Business News
Indonesian MSME Products Soar: Reaping IDR 13 Trillion from the Global Market
Minister of Cooperatives and SMEs, Teten Masduki, revealed that the export value of Micro, Small, and Medium Enterprises (MSMEs) reached IDR 13 trillion by mid-2025. These local products have successfully penetrated markets in 33 countries, reflecting the global competitiveness of Indonesia's SME sector. The dominant export products come from food…
Integrated Transportation, the Key to Efficiency and National Economic Growth
The Ministry of Transportation (Kemenhub) continues to promote the realization of an integrated national transportation system across modes as a strategic step to improve logistics efficiency and support economic growth. Through the development of interconnected infrastructure—from ports, airports, roads, to railway lines—Kemenhub aims to create a transportation system that is…
Indonesia and the US Agree to Reduce Trade Tariffs on Top Commodities Targeted for Special Treatment
Indonesia and the United States officially issued a Joint Statement marking the culmination of protracted bilateral negotiations on trade tariffs on 22th July 2025. The agreement reduced reciprocal import tariffs from 32% to 19%, delivering a more favourable outcome for Indonesian exports to the US market. This reduction, while modest…
BI and Kadin Business Forum Strengthens East Java-NTT Investment Network, Resulting in IDR 3 Billion Commitment
Bank Indonesia, along with the East Java Chamber of Commerce and Industry (Kadin) and the East Nusa Tenggara Chamber of Commerce and Industry (Kadin), brought together 97 business players at the Investment and Trade Business Forum held in Surabaya on Monday (July 28th). This forum served as a strategic platform…
