Business News
Indonesia Aims for 90% Duty-Free Exports to Europe by 2027
Ministry of Marine Affairs and Fisheries officially launching a massive IDR 7.2 trillion integrated shrimp farming project in East Sumba to modernize the national aquaculture industry. Spanning 2,150 hectares, this strategic initiative adopts an eco-friendly Integrated Shrimp Farming concept with a high production target of 52,800 tons per year to…
IFA 2026: Indonesian Fashion Products Attain Global Quality Standards
The opening of Indonesia Fashion Aesthetics (IFA) 2026 confirms that national fashion quality has reached world-class standards, gaining significant traction in international markets. The government is committed to boosting exports through enhanced trade diplomacy and leveraging overseas representative networks to facilitate market penetration for local designers and traditional textiles. Under…
Indonesia Aims for 90% Duty-Free Exports to Europe by 2027
Indonesia plans for nearly 90% of its exports to enter the European Union (EU) duty-free under the Indonesia–European Union Comprehensive Economic Partnership Agreement (IEU-CEPA), expected to take effect in early 2027. Coordinating Minister for the Economy, Airlangga Hartarto, emphasized that this measure will enhance the competitiveness of Indonesian products while…
Indonesia Encourages Innovation and Exports in Food and Beverage Industry
Deputy Minister of Industry Faisol Riza urged Indonesia’s food and beverage (F&B) sector to continue innovating and expanding exports, highlighting the subsector’s strategic role within the non-oil and gas manufacturing industry (IPNM). In 2025, IPNM grew by 5.30%, outpacing national economic growth, with F&B contributing 41.06% to the subsector and…
