Business News
Indonesia and European Union Agree on Zero-Percent Import Tariff Deal
Indonesia and the European Union have reached a landmark trade agreement, securing a zero-percent import tariff structure for key commodities. Spearheaded by the Indonesian administration under Prabowo, this strategic breakthrough is designed to significantly lower trade barriers and accelerate economic cooperation between the two regions. The elimination of these tariffs…
Natuna Exports Live Fish Worth IDR 1.2 Billion to Hong Kong
Natuna Regency in Indonesia’s Riau Islands Province has successfully exported 11,735 live fish worth IDR 1.2 billion to Hong Kong, further strengthening Indonesia’s fisheries export performance. The shipment included various high-value species such as tiger grouper, coral trout, mangrove grouper, and parrotfish sourced from the waters of Sedanau, Natuna. Authorities…
Indonesia Tightens Imported Steel Standards Starting May 2026
The Indonesian government will officially tighten quality standards for imported steel products starting in May 2026 as part of efforts to strengthen domestic industry competitiveness and improve product quality control. The new regulation aims to ensure that imported steel entering the Indonesian market complies with national standards and supports fair…
Indonesia Strengthens Tropical Fruit Downstream Industry to Expand Export Markets
Indonesia’s Ministry of Industry is intensifying efforts to strengthen the downstream processing of tropical fruits by encouraging small and medium-sized enterprises (SMEs) to develop higher-value food products for international markets. The government aims to transform Indonesia’s abundant tropical fruit resources, including bananas, mangoes, pineapples, and mangosteens, into competitive processed products…
