Business News

Indonesia-EU Trade Partnership Sees Continuous Growth

Indonesia's trade partnership with the European Union (EU) continues to show promising growth, particularly in the agri-food sector. According to data from the EU Commission on Agriculture, the EU is Indonesia's fifth-largest trading partner, with bilateral trade in goods reaching EUR 29.7 billion (IDR 504 trillion) in 2023. EU Agriculture…

Banten Investment Forum 2024 Offers Promising Investment Opportunities

The Banten Provincial Government, through the Investment and One-Stop Integrated Service Agency (DPMPTSP) and Bank Indonesia, hosted the "Banten Investment Forum 2024" in Gading Serpong, Tangerang. The forum highlighted various investment opportunities in the region, including the management of Taman Hutan Raya (Tahura) in Pandeglang, Banten International Stadium (BIS) in…

Indonesia to Explore Potential Carbon Trade Cooperation at COP29

Indonesia is set to explore potential partnerships for a carbon trading scheme, as outlined in Article 6 of the Paris Agreement, according to Minister of Environment, Hanif Faisol Nurofiq. Following a preparatory meeting for the 29th UN Climate Change Conference (COP29) in Jakarta, Hanif emphasized that Indonesia's delegation will focus…

Indonesia Imports Beef Worth IDR 5.87 Trillion

The Central Statistics Agency (BPS) recorded that Indonesia imported 99.12 thousand tons of beef and buffalo meat from January to September 2024. The value of these imports totaled USD 375.68 million or equivalent to IDR 5.87 trillion, based on an exchange rate of IDR 15,635 per USD as of the…
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