Business News

Indonesia Finalises First CEPA with North America

Indonesia has completed its first comprehensive economic partnership agreement (CEPA) with a North American country—Canada. The Indonesia-Canada CEPA (ICA-CEPA), finalized in just two years, is expected to significantly expand market access for Indonesian exports in the North American region. The agreement is set to be officially signed around September or…

NTT’s Economy Grows 5.44%, Boosted by Agriculture and Export Performance

Nusa Tenggara Timur (NTT) recorded a solid economic growth of 5.44% year-on-year in Q2 2025, an improvement from the previous quarter’s 4.55%. The growth was driven by a strong performance in agriculture, forestry, and livestock—growing 7.08%—due to increased food crop and livestock production. This boost also elevated trade and exports,…

Central Java's Medical Device Industry Grows Positively, Encouraging Synergy with Universities and Exports Abroad

The medical device industry in Central Java continues to show promising growth, both in terms of production, innovation, and collaboration with universities. This was conveyed by Agus Mardiyanto SE, MM, Chair of GAKESLAB Central Java, in an interview with the media on the sidelines of the IndoHealth Care & GAKESLAB…

Indonesia Signs Deal with 0% Import Tariff on Copper from the US

Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, revealed that Indonesia has successfully agreed on a 0% copper import tariff with the United States. The Indonesian government is also working to negotiate tariffs for several other commodities, such as nickel and palm oil. Rosan…
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