Business News
IA-CEPA Boosts Indonesia-Australia Trade by 90%
Coordinating Minister for Economic Affairs Airlangga Hartarto announced that the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), established in 2020, has increased trade between Indonesia and Australia by 90%. Under IA-CEPA, Australia eliminated 6,474 tariff lines (100% of total tariff lines), reducing import duties on all Indonesian products to 0%. In…
GBFA as a Catalyst for Accelerating Economic Transformation
The Global Blended Finance Alliance (GBFA) is expected to lay the foundation for transformative change and future knowledge, accelerating value creation and investment in key economic sectors. This was stated by Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Panjaitan, at the G20 Bali GBFA Dialogue on Natural Capital,…
Indonesia and Vietnam Strengthen Cooperation in Wetland Agriculture Technology
Indonesian Minister of Agriculture, Andi Amran Sulaiman, embarked on an official visit to Vietnam and China, commencing on May 19, 2024. The trip aimed to strengthen agricultural cooperation, starting with a meeting in Hanoi, Vietnam, between Minister Sulaiman and Vietnamese Minister of Agriculture and Rural Development, Le Minh Hoan, along…
Indonesia Plans to Import Live Cattle from New Zealand
The Ministry of Trade is advocating for a collaboration in importing live cattle from New Zealand to meet the demand for beef in Indonesia. This effort was discussed in the Asia-Pacific Economic Cooperation (APEC) forum, where Minister of Trade Zulkifli Hasan (Zulhas) emphasized the importance of strengthening cooperation with countries…
