Business News
Chile Targets Indonesia–ASEAN Export Markets, IC-CEPA as the Main Pillar
Chile is actively strengthening its trade relationship with Southeast Asia by leveraging the Indonesia–Chile Comprehensive Economic Partnership Agreement (IC-CEPA) to boost exports to Indonesia and the ASEAN region. According to ProChile’s Director General Ignacio Fernández, ASEAN's food imports reached USD 4 billion last year, yet Chile’s share remains below 1%,…
Indonesia’s MSMEs Secure USD 90.9 Million in Overseas Deals: Trade Ministry
Between January and August 2025, Indonesia’s micro, small, and medium enterprises (MSMEs) achieved a total of USD 90.9 million (IDR 1.49 trillion) in confirmed and potential overseas transactions, according to the Trade Ministry. The government’s export-focused support program, which spans sectors such as fashion, crafts, furniture, home décor, food &…
Indonesia Targets Free Trade Agreement Deal with Gulf Countries by Year-End
Indonesia’s Trade Ministry is aiming to finalise a free trade agreement (FTA) with Gulf countries by the end of the year. If achieved, this deal is projected to boost Indonesia’s economic welfare by approximately USD 258.4 million and increase the country’s exports to the Gulf region. Meanwhile, the Ministry has…
Indonesia Imports Weapons Worth IDR 1.06 Trillion, UAE Becomes Largest Supplier
From January to July 2025, the Indonesia Statistics (Badan Pusat Statistik/BPS) recorded that Indonesia's total weapons imports reached 141,632 kilograms, with a value of USD 65.04 million, equivalent to approximately IDR 1.06 trillion (at an exchange rate of IDR 16,400 per USD). These imports included three types of weapons from…
