Business News
Transportation Ministry Reaffirms Support for North Bali Airport with Strict Conditions
The Indonesian Transportation Ministry has reaffirmed its support for the long-discussed North Bali International Airport, stressing that the project will only move forward once all administrative, technical, and environmental requirements are fulfilled. Director General of Civil Aviation Lukman F. Laisa said the government is committed to easing congestion at I…
National Budget Recorded Good Performance, Inflation Stability Maintained, and Indonesia's Economy in the Middle of Global Pressure
In the midst of global uncertainty, Indonesia’s economy remains resilient. By the end of August 2025, the performance of the APBN (State Budget) has shown positive results. The government reports that inflation has been kept stable, helping to preserve people’s purchasing power. A surplus in trade was recorded, fueled by…
Indonesia Dominates the Imported Car Market in Vietnam, Beating China and Thailand
In August 2025, Vietnam imported a total of 16,274 fully assembled, completely built-up (CBU) vehicles, with Indonesia leading as the top exporter. Out of the total imports, 6,673 units came from Indonesia, while Thailand supplied 5,346 units, and China supplied 3,206 units. This means that these three countries together accounted…
ICA-CEPA is Signed, Indonesia's Seafood Exports to Canada Potentially Increase
With the signing of the Indonesia-Canada Comprehensive Economic Partnership Agreement (ICA-CEPA), many of Indonesia’s marine products will immediately benefit from 0% import tariffs when entering Canada. This tariff elimination is expected to boost both the volume and value of seafood exports, making Indonesian marine goods more competitive in the Canadian…
