Business News
Indonesia Gains China Approval for 40 New Fish Export Facilities
Indonesia has secured approval from China for 40 additional Fish Processing Units to export fishery products, marking a positive milestone for the national fisheries sector. The approval was granted by the General Administration of Customs of China following successful implementation of a mutual recognition arrangement on fishery product quality assurance…
Indonesia’s EV Market Surges Following 2023 Incentive Policy
Indonesia’s electric vehicle (EV) market has recorded strong growth since the introduction of incentives under Presidential Regulation No. 79 of 2023. From the end of 2023 to the end of 2025, total EV sales expanded significantly from around 17,000 units to approximately 103,000 units. The policy has created a more…
KKP Successfully Adds 40 Fish Processing Units as New Exporters to China
The Ministry of Marine Affairs and Fisheries, through the Fish Quality Control and Supervision Agency (BPPMHKP), announced the addition of 40 Fish Processing Units (UPI) that are now officially licensed to export to China. This achievement was reached following a rigorous verification and auditing process conducted by the General Administration…
Indonesia’s Sovereign Wealth Fund Danantara Aims to Triple Assets by 2030
Danantara Indonesia, the country’s sovereign wealth fund, unveiled an ambitious plan to triple its managed assets by 2030 through strategic consolidation and value creation, senior leadership announced at the World Economic Forum in Davos. Currently managing roughly USD 900 billion in assets, Danantara plans to streamline around 1,068 state-owned enterprises…
