Business News
The July 2025 Trade Balance Surplus Remains High, Contributing to Cumulative Surplus
On 3 September 2025, Minister of Trade Budi Santoso announced that Indonesia's trade balance for January-July 2025 showed a cumulative surplus of USD 23.65 billion. This value increased significantly compared to the same period in 2024, which was USD 16.25 billion. The Minister attributed the increase to a surge in…
Galang Batang Special Economic Zone Establishes Bintan as a New Centre of Economic Growth
On 27 August 2025, on Kompas TV's Bincang Kita programme, Galang Batang Special Economic Zone Manager George Santos stated that all industrial activities in the Galang Batang Special Economic Zone (KEK) play a strategic role in economic growth in Bintan Regency and Riau Islands Province. Since its inauguration on 8…
CNBM and ASEAN Synergy: Towards a Green Economy and a Sustainable Future
On 29 August 2025, coinciding with the 75th anniversary of diplomatic relations between Indonesia and China, China National Building Material Group (CNBM) successfully held a Promotion Conference and Innovation Exhibition in Jakarta, Indonesia. The event was organised by Sinoma and PT Sinoma Development Indonesia, and invited representatives from government agencies,…
President Prabowo Concludes Brief Visit to Beijing, Discusses Giant Sea Wall and Regional Security with Xi Jinping
Indonesia’s President Prabowo Subianto wrapped up a short yet substantive visit to Beijing, holding a bilateral meeting with Chinese President Xi Jinping at the Great Hall of the People on September 3, 2025. The warm, cordial discussion followed their joint attendance at the 80th anniversary celebration of China’s wartime resistance…
