Business News
European Countries Begin Talks Following IEU‑CEPA Signing: Indonesian Investment Ministry
The Indonesian Ministry of Investment confirmed that several European countries—including EU and non‑EU members like Switzerland—have begun exploring cooperation following the signing of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU‑CEPA). Deputy for Investment Promotion Nurul Ichwan explained that while some IEU‑CEPA provisions apply to all EU members, others require…
Indonesia Aims for ASEAN Digital Economy Deal Implementation by 2026
Indonesia targets the implementation of the ASEAN Digital Economy Framework Agreement (DEFA) to begin in 2026, aiming to significantly boost regional digital integration. Coordinating Minister for Economic Affairs Airlangga Hartarto stated that ASEAN’s 14th round of negotiations is expected to achieve 70% progress toward finalizing the agreement. With a combined…
Indonesia Advances Human-Centered Governance in OECD Accession
The Ministry of Administrative and Bureaucratic Reform (PANRB) has taken the lead as Indonesia’s focal point for public governance in the country’s accession process to the Organisation for Economic Co-operation and Development (OECD). This commitment was marked by the submission of Indonesia’s Initial Memorandum in June 2025. As the coordinating…
Indonesia Prepares CCS Licensing to Attract Investment
The Ministry of Investment/BKPM is backing the development of carbon capture and storage (CCS) services in Indonesia by preparing the necessary licensing framework. Deputy for Investment Promotion Nurul Ichwan stated that the ministry’s primary role is to facilitate licensing once areas are designated by the Ministry of Energy and Mineral…
