Business News
MSME Business Matching Transactions Reach IDR 1.46 Trillion by July 2025
Over the course of seven months, the Ministry of Trade's business matching program for exporting micro, small, and medium enterprises (MSMEs) products has successfully recorded total transactions worth USD 90.04 million, or approximately IDR 1.46 trillion. This figure consists of purchase orders (POs) of USD 55.09 million and potential transactions…
Customs Encourages Aceh to Become a Transshipment Center and Gateway for Western Indonesia's Exports and Imports
The Customs and Excise Regional Office (Kanwil) is promoting Aceh Province as a transhipment hub and gateway for exports and imports in western Indonesia. This was conveyed by the Head of Customs and Excise, Arsal Efendi, in a Focus Group Discussion (FGD) on the Preparation of the Academic Draft for…
RI and Kazakhstan Agree on Potential Energy Cooperation
The Indonesian Ambassador to Astana, M. Fadjroel Rachman, and the Minister of Energy of Kazakhstan, Yerlan Akkenzhenov, agreed that the significant potential for cooperation between the two countries in the energy sector needs to be realized immediately for the benefit of the people of both countries. "The draft MoU, or…
USD 8.1 Billion in Oil and Gas Investment by June 2025: Is Indonesia's Oil and Gas Investment Climate Attractive?
The Ministry of Energy and Mineral Resources (ESDM) reported that oil and gas investment reached US$8.1 billion in the first half of 2025, a 28.75% increase compared to US$6.3 billion in the first half of 2024. However, this oil and gas investment realization does not directly reflect Indonesia's attractiveness to…