Business News
Ministry of Trade Records IDR 1.06 Trillion in Potential Trade Transactions at SIAL Shanghai
The Indonesian Ministry of Trade has recorded an impressive trade potential of IDR 1.06 trillion during the country's participation in the SIAL Shanghai food and beverage exhibition. This significant achievement highlights the immense global appeal and competitiveness of Indonesian agricultural and processed food products within the East Asian market. The…
Indonesia to Channel Coal and Palm Oil Exports Through State-Owned Enterprise Starting June 2026
Indonesia will begin routing exports of key commodities, including coal and crude palm oil, through a designated state-owned enterprise starting in June 2026. The policy, introduced under President Prabowo Subianto’s administration, aims to strengthen export governance, improve transparency, and optimize national revenue from strategic natural resources. The government stated that…
Indonesia Appoints State-Owned Enterprises as Sole Exporters for Key Commodities
President Prabowo Subianto announced a new government regulation requiring state-owned enterprises (SOEs) to become the sole exporters of several strategic natural resource commodities, including palm oil, coal, and ferroalloys. The policy aims to strengthen export governance, improve transparency, and optimize state revenue by tightening supervision over commodity trade and reducing…
Indonesia Targets Up to 6.5% Economic Growth in 2027 Through New Export Strategy
Indonesia is targeting economic growth of up to 6.5% in 2027 as the government introduces a new export management scheme aimed at improving transparency and increasing state revenue from commodity exports. President Prabowo Subianto stated that the country plans to strengthen oversight of strategic commodities, including coal, palm oil, and…
