Business News
Vice Minister of Industry: Strengthening Indonesia–Russia Industrial Cooperation Through the BRICS Forum
At the BRICS PartNIR 2025 forum in Xiamen, China (September 15–17), Indonesia’s Vice Minister of Industry, Faisol Riza, held a bilateral meeting with Russia’s Vice Minister of Industry and Trade, Aleksei Vladimirovich Gruzdev, to deepen industrial collaboration between the two countries. The discussions focused on cementing previously agreed memorandums of…
Heavy Equipment Manufacturers Urged to Innovate Sustainable Technologies
Heavy equipment technology is increasingly being directed toward meeting the mining industry’s demands for both efficiency and sustainability. At the 2025 Mining Indonesia expo, part of the Indonesia Energy & Engineering (IEE) Series, several global manufacturers showcased their latest innovations. For example, Liebherr Indonesia introduced upgraded generations of excavators and…
New Partnership Opens: Indonesia’s Furniture Exports to Europe with 0% Import Duty
The Indonesian government is set to sign a Comprehensive Economic Partnership Agreement (CEPA) with the European Union by the end of September 2025, creating new opportunities for the country’s furniture exports. Under this agreement, 80% of Indonesian furniture products will be granted access to the European market with 0% tariffs,…
Bilateral Meeting Between the Minister of Trade of the Republic of Indonesia and the Deputy Minister of Foreign Affairs of Uruguay
On 16 September 2025, the Minister of Trade of the Republic of Indonesia, Budi Santoso, met with the Deputy Foreign Minister of Uruguay, Valeria Csukasi, in Jakarta. During the meeting, Budi Santoso stated that Indonesia supports various preparations to immediately commence negotiations on a Comprehensive Economic Partnership Agreement between Indonesia…
