Business News
Exports of Commodities from North Sulawesi Increase by 51.41 Percent, Imports of Goods Decrease
The value of commodity exports from North Sulawesi Province (Sulut) in the period from January to May 2025 was recorded at USD 506.04 million. This figure increased by 51.41 % compared to the same period in 2024. If we look specifically at the comparison between May 2025 and May 2024…
Bappenas and AFTECH Strengthen Digitalization Synergy, Drive National Economic Growth by 8%
The Ministry of National Development Planning/Bappenas together with the Indonesian Fintech Association (AFTECH) held a Digital Economy & Finance Forum entitled "From Strategy to Execution: National Digital Transformation and Business Ecosystem Synergy Towards 8% Economic Growth". This forum is a strategic event to formulate concrete steps to accelerate digital transformation…
Indonesia Expands Export Reach to High-Potential Markets: Boosting Exports to Africa
Indonesia is intensifying its export strategy by targeting Africa as a promising non-traditional market. In 2024, Indonesia’s exports to the region reached approximately USD 6.3 billion, driven primarily by palm oil and animal fats, which accounted for 50.1% of total exports. Other key commodities include paper, cardboard, and automotive products.…
Ministry of Investment to Revise Three Regulations to Simplify Business Licensing
The Indonesian Ministry of Investment is revising three key regulations under Government Regulation No. 5 of 2021 on Risk-Based Business Licensing. Deputy Minister Todotua Pasaribu stated that the revisions aim to streamline the electronic risk-based licensing system, improve licensing services, and enhance supervision. These efforts are expected to attract more…
