Business News
Indonesian Coated Steel Industry Secures European CBAM Certification to Safeguard Exports
The Indonesian coated steel industry has achieved a significant regulatory milestone by successfully securing the European Union’s Carbon Border Adjustment Mechanism (CBAM) certification. This achievement ensures that domestic steel manufacturers comply with Europe's stringent environmental and carbon-pricing standards, effectively preventing trade barriers for Indonesian metal exports. By verifying the low-carbon…
Ministry of Trade Launches New Rules to Enhance Natural Rubber Quality and Address EUDR Standards
The Indonesian Ministry of Trade has officially introduced a new regulatory framework aimed at strengthening the quality standards of domestic natural rubber while proactively addressing the European Union Deforestation Regulation (EUDR). This strategic policy is designed to elevate the competitiveness of Indonesian rubber on the global stage by enforcing stricter…
European Parliament Approves Landmark Transatlantic Trade Regulation
The European Parliament has officially reached an agreement on a comprehensive transatlantic trade regulation framework, marking a significant step forward in international commerce. This newly approved policy is designed to streamline trade flows, harmonize regulatory standards, and reduce market barriers between the European Union and its primary transatlantic partners. By…
Prabowo Targets Up to 6.5% Economic Growth for Indonesia in 2027
President Prabowo Subianto projected Indonesia’s economy to grow between 5.8% and 6.5% in 2027, supported by strategic economic reforms, stronger industrial downstreaming, and sustainable fiscal management. The government aims to strengthen national competitiveness by optimizing natural resource processing, improving export systems, and encouraging higher private sector participation. The administration also…
