Business News
Patimban Port is Prepared to Become an Automotive Export-Import Center
The Indonesian government is preparing Patimban Port in Subang, West Java to become a key hub for automotive exports and imports, shifting much of the vehicle traffic from Jakarta’s Tanjung Priok port. Ambitiously, in 2027 Patimban is expected to rival Tanjung Prioke completely built up (CBU) vehicles and automotive parts,…
Kalbar Quarantine Supports the First Export of 343.5 Tons of Kratom
The quarantine authority in West Kalimantan (Kalimantan Barat) has officially supported the first export of kratom from the region. A total of 343.5 metric tons of kratom were shipped, with a declared value of approximately IDR 15.4 billion, destined for India. This milestone was realized through the coordination of the…
Indonesia Exports Milk to The Philippines and Malaysia
Indonesia recently exported four containers of processed dairy products—specifically powdered milk and sweetened condensed milk—to Malaysia and the Philippines, with a total export value of approximately IDR 1.7 billion. This export event was formally flagged off in Cikarang, West Java, by the Indonesian Trade Minister, Budi Santoso. The minister noted…
Indonesia-Switzerland Strengthen Economic Cooperation Through JETC in Jakarta
Indonesia and Switzerland are strengthening their economic ties through the Joint Economic and Trade Commission (JETC). Since the implementation of the Indonesia–EFTA Comprehensive Economic Partnership Agreement (CEPA) in November 2021, bilateral trade between the two countries has tripled, reaching USD 3.11 billion in 2023, with Indonesia recording a surplus of…
