Business News
Indonesian Agricultural Sector Accelerates with 102-Ton Candle-Nut Export Expansion to Saudi Arabia
The Indonesian agricultural and commodity sector has demonstrated a highly resilient performance through mid-2026, anchored by a significant outbound shipment of regional agro-industrial products to Middle Eastern trade corridors. Facilitated through targeted mentorship by Bank Indonesia (BI) for local micro, small, and medium enterprises (MSMEs), a total of 102 tons…
Indonesian Ministry of Defense Targets Italian AW-149 Helicopters to Strengthen Naval Fleet Capabilities
The Indonesian defense sector is actively advancing its fleet modernization strategy, marked by the Ministry of Defense's planned acquisition of Italian-manufactured AgustaWestland AW-149 helicopters for the Indonesian Navy (TNI AL). This strategic procurement program aims to significantly enhance naval operational readiness, expanding capabilities in maritime patrol, search and rescue, logistics…
Indonesian Textile and Fashion Industry Prepares for European Union Digital Product Passport Implementation
The Indonesian textile and fashion sector is actively strengthening its export readiness by adapting to the upcoming Digital Product Passport (DPP) requirements enforced across European and UK markets. Spearheaded by the Ministry of Trade (Kemendag) in partnership with the Indonesian Embassy in London, the initiative aims to enhance supply chain…
US Imposes New Import Tariffs Impacting Indonesian Exports Under Section 301 Trade Act
The United States government, under President Donald Trump, officially instituted a new import tariff structure of 10% and 12.5% targeting 60 global trading partners, including Indonesia and the European Union, effective July 24, 2026. Enforced under Section 301 of the 1974 Trade Act, the policy imposes a baseline 10% tariff…
