Business News

Minister of Tourism and Creative Economy Highlights Fashion's 62% Contribution to Indonesia's Creative Economy Exports

Indonesia's Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno, has emphasized the rapid growth of Indonesia's creative industries, with fashion emerging as a primary contributor to its exports. "Fashion alone contributes a significant 62% to our creative economy exports," stated Minister Sandiaga during his attendance at the East Java…

The Ministry of Trade Prepares Policies to Strengthen Downstreaming of Export Products

The Ministry of Trade has introduced policies to support and strengthen the downstreaming of domestic export products. This includes relaxing export regulations for several mining products and simplifying export licensing. Trade Minister Zulkifli Hasan announced these measures at the Synergy Forum in Surabaya, themed "Industrial Downstreaming Strategy to Increase Exports…

Minister of Trade Zulkifli Hasan Says Steel Exports Boost Indonesia's Trade Balance Surplus

Minister of Trade Zulkifli Hasan, also known as Zulhas, oversaw the export of eight containers of coated steel products from PT Tata Metal Lestari (Tatalogam Group) in Sadang, Purwakarta, West Java, to Australia, Canada, and Puerto Rico, valued at USD 808,262. Zulhas emphasized that this export initiative is a tangible…

Indonesia and Japan Strengthen Economic Cooperation Through International Forums and Strategic Agreements

Economic cooperation between Indonesia and Japan has been further strengthened through various international forums such as the Indo-Pacific Economic Framework for Prosperity (IPEF), the Indonesia-Japan Economic Partnership Agreement (IJEPA), and the ASEAN-Japan Comprehensive Economic Partnership Agreement (AJCEPA). At the end of 2023, Indonesian President Joko Widodo and Japanese Prime Minister…
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