Business News

Indonesia Urges APEC Economies to Empower Women's Participation in International Trade

Indonesia is urging Asia-Pacific Economic Cooperation (APEC) economies to prioritize building infrastructure that advances and empowers women's participation in international trade. Cooperation through APEC should address the challenges women face, opening opportunities to enhance their involvement in global trade. This was emphasized by Djatmiko Bris Witjaksono, Director General of International…

Blue Economy to Drive Indonesia's Future Economic Growth

The National Development Planning Agency (Bappenas) has highlighted that the Blue Economy can become a new engine for Indonesia's economic growth. Minister of National Development Planning and Head of Bappenas, Suharso Monoarfa, stated that implementing the Blue Economy can stimulate various industries, particularly in the maritime sector. Indonesia has substantial…

Trade with New Zealand Expected to Reach USD 2.45 Billion by 2024

Minister of Trade Zulkifli Hasan is optimistic that the trade target between Indonesia and New Zealand will reach USD 2.45 billion by 2024. This statement was made during a bilateral meeting with New Zealand’s Minister for Building and Construction, Minister for Land Information, Minister for Veterans, Associate Minister for Defence,…

IA-CEPA Boosts Indonesia-Australia Trade by 90%

Coordinating Minister for Economic Affairs Airlangga Hartarto announced that the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), established in 2020, has increased trade between Indonesia and Australia by 90%. Under IA-CEPA, Australia eliminated 6,474 tariff lines (100% of total tariff lines), reducing import duties on all Indonesian products to 0%. In…
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