Business News

Indonesian Coconut Shell Charcoal Reaches Global Market with First Export to Sweden

Furqanuddin Masulili, Deputy Regent of Banggai, announced that the coconut shell charcoal from Bumdes Abadi Uling, a village enterprise in Uling Village, Kintom District, has successfully entered the global market with its first export of 26 tons to Sweden. "This achievement is a source of pride for us. We greatly…

Motorcycle Sales in Indonesia Soar in July 2024, Exports Set New Record

The Indonesian Motorcycle Industry Association (AISI) has reported a significant surge in motorcycle sales across the country for July 2024, marking the highest monthly sales figure this year. According to AISI’s official data released on 10 August 2024, motorcycle sales in Indonesia reached 598,844 units in July, an increase of…

Indonesia and Japan Sign Landmark Agreement to Boost Economic and Trade Relations

Indonesia and Japan have strengthened their economic and trade ties by signing the Protocol of Amendment to the Indonesia-Japan Economic Partnership Agreement (IJEPA) on 8 August 2024. The agreement, signed by Indonesia’s Minister of Trade, Zulkifli Hasan, and Japan’s Minister of Foreign Affairs, Yoko Kamikawa, aims to enhance economic growth…

Indonesia and EU Near Finalization of Comprehensive Economic Partnership Agreement

Indonesia and the European Union (EU) are nearing the finalization of the Indonesia-European Union Comprehensive Economic Partnership Agreement (I-EU CEPA). According to Coordinating Minister for Economic Affairs Airlangga Hartarto, the negotiations have reached the 19th round, with only the chief negotiators left to conclude the discussions. Airlangga briefed President Joko…
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