Business News

Indonesian Embassy in Ankara Appreciates Turkish Company’s Consistent Imports of Indonesian Products

The Indonesian Ambassador to Turkey, Achmad Rizal Purnama, praised the Turkish firm Ergun Kimya Kozmetik for its steadfast role in advancing bilateral trade by importing Indonesian-made materials. The company, founded in 1992, has imported Indonesian soap-noodle raw materials since 2015 and is projected to import around US USD 10 million…

Indonesian Coffee Ready to Seize Korean Market, ITPC Busan Signs MoU With Goyang City

Indonesia is making a deliberate move to enhance its presence in the South Korean coffee market following a memorandum of understanding (MoU) signed between the Indonesia Trade Promotion Center (ITPC) Busan and the government of Goyang City, South Korea. The agreement, signed on November 6, 2025, by ITPC Busan’s head,…

Indonesia Opens Carbon Market to Drive Green, Inclusive, and Resilient Growth

Indonesia has implemented a new presidential regulation on Carbon Economic Value, paving the way for a robust, high-integrity carbon trading ecosystem aligned with international standards. The Ministry of Forestry of the Republic of Indonesia is coordinating with global partners to position Indonesia as a leading carbon market hub. The regulation…

Realisation of KUR Reaches IDR 217 Trillion, Government Pushes MSMEs to Become the Engine of National Economic Growth

As of October 2025, the Indonesian government has channelled approximately IDR 217.2 trillion in the Kredit Usaha Rakyat (KUR) scheme, amounting to about 77 percent of the annual target. This strong uptake demonstrates high demand for finance among productive and labour-intensive micro, small, and medium-enterprises (MSMEs). According to the Kementerian…
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