Business News
Indonesia and Korea Agree to Strengthen Strategic Collaboration in Economy and Culture
In a recent bilateral meeting held during the APEC 2025 Summit in Gyeongju on 1 November 2025, Prabowo Subianto of Indonesia and Lee Jae‑Myung of Korea reaffirmed their countries’ shared commitment to deepen cooperation across key sectors. President Lee emphasized that the Republic of Korea and Indonesia have built a…
Indonesia Targets 33 Waste-to-Energy Plants by 2027
The Indonesian government has set an ambitious goal to complete 33 Waste-to-Energy Plants (PLTSa) by 2027 as part of its commitment to promote clean energy and waste-free cities. Coordinating Minister for Economic Affairs Airlangga Hartarto said the project would be partly financed through Patriot Bonds issued by Danantara, adding that…
IEU–CEPA Strengthens Indonesia–Europe Economic Cooperation
The Indonesia–European Union Comprehensive Economic Partnership Agreement (IEU–CEPA) marks a significant milestone in enhancing trade and investment relations between Indonesia and the EU. Speaking at the 9th KAS–CSIS Germany–Indonesia Strategic Dialogue in Jakarta, EU Minister-Counselor for Parliamentary Affairs Antoine Rippoll emphasized that CEPA symbolizes both regions’ shared commitment to a…
Trade Ministry Urges Businesses to Report Imported Goods Receiving Subsidies
The Ministry of Trade (Kemendag) has encouraged Indonesian business players to report any imported products suspected of receiving foreign subsidies. Director General of Domestic Trade, Iqbal Shofwan Shoffan, emphasized that the government has established several trade protection instruments to safeguard local industries. Speaking at the IKEA Made in Indonesia: From…
