Business News

UK, Indonesia reach USD 5.24 billion maritime deal

Britain and Indonesia have struck a GBP 4 billion (about USD 5.24 billion) maritime agreement led by UK defence firm Babcock to build naval and fishing vessels. Under the Maritime Partnership Programme, more than a thousand vessels, including naval ships and fishing boats, will be manufactured in Indonesia, using British…

Indonesia Strengthens Strategic Partnership with South Africa through New High-Level Business Council

The Indonesian government reaffirmed its commitment to deepen economic and investment cooperation with South Africa by launching the Indonesia–South Africa High-Level Business Council (ISA–HLBC) in Johannesburg on November 21, 2025, as part of the Indonesia–Africa CEO Forum. Presided over by Coordinating Minister for Economic Affairs Airlangga Hartarto alongside Vice President…

Deputy Trade Minister Urges Bali Cocoa Exporters to Leverage Government Cooperation

Indonesia’s Deputy Trade Minister, Dyah Roro Esti Widya Putri, has encouraged cocoa exporters in Bali, particularly in Tabanan, to take advantage of government-led trade agreements to expand their reach abroad. Speaking at the Cau Chocolates factory during her visit, she highlighted opportunities through existing and upcoming trade pacts, including Indonesia-Peru…

Gibran Announces Visa-Free Agreement Between Indonesia and South Africa

Vice President Gibran Rakabuming Raka announced a bilateral visa-free policy between Indonesia and South Africa during the Indonesia–Africa CEO Forum held in Johannesburg on 21 November 2025. He stated that citizens of both countries will no longer need visas to travel between them, calling this “good news” for businesspeople and…
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