Business News

Indonesia Expects 19.34% Rise in Domestic Tourists for Christmas and New Year 2026

Indonesia’s Ministry of Tourism forecasts a strong surge in travel activity during the 2025/2026 Christmas and New Year holiday period, projecting more than 1.36 million foreign tourist arrivals and over 120 million domestic tourist trips in December 2025. Tourism Minister Widiyanti Putri Wardhana noted that the projections reflect a 10.72%…

Indonesia Confident the EU Will Approve the IEU-CEPA Trade Pact

Indonesia has expressed strong optimism regarding the approval of the Indonesia–EU Comprehensive Economic Partnership Agreement (IEU-CEPA), following the completion of its legal text translation into 24 languages for deliberation in the European Parliament. Coordinating Minister for Economic Affairs Airlangga Hartarto stated that political groups across the spectrum—from the far left…

Indonesia’s Economy Expands 35% Over Seven Years Amid Global Uncertainty

Indonesia has recorded a cumulative 35% economic expansion over the past seven years, reflecting strong resilience despite persistent global volatility. Coordinating Minister for Economic Affairs Airlangga Hartarto highlighted that steady annual growth of around 5% has been maintained through multiple global shocks, supported by stable macroeconomic indicators, rising consumer confidence,…

Major Fishery Processing Plant, IPRO Suarmawati, Seeks Foreign Investment to Boost Regional Exports

A significant opportunity has opened for international investors interested in Indonesia's thriving marine and fisheries sector. The Suarmawati Fishery Processing Industry (IPRO Suarmawati), a key regional asset in value addition, is now officially prepared for offering to foreign investors.This move underscores the regional government’s commitment to accelerating the downstreaming of…
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