Business News

Partnering with International Allies, Seven MSMEs Break Into Export Markets

Seven micro, small, and medium enterprises (MSMEs) supported by PT Pertamina (Persero) have successfully penetrated the export market by signing three Memorandums of Understanding (MoUs) with international partners during the Agrinex 2025 exhibition. One of the deals involved CV Bunga Palm partnering with Malaysia’s Mutiara Global Jaya for USD 50,000;…

Deputy Minister of Industry Encourages Global Steel Producers to Build Plants in Indonesia

Indonesia’s Deputy Minister of Industry, Faisol Riza, has urged international steel manufacturers not just to export to the country but to invest in domestic manufacturing facilities. His appeal aims to strengthen the national steel industry by reducing dependence on imports, which currently account for about 11 million tons annually. He…

Government Encourages Foreign Investment to Strengthen Indonesia’s Steel Industry

The Indonesian government is actively promoting foreign investment to enhance the national steel industry and reduce dependence on imports. By inviting investors from Europe, China, and Vietnam to establish steel plants in Indonesia, the government aims to increase domestic production capacity while providing investors access to the local market. Currently,…

Indonesia and South Korea Ink MoU to Promote Indonesian Coffee in Goyang

Indonesia and South Korea have signed a memorandum of understanding (MoU) to enhance the marketing of Indonesian coffee in South Korea. The agreement, signed on November 6, 2025, by Husodo Kuncoro Yakti, head of the Indonesia Trade Promotion Center (ITPC) in Busan, and Goyang Mayor Lee Dong-hwa, aims to establish…
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