Business News
Indonesia to Manufacture a National Car in the Next Three Years, Budget Already Allocated
President Prabowo Subianto of Indonesia has announced that the country plans to manufacture its own national car within the next three years. He stated that the budget for this initiative has already been allocated and land for the factories is prepared.This push to build a domestically produced vehicle reflects Indonesia’s…
Indonesian Food & Beverage Exports to the U.S. Get a Boost from Trade Forum
The Ministry of Trade of the Republic of Indonesia (Kemendag), through its Directorate General of National Export Development (PEN), is urging Indonesian food and beverage (F&B) businesses to intensify efforts to enter the U.S. market. The nation’s F&B products are noted for their distinctive flavours and high value‑added diversity, though…
Northern Luwu Co‑operative Coffee Investment eyed by Egypt, Ready to Boost Indonesia’s Exports
An Egyptian entrepreneur, Hasan Sayed Haggah, has set sights on investing in coffee plantations in Kabupaten Luwu Utara, South Sulawesi, signalling strong potential for Indonesia’s coffee export growth to Egypt. The opportunity was raised by Bupati Andi Abdullah Rahim during a meeting with Egyptian businesspeople at the Trade Expo Indonesia …
Indonesia and Japan Formalize MRA on AEO to Boost Exports
Indonesia's Directorate General of Customs and Excise (DJBC) has officially signed a Mutual Recognition Arrangement (MRA) on Authorized Economic Operator (AEO) with Japan's Customs and Tariff Bureau (JCTB). This agreement acknowledges mutual recognition of AEO certifications, granting certified companies expedited customs procedures and reduced physical inspections in both countries. The…
