Business News
Indonesia-GCC FTA Momentum to Increase Exports to the Gulf Region
Indonesia and the Gulf Cooperation Council (GCC) have successfully initiated the first round of negotiations for the Indonesia-GCC Free Trade Agreement (I-GCC FTA). The negotiations, held from September 9 to 13, 2024, at the Ministry of Trade in Jakarta, aimed to enhance trade relations between Indonesia and the GCC member…
Indonesian Furniture Secures USD 2.27 Million in Potential Transactions at Korean Exhibition
At the 2024 Korea International Furniture and Interior Fair (Kofurn), Indonesian furniture showcased a significant potential transaction value of USD 2.27 million or approximately IDR 35.01 billion. The event took place from August 29 to September 1, 2024, at the Kintex Convention Center in Ilsan, South Korea. This participation was…
Indonesia Plans to Import 100,000 Dairy Cows from Brazil to Boost Milk Production
Indonesia is set to import 100,000 dairy cows from Brazil to boost domestic milk production. This initiative is based on a Memorandum of Understanding (MoU) between PT Asiabeef Biofarma Indonesia (Asiabeef) and Agropecuaria 31 (31 Group), initiated by the Ministry of Agriculture (Kementan). The agreement was reached during a bilateral…
Batam International Health Tourism SEZ Becomes Focus of MFA 2024 in Singapore
The Head of the Batam Business Authority (BP Batam), Muhammad Rudi, represented by Irfan Syakir Widyasa, Head of KPBPBB and SEZ Development, spoke at the Industry Suppliers Networking Session during the Medical Fair Asia 2024 & Medical Manufacturing Asia, held on 12 September 2024 at Marina Bay Sands, Singapore. Organized…
