Business News
Coordinating Minister for Economic Affairs Airlangga Encourages ASEAN to Strengthen Synergy in the Green and Sustainable Iron and Steel Industry
The April 2025 edition of the IMF's World Economic Outlook report projects global economic growth in 2025 at 2.8%, decreasing by 0.5% from the previous projection due to ongoing global economic strain. However, in the Q1 of 2025, Indonesia's economy grew by 4.87%, with growth across most business sectors. The…
Indonesia’s Exports to Hong Kong Projected to Reach USD 3.9 Billion by 2045
The Ministry of Trade projects Indonesia’s exports to the Hong Kong Special Administrative Region (SAR) of China to reach USD 3.9 billion by 2045, driven by the First Protocol to Amend the ASEAN-Hong Kong, China Free Trade Agreement (AHKFTA). Trade Minister Budi Santoso stated in Jakarta that the protocol is…
US-France Giants Reinvest, SKK Migas: Indonesia Remains Attractive!
The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) revealed that Indonesia’s upstream oil and gas investment climate remains attractive, marked by the return of several major “Seven Sisters” companies that had previously exited the country. Global giants such as Shell, Chevron, and TotalEnergies, which withdrew…
Strengthen the Halal Ecosystem, BPJPH Establishes Cooperation with United States Halal Institutions
The Indonesian Halal Product Assurance Agency (BPJPH) has strengthened bilateral cooperation with two U.S.-based halal institutions, Islamic Services of America (ISA) and the USA Halal Chamber of Commerce/ISWA Halal Certification Department. This collaboration was formalized with a letter of intent (LoI) signed by BPJPH Head Ahmad Haikal Hasan and representatives…
