Business News
Indonesian Instant Noodle Exports to Canada Soar 75%
Indonesian instant noodle exports to Canada recorded a significant increase in 2024, with growth of approximately 75% compared to the previous year. According to data from the Indonesian Embassy in Ottawa, the export value reached USD 4.94 million, or approximately IDR 79.6 billion, up from USD 2.82 million in 2023.…
IP-CEPA Comes into Effect, Trade with Peru Targeted to Reach IDR 15.6 Trillion
The Indonesia–Peru Comprehensive Economic Partnership Agreement (IP-CEPA) has officially taken effect. Minister of Trade Budi Santoso aims for bilateral trade to reach USD 960 million (around IDR 15.65 trillion), doubling the 2024 figure of USD 480.7 million. Last year, Indonesia exported goods worth USD 331.2 million to Peru and imported…
Boosting Economic Growth, Minister Supratman Launches MSME-Friendly Program
On August 13, 2025, Minister of Law Supratman Andi Agtas launched an Intellectual Property (IP)-based financing program for MSMEs during the opening of IPXpose Indonesia 2025 at SMESCO Jakarta. The initiative allows IP certificates—such as trademarks, patents, industrial designs, and copyrights—to be used as collateral for bank loans. This breakthrough…
The Indonesian Foreign Minister and WIPO Director General Agree to Strengthen Intellectual Property Cooperation
On 12 August 2025, the Indonesian Foreign Minister Sugiono welcomed the Director General of the World Intellectual Property Organization (WIPO), Daren Tang, to the Ministry of Foreign Affairs office in Jakarta. The meeting focused on the development of Indonesia's innovation ecosystem and opportunities to leverage intellectual property to drive national…
