Business News
The Ministry Of Trade Targets Indonesia’s Export Growth To Reach 7 Percent In 2025
The Ministry of Trade (Kemendag) is targeting Indonesia’s export growth to reach 7% by 2025 and gradually increase to 9% by 2029. According to Fajarini Puntodewi, Director General of National Export Development, boosting exports is crucial to achieving the national economic growth target of 8%. Speaking at the launch of…
The New Trade Regulation Governs Indonesian Trade Promotion Abroad, Mandatory Use of Official Indonesian Image
The Minister of Trade Regulation (Peraturan Menteri Perdagangan/Permendag) No. 14 of 2025 has been enacted, governing the procedures for trade promotion and strengthening Indonesia's global market presence. This regulation serves as the official guideline for ministries, agencies, and local governments in conducting overseas promotional activities. The regulation was issued on…
Pertamina NRE and LONGi Launch 1.4 GW Solar Panel Manufacturing Project
On 23 June 2025, the launch of the Solar PV Manufacturing Project was held in Bekasi, West Java. Pertamina NRE is collaborating with LONGi Green Technology Co., Ltd to build a solar panel manufacturing facility in Indonesia. The facility is targeted to have a production capacity of 1.4 gigawatts (GW)…
Banyuwangi Cocoa Reaches Global Markets, Promoted Through Chocolate Festival
Banyuwangi has emerged as a key player in the global cocoa industry, exporting high-quality beans to countries such as Japan, Ghana, Switzerland, and the Netherlands. At the forefront is the Kendenglembu plantation, managed by PTPN I Regional 5, which cultivates both bulk and premium edel cocoa. The edel variety, considered…
