Business News
Successfully Entering the Hong Kong Market, the Minister of Trade Has Launched an Export of Spices and Honey from Bali's Micro, Small, and Medium Enterprises
On 29 July 2035, the Minister of Trade, Budi Santoso, inaugurated the export of spice and honey products manufactured by Bali-based micro, small, and medium enterprises (UMKM), CV Naralia Group, to Hong Kong via Lini Cargo in Denpasar, Bali. The total export value of these goods amounted to USD 350,000,…
The Governments of Indonesia and Malaysia Agree to Expand ASEAN Free Trade
On 29 July 2025, the Prime Minister of Malaysia, Anwar Ibrahim, and the President of Indonesia, Prabowo Subianto, signed an agreement to expand the ASEAN free trade agreement. Anwar emphasised that the trade agreement is integral to Southeast Asia's economic resilience. However, he urged ASEAN to remain vigilant in the…
Indonesia Profits from Sports Equipment Exports
On 29 July 2025, at the Merdeka Fest Exhibition Opening Ceremony in Jakarta, Minister of Industry Agus Gumiwang Kartasasmita emphasised the importance of leveraging opportunities in sports equipment exports, noting the successful penetration of sports products such as clothing, shoes and bicycles into export markets. According to data from UN…
China's Coconut Downstreaming Factory Project in Indonesia, with an Initial Capital Investment of IDR 1.6 Trillion, is Underway
On 29 July 2025, during a press conference on the realisation of investments in the second quarter and first half of 2025, Minister of Investment/BKPM Rosan Perkasa Roslani announced that a Chinese company specialising in coconut processing had begun construction of a factory in Indonesia. Rosan stated that the company…
