Business News
EU-Indonesia Trade Deal Opens Fresh Produce Exports
The newly ratified EU-Indonesia Comprehensive Economic Partnership Agreement (CEPA) significantly expands market access for European agricultural and food products into Indonesia. Under the deal, Indonesia will remove import duties on most EU agriculture goods — including dairy, meat, fruits, vegetables, and processed foods — while still maintaining protections for sensitive…
President Prabowo Emphasizes Government’s Commitment to Strengthen the People’s Economy through Strategic Programs
In his address at the closing of the PKS 2025 National Congress, President Prabowo Subianto reiterated that the government is firmly dedicated to reinforcing Indonesia’s grassroots economy via several strategic initiatives. He announced the establishment of Koperasi Desa Merah Putih (Red and White Village Cooperatives) in some 80,000 villages and…
Indonesia’s State Farm Company to Invest Nearly USD 500 Million to Boost Rice Output
In an ambitious effort to ramp up national rice production, Indonesia’s newly established state farm company, Agrinas Pangan Nusantara, plans to invest around IDR 8 trillion (approximately USD 479 million) through the end of 2026. The investment will fund the acquisition of modern agricultural machinery, drones, satellite monitoring systems, and…
Sovereign Fund Danantara Indonesia to Roll Out Waste-to-Power Projects by End of October
Indonesia’s sovereign wealth fund, Danantara Indonesia, intends to launch at least eight waste-to-energy (WtE) projects by October’s end, targeting key cities across Java, Bali, and especially Jakarta. The move aims to address the country’s mounting waste crisis—wherein 35 million metric tons of trash are generated annually and 61% is improperly…
