Business News
ISPE 2025 Held for Fifth Time, Strengthening Sustainable Goods and Services Procurement Ecosystem in Indonesia
On 11-12 February 2025, the Indonesia Sustainable Procurement Expo (ISPE) 2025 was held, organised by the National Electronic Catalogue Association (AKEN), an organisation that houses Electronic Catalogue industry players under the National Public Procurement Agency (LKPP). This event is the primary platform for the transformation of sustainable procurement in Indonesia,…
Strengthening Indonesia's Position in Global Supply Chains, Airlangga holds Meeting with Federation of Korean Industries
Coordinating Minister for Economic Affairs Airlangga Hartarto met with the CEO and Vice Chairman of the Federation of Korean Industries (FKI), Kim Chang-beom. During this meeting, Kim shared the details of an FKI business mission visit planned for April 2025. The purpose of the visit is to enhance bilateral business…
Indonesia aims to Expand its Variety of Export Goods to Japan
On 18 February 2025, Indonesia and Japan held the ASEAN-Japan Blue Business Matchmaking Support event, as part of the ASEAN Blue Innovation Expo. The Indonesian government is seeking to expand the variety of export products to Japan, particularly in the renewable energy sector, environmental technology, and sustainable industries. At present,…
Indonesian Property Market Showing Intriguing Dynamics
In the residential sector, purchasing power challenges persist due to high interest rates. However, the incentive of Government Borne Value Added Tax (PPN DTP) could stimulate property transactions in the near term. The commercial sector has demonstrated signs of recovery, with business activity increasing in the post-pandemic period. The industrial…
