Business News

Government Prepares Incentives for Industries Supporting Decarbonization

The government is set to provide incentives for industries that contribute to carbon emission reduction (decarbonization) as outlined in the Draft Bill on New and Renewable Energy (RUU EBET). This policy aims to accelerate the achievement of Indonesia’s Net Zero Emissions (NZE) target. According to Eniya Listiani, Director General of…

Consumer Optimism Remains High, Spending and Economic Expectations Strengthen

According to Bank Indonesia's Consumer Survey, the Consumer Confidence Index (CCI) stood at 127.2 in January 2025, slightly lower than December 2024’s 127.7. However, the Consumer Expectations Index (CEI) increased from 139.5 to 140.8, indicating growing optimism about economic conditions in the next six months, particularly regarding income and business…

Ministry of Trade Records MSME Export Potential of IDR 85.48 Billion, Singapore and South Korea Lead Demand

Fajarini Puntodewi, Director General of National Export Development at the Ministry of Trade (Kemendag), announced that Kemendag recorded an export potential of USD 5.22 million (IDR 85.48 billion) in January 2025 from a business matching event involving MSMEs. The majority of demand came from South Korea and Singapore for products…

North Sumatra Rubber Exports Reach 25,910 Tons in January 2025

Gapkindo Sumut reported that natural rubber exports from North Sumatra in January 2025 reached 25,910 tons, marking a 10.41% increase compared to December 2024 (23,467 tons). This also showed a modest growth of 0.43% year-over-year (YoY), as January 2024 recorded 25,799 tons. Despite the increase, exports are still far from…
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