indonesia continued its robust trade performance in October 2025, posting a surplus of USD 2.39 billion, marking 66 consecutive months of trade surpluses since May 2020. Total exports reached USD 24.24 billion, slightly down 1.79% month-on-month due to lower oil and gas exports (-10.14%) and non-oil exports (-1.44%). Key non-oil…
Indonesia Faces High Automotive Component Imports, Strengthens Local Industry Partnerships
Indonesia continues to experience significant automotive component imports, totaling USD 8.26 billion from January to September 2025, with a surge of over 20% compared to the previous year. Minister of Industry Agus Gumiwang Kartasasmita emphasized that leveraging domestic opportunities, particularly through Small and Medium Industries (SMIs), can reduce reliance on…
Indonesia Secures USD 35.5 Billion Investment Commitment for Green Economy
Indonesia is advancing its green economy and digital transformation as key growth engines, with the government preparing large-scale clean energy infrastructure. Coordinating Minister for Economic Affairs Airlangga Hartarto highlighted plans for a 70,000 km green supergrid as part of ASEAN electricity and gas network projects, as well as Indonesia’s substantial…
