Business News
EU Eyes ASEAN Trade Pact Negotiations After 2027
The European Union (EU) has indicated that it may explore a region-to-region trade agreement with ASEAN after 2027, while continuing to focus on bilateral agreements with individual ASEAN member states as foundational steps. The EU already has trade deals with Singapore, Vietnam, and a pending Comprehensive Economic Partnership Agreement (CEPA)…
Indonesia Strengthens Strategic Control of Global Nickel Markets Through Processing Leadership
Indonesia has reinforced its strategic dominance in the global nickel market by consolidating control over processing capacity rather than raw material extraction, positioning itself as a critical player in supply chains for energy transition and advanced manufacturing. By 2025, Indonesia accounts for around 60–65% of global refined nickel production, supported…
IDR 90 Trillion Maritime Investment Set to Accelerate Indonesia’s Blue Economy Growth
Indonesia is set to strengthen its maritime and marine sectors following an investment commitment of IDR 90 trillion (around USD 5.35 billion) secured during President Prabowo Subianto’s recent diplomatic visit to Europe. The investment is expected to become a key driver of inclusive economic growth, extending benefits beyond major ports…
Indonesia Welcomes New Steel Industry Investment to Strengthen Sustainable Industrial Growth
Indonesia reaffirmed its commitment to strengthening the national steel industry as a driver of economic growth and sustainable industrialization, marked by the groundbreaking of PT Tata Metal Lestari’s Continuous Galvanizing Line (CGL) Plant 2 in Purwakarta, West Java, on 26 January 2026. Minister of Industry Agus Gumiwang Kartasasmita stated that…
