Business News

Indonesia and Japan Sign Landmark Agreement to Boost Economic and Trade Relations

Indonesia and Japan have strengthened their economic and trade ties by signing the Protocol of Amendment to the Indonesia-Japan Economic Partnership Agreement (IJEPA) on 8 August 2024. The agreement, signed by Indonesia’s Minister of Trade, Zulkifli Hasan, and Japan’s Minister of Foreign Affairs, Yoko Kamikawa, aims to enhance economic growth…

Indonesia and EU Near Finalization of Comprehensive Economic Partnership Agreement

Indonesia and the European Union (EU) are nearing the finalization of the Indonesia-European Union Comprehensive Economic Partnership Agreement (I-EU CEPA). According to Coordinating Minister for Economic Affairs Airlangga Hartarto, the negotiations have reached the 19th round, with only the chief negotiators left to conclude the discussions. Airlangga briefed President Joko…

Indonesia and Singapore Sign MoU to Boost Halal Product Trade

Indonesia and Singapore have signed a Memorandum of Understanding (MoU) on Halal Product Assurance (JPH) aimed at increasing the volume of exports and imports between the two countries for mutual benefit. The MoU was signed by Muhammad Aqil Irham, Head of BPJPH (Halal Product Assurance Agency) of Indonesia's Ministry of…

Foreign Investors Eye Oil and Gas Sector in Eastern Indonesia

Indonesia's Minister of Energy and Mineral Resources, Arifin Tasrif, revealed that foreign investors are showing interest in the upstream oil and gas sector in Eastern Indonesia. The government is actively working on creating more attractive regulations to encourage investment in this area. Arifin mentioned on Friday, 11 August 2024, that…
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