Business News

Pangkalpinang UMKM to Export Shrimp Paste to Australia

A micro, small, and medium enterprise (UMKM) in Pangkalpinang, Bangka Belitung, is preparing to export 200 kg of its specialty shrimp paste (locally known as terasi or belacan) to Sydney, Australia. According to the Head of the City’s Cooperatives and Trade Office, Andika Saputra, the export process is currently underway…

Indonesia’s Tin Derivatives Must Be Downstreamed, Can Be Used for Electronics & Defense Equipment

The article argues that Indonesia should intensify the downstreaming (hilirisasi) of its tin and its derivatives—especially rare earth elements (REE)—because they hold huge potential for high-value industries. According to PT Timah, these mineral derivatives can be processed into critical components used in electronics and even defense systems (alutsista). By doing…

Indonesia Reaffirms Supportive Regulations to Boost High-Quality Investment in BBK Zone

At the BBK (Batam-Bintan-Karimun) Free Trade Zone investment forum in Singapore, Coordinating Minister Airlangga Hartarto stressed Indonesia’s firm commitment to fostering a conducive business climate through streamlined regulations and strategic cooperation with Singapore. During the 15th ministerial meeting of the 6 Working Groups in June 2025, both countries recommitted to…

The 1st FMM: Coordinating Minister Airlangga Reveals Indonesia’s Readiness to Cooperate, Promoting Strengthened Multilateral Trade and Digital Transformation

At the inaugural Future Investment and Trade Partnership Ministerial Meeting (FMM) in Singapore on November 18, 2025, Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, emphasized the country’s commitment to enhancing economic cooperation, trade, and regional integration. He highlighted the importance of a rules-based multilateral trading system and sustainable investment,…
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