Business News
Indonesia’s Exports Reach USD 241 Billion in 2024, Highlighting Key Trade Partners
Indonesia’s export performance soared in 2024, achieving a total value of USD 241.25 billion from January to November, reflecting a 2.06% increase compared to the previous year. According to Trade Minister Budi Santoso, the non-oil and gas sector played a pivotal role, with the manufacturing industry contributing 78.86% of non-oil…
Indonesia Targets Completion of Four Trade Agreements by 2025
The Indonesian Ministry of Trade (Kemendag) aims to finalize four international trade agreements by 2025. Among the priorities is the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA), which is currently 85% complete and expected to conclude by Q1-2025, according to Trade Minister Budi Santoso during a press conference on January…
Indonesia’s Data Center Industry Booms, Attracting Global Investors
Indonesia's data center industry continues its remarkable growth, with the market value projected to reach USD 3.7 billion (approximately IDR 57.7 trillion) by 2024. Significant investments totaling USD 634 million (IDR 9.8 trillion) are solidifying Indonesia's position as a strategic data center hub in Southeast Asia. The Ministry of Communication…
Deputy Minister of Agriculture Ensures Cattle Farming Investments Engage Local Farmers
The Deputy Minister of Agriculture, Sudaryono, affirmed that ongoing investments in the cattle farming sector will prioritize the involvement of local farmers. He emphasized that these significant investments, aimed at meeting domestic beef demand, will advance the livelihoods of Indonesian cattle farmers. “We will support everything from licensing to the…
