Business News

Singapore Accelerates Power Export Partnership with Indonesia

Singapore’s Minister for Energy and Technology, Tan See Leng, announced that the government will expedite the electricity export collaboration with Indonesia, following the MoU signed in June 2025. Under this plan, Indonesia will supply power generated from renewable energy plants—including solar and hydropower facilities currently under development—to meet part of…

Indonesia Urges ASEAN to Use RCEP for Resilient Indo-Pacific Trade

In a key address at the ASEAN‑Indo‑Pacific Forum 2025 in Kuala Lumpur, Prabowo Subianto, via Coordinating Minister for Economic Affairs Airlangga Hartarto, called on the Association of Southeast Asian Nations (ASEAN) to leverage the Regional Comprehensive Economic Partnership (RCEP) as a strategic platform for resilient, rules-based trade in the Indo-Pacific…

Strategic Collaboration between LPEI and ICBC Indonesia Enhances the National Export Ecosystem

In October 2025, Lembaga Pembiayaan Ekspor Indonesia (LPEI) signed a bilateral loan agreement of USD 250 million with Bank ICBC Indonesia, comprised of a USD 100 million revolving credit facility and a USD 150 million three-year term loan. This partnership is part of a decade-long relationship (dating back to 2015)…

Supporting Regional Exports, the Solok Regency Administration Presents Local Products at Sumbar Expo 2025

In advance of Sumbar Expo 2025, the administration of Kabupaten Solok (Solok Regency) has taken proactive steps to showcase locally-produced goods with the goal of boosting export readiness and expanding market reach. By presenting a curated selection of regional products, including offerings from micro, small and medium enterprises (MSMEs) and…
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