Business News

Indonesian Doubles Lithium Imports to Boost EV Battery Production

Indonesia is rapidly increasing its lithium imports, primarily from Australia, to strengthen its electric vehicle (EV) battery supply chain and become a global EV manufacturing hub. Previously importing lithium from Africa, Indonesia now prefers Australia due to lower shipping costs. The government has tasked state-owned mining company MIND ID to…

Export Business Matching for MSMEs Reaches IDR 168.3 Billion During KKI 2025

Bank Indonesia (BI) reported that export business matching activities for Micro, Small, and Medium Enterprises (MSMEs) during the Karya Kreatif Indonesia (KKI) 2025 event generated transactions totaling IDR 168.3 billion. The event, held from August 7 to 10 at the Jakarta International Convention Center, facilitated interactions between BI and various…

PT BSSW Exports 10,000 Tons of Tapioca to Taiwan via Panjang Port

On Sunday, August 10, 2025, PT Budi Starch & Sweetener Tbk (BSSW), a leading tapioca flour producer under the Sungai Budi Group, commenced its first export of the year by shipping 10,000 tons of tapioca to Taiwan. The shipment departed from Panjang Port in Bandar Lampung, with Sucofindo overseeing the…

Indonesian Exports Remain Resilient Amidst Global Uncertainty

According to the latest data from the Statistics Indonesia (BPS), Indonesian exports have demonstrated impressive resilience despite facing pressure from unstable global economic growth. The non-oil and gas sector including industrial products and agricultural commodities is expected to remain the mainstay of exports, consistently contributing to national foreign exchange earnings…
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