Business News
Indonesia's Textile Industry Gets a Breath of Fresh Air Thanks to the IEU-CEPA Agreement
Anne Patricia Sutanto, Deputy Chairperson for Trade at the Indonesian Textile Association (API), welcomed the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA). She stated that this agreement will boost investment and increase national textile exports to the European Union (EU) market. After nearly 10 years of exploration and negotiation, the…
Indonesia-Europe Free Trade Agreement Brings Together 700 Million Consumers Worth IDR 975 Trillion
The Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) will open up market access for both parties, nearly 2.5 times the Indonesian market. According to Rosan Perkasa Roeslani, Minister of Investment and Downstream Development/Head of the Investment Coordinating Board (BKPM), the agreement will be signed in September 2025. "Then we will…
Pelindo Records 13.64% Surge in Export-Import Container Flow in the First Semester of 2025
PT Pelindo Terminal Petikemas recorded a significant surge in export-import container flows during the first semester of 2025. International container volume reached 2.1 million TEUs, up 13.64 % compared to the same period last year of 1.8 million TEUs. This growth consisted of 1.01 million TEUs of exports and 998…
Carbon as a New Asset: OJK Guides Financial Sector to Understand Carbon Market Mechanism
Indonesia's Financial Services Authority (OJK) launched a guidebook titled "Understanding Carbon Trading for the Financial Services Sector", aimed at strengthening the role of financial institutions in the national transition to a low-carbon economy. Chairman Mahendra Siregar emphasized the urgency of climate crisis solutions and the role of carbon trading. The…