Business News
Indonesia Plans to Expand Export Markets to Africa
On 12 August 2025, the Minister of Trade, Budi Santoso, stated that Indonesia would continue to expand its export markets for domestically produced goods beyond Europe, America, and Latin America, as well as Africa. In pursuit of its strategic objective to expand Indonesian exports to Africa, the Indonesian government has…
Indonesia Exports Thousands of Tons of Gravel, a Commodity in High Demand in the United States and Japan
Gravel is one of Indonesia's major export commodities. According to the Indonesia Statistics (Badan Pusat Statistik/BPS) 2020–2024 Export Commodity Analysis, in 2024, the value of Indonesia's gravel exports reached USD 55.3 million (around IDR 900 billion). Over the past five years, the value of gravel exports has grown relatively stable.…
Indonesia and ASEAN Aim to Complete Substantive ASEAN DEFA This Year
Indonesia, together with ASEAN member states, is targeting the substantive completion of the ASEAN Digital Economy Framework Agreement (DEFA) in 2025. The initiative, discussed at the 48th High Level Task Force on ASEAN Economic Integration (HLTF-EI) in Malaysia, seeks to harmonize digital economy regulations across the region to accelerate growth.…
MSME Business Matching Transactions Reach IDR 1.46 Trillion by July 2025
Over the course of seven months, the Ministry of Trade's business matching program for exporting micro, small, and medium enterprises (MSMEs) products has successfully recorded total transactions worth USD 90.04 million, or approximately IDR 1.46 trillion. This figure consists of purchase orders (POs) of USD 55.09 million and potential transactions…
