Business News

Strengthening Indonesia-Australia Strategic Partnership in the Context of Global Economic Dynamics

On 4 June 2025, Coordinating Minister for Economic Affairs Airlangga Hartarto held a bilateral meeting with Australian Minister for Trade and Tourism Don Farrell on the sidelines of the OECD Ministerial Council Meeting in Paris. The meeting confirmed the strong commitment of both countries to strengthening the Indonesia–Australia Comprehensive Strategic…

The Manufacturing Industry is Declining, Indonesian Government Targets Specific Industries

The Draft Minister of Industry Regulation (R-Permenperin) on Specific Industrial Areas (KIT) is a Ministry of Industry strategy to support the acceleration of development and industry distribution across Indonesia. On 4 June 2025, Tri Supondy, Director General of Industrial Resilience, Regional Development, and International Access (KPAII) at the Ministry of…

Bali is Designed As An Investment Destination And a Creative Economy Innovation Centre

Bank Indonesia Province of Bali organised Bali Jagadhita and successfully integrated trade, the creative economy product ecosystem, and investment. Bali Jagadhita was held to promote products and establish Bali as a hub for a sustainable and creative economy. Bali Jagadhita serves as a strategic forum to strengthen trade channels between…

Indonesia Continues Reciprocal Tariff Negotiations with the United States

Coordinating Minister for Economic Affairs Airlangga Hartarto revealed the response of the representative of the United States Trade Office, Jamieson Greer, to Indonesia's negotiation documents on Donald Trump's reciprocal tariffs. "Ambassador Greer appreciates Indonesia's proposal as a good basis for consideration for America," said Coordinating Minister for Economic Affairs Airlangga…
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