Business News

Global Renewable Energy Investment Hits Record High at USD 624 Billion

Global investment in the renewable energy sector reached a record USD 624 billion in 2024, marking a 7% increase from the previous year, according to the International Renewable Energy Agency (IRENA). Director-General Francesco La Camera stated that while the upward trend is encouraging, current funding levels remain insufficient to meet…

Small Businesses Encouraged to Expand Global Reach through Export of Local Products

Many Indonesians still assume that exporting requires large-scale operations and complex systems. However, in the digital era, exports can start small — even with a single local product sent abroad to introduce the taste and culture of Indonesia to the world. Amir Hamzah, Founder and CEO of Master Bagasi, emphasized…

Singapore Accelerates Power Export Partnership with Indonesia

Singapore’s Minister for Energy and Technology, Tan See Leng, announced that the government will expedite the electricity export collaboration with Indonesia, following the MoU signed in June 2025. Under this plan, Indonesia will supply power generated from renewable energy plants—including solar and hydropower facilities currently under development—to meet part of…

Indonesia Urges ASEAN to Use RCEP for Resilient Indo-Pacific Trade

In a key address at the ASEAN‑Indo‑Pacific Forum 2025 in Kuala Lumpur, Prabowo Subianto, via Coordinating Minister for Economic Affairs Airlangga Hartarto, called on the Association of Southeast Asian Nations (ASEAN) to leverage the Regional Comprehensive Economic Partnership (RCEP) as a strategic platform for resilient, rules-based trade in the Indo-Pacific…
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