Business News

Lampung Welcomes UAE Collaboration to Boost Exports and Investment

In a bid to strengthen exports and attract foreign investment, the Province of Lampung has warmly welcomed cooperation with the United Arab Emirates (UAE), particularly in the agricultural and plantation sectors. During a meeting with the UAE Embassy delegation on May 27, 2025, Lampung’s Vice Governor Jihan Nurlela expressed the…

Exports of Soy Sauce and Candlenut Reach IDR 938 Billion by April 2025

Indonesia’s Ministry of Trade has reported a significant export achievement totaling USD 57.6 million (around IDR 938 billion) by April 2025, largely driven by business matching initiatives with Saudi Arabia and Japan. Fajarini Puntodewi, Director General of National Export Development, shared this success during the Kumparan Halal Forum 2025 in…

Strengthening Australia–Indonesia Defense and Economic Ties

In May 2025, Australian Prime Minister Anthony Albanese and Indonesian President Prabowo Subianto met in Jakarta to enhance bilateral cooperation in defense and economic sectors. Albanese emphasized Indonesia’s significance to Australia, citing the region’s rapid growth and Indonesia’s projected rise to the world’s fifth-largest economy by 2040. The two countries,…

Makassar Port to Become a New Import-Export Hub, Aiming to Reduce Logistics Costs in Eastern Indonesia

The Indonesian government is developing Makassar Port as a new import-export centre to reduce logistics costs to and from eastern Indonesia.  Secretary General of the Ministry of Transportation (Kemenhub), Antoni Arif Priadi, has stated that shipments from the eastern region currently require passage through Jakarta or Surabaya prior to international…
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