Business News

Alsintan Credit and KUR Relaxation in the Sugarcane Plantation Sector: A New Path to Boost Farmer Productivity and Welfare

The Indonesian government has launched two key initiatives to invigorate sugarcane farming productivity and improve the well-being of farmers: the Kredit Usaha Alsintan (Agricultural Machinery Credit) and a relaxed KUR (People’s Business Credit) specifically tailored for smallholder sugarcane farmers. These initiatives, formalised via Coordinating Ministry regulations No. 6 and No.…

Indonesia Approves 17 More Brazilian Meatpacking Plants to Export Beef

Indonesia has recently granted approval for 17 additional Brazilian meatpacking plants to export beef to its market. This brings the total number of Brazil’s approved exporters to 38, marking an 80% increase in the number of Brazilian facilities allowed to supply beef to Indonesia. The decision reflects growing confidence in…

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 &…
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