Business News
Palm Oil Industry Positioned as a Pillar of Indonesia’s Geopolitical Economy
Industry leaders and academics are calling on the government to formally designate palm oil as a National Strategic Commodity, highlighting its growing role beyond agriculture into national sovereignty, food security, and the global energy transition. Experts emphasized that the palm oil sector supports around 16.5 million households across Indonesia, from…
Proposed US–Indonesia Trade Deal Seen Expanding Bilateral Trade Up to Fourfold
A proposed trade agreement between the United States and Indonesia is expected to significantly expand bilateral trade, potentially increasing its value up to four times from the current level of approximately USD 40 billion annually. Speaking at the World Economic Forum in Davos, Chairman of the Indonesian Chamber of Commerce…
Deputy Minister Promotes Transmigration Commodities for Global Export Markets
Indonesia’s Ministry of Transmigration is accelerating efforts to position products from transmigration zones as competitive exports for the global market. Deputy Minister Viva Yoga Mauladi emphasized that transmigration areas have evolved beyond resettlement sites into productive economic centers with strong export potential. With more than 1,500 villages, hundreds of sub-districts,…
Government Advances Development of Modern Indonesian Medicines Using Bioactive Compounds
The Indonesian government is strengthening its commitment to developing modern, homegrown medicines derived from bioactive compounds found in herbal plants. The Ministry of Industry highlighted that Indonesia’s long-standing herbal medicine tradition holds strong potential to evolve into globally competitive modern pharmaceuticals. Bioactive-based medicines are viewed as a strategic pathway to…
