Business News
Switzerland and Indonesia Discuss Plans to Strengthen Cooperation in Education and Investment
On 20 May 2025, the Minister of Foreign Affairs of the Republic of Indonesia, Sugiono, received a visit from the Swiss Ambassador to Indonesia, Olivier Zehnder, in Jakarta. Both parties explored opportunities to enhance collaboration across sectors of Swiss expertise, including vocational education, research, and cooperative development. Indonesia and Switzerland…
Ministry of Trade Forecasts Indonesian Exports to Hong Kong Could Reach IDR 64 Trillion by 2045
The Ministry of Trade forecasts the export value of Indonesian products to Hong Kong to reach USD 3.9 billion or IDR 64.1 trillion (exchange rate of IDR 16,437 per USD) by 2045, with particular potential in the metal products, manufacturing, fisheries, apparel, chemical and textile sectors. This can be realised…
Italian Investor's Project Progress, Indonesia's Oil Output Expected to Rise by 90,000 Barrels!
The Ministry of Energy and Mineral Resources has set targets for 2027-2028 of an additional 90,000 barrels of oil production per day. The Italian oil and gas company Eni will produce the potential additional oil in the Geng North working area, East Kalimantan. By 2030, the production target is expected…
Strengthening Indonesia-Thailand Diplomatic Relations and Promoting Bilateral Trade and Investment in Various Sectors
On 19 May 2025, Coordinating Minister for Economic Affairs Airlangga Hartanto accompanied Indonesian President Prabowo on a state visit to Bangkok, Thailand, and was officially welcomed by Thai Prime Minister Paetongtarn Shinawatra at the Government House of Thailand. The series of activities continued with the 1st Leaders' Consultation meeting, in…
