Business News
Indo-Pacific Tensions Impact European Interests, German Minister Warns
During his visit to Indonesia on August 20, 2025, German Foreign Minister Johann Wadephul cautioned that escalating tensions in the Indo-Pacific—particularly China’s growing military assertiveness in the South China Sea and rising pressures in the Taiwan Strait—pose serious risks to international security and jeopardise the globally-established rules-based order. He highlighted…
Electric Car Manufacturers Can Heal as China's Rare Earth Magnet Exports Hit a Six-Month High
China's rare earth magnet exports rebounded and reached a six-month high in July 2025. This indicates that trade flows of the crucial minerals essential for electric vehicles have returned to levels before Beijing imposed export restrictions. Exports from the world's largest supplier of rare earth magnets increased nearly 75% from…
Customs and Excise Helps MSMEs Go International Through Export Assistance
The Directorate General of Customs and Excise is strengthening its support for export-oriented MSMEs through comprehensive assistance programs, both online and offline. For example, the Cikarang Customs and Excise Office conducted in-person visits to Bekasi Regency to establish communication and provide education to business owners, including Baragakai, a woodcraft MSME…
East Kalimantan's Exports on the Edge of Global Energy: Challenges and Promises of Downstreaming
East Kalimantan's (Kaltim) economy relies heavily on commodity exports, such as coal and palm oil, which contribute more than 40% to the local Gross Regional Domestic Product (GRDP). Although this sector remains a mainstay of regional economic growth, global protectionist pressures, such as the imposition of high tariffs by the…
