Business News

Indonesia and Japan Formalize MRA on AEO to Boost Exports

Indonesia's Directorate General of Customs and Excise (DJBC) has officially signed a Mutual Recognition Arrangement (MRA) on Authorized Economic Operator (AEO) with Japan's Customs and Tariff Bureau (JCTB). This agreement acknowledges mutual recognition of AEO certifications, granting certified companies expedited customs procedures and reduced physical inspections in both countries. The…

Top 5 Countries with the Largest Foreign Investment Realization in Indonesia

According to the Ministry of Investment and Downstreaming/BKPM report, Indonesia’s investment realization in Q3 2025 reached IDR 491.4 trillion, an increase from previous quarters (IDR 465.2 trillion in Q1 and IDR 477.7 trillion in Q2). Foreign investment accounted for 43.1% of Q3’s total realization, reaching IDR 212 trillion. Year-to-date, total…

3 Key Factors Driving the Ministry of UMKM to Develop Mocaf as a Replacement for Imported Wheat

The Kementerian Usaha Mikro, Kecil, dan Menengah (Ministry for Micro, Small and Medium Enterprises) is intensifying efforts to develop locally-produced Modified Cassava Flour (Mocaf) as an alternative to imported wheat, driven by three main factors. First, Indonesia remains highly dependent on wheat imports because the agro-ecosystem is not well suited…

Amazing! Indonesian Tempeh Chips and Dried Fruits Break into the U.S. Market

A major success story is unfolding for Indonesian micro, small and medium enterprises (UMKM), thanks to the support from Lembaga Pembiayaan Ekspor Indonesia (LPEI/Indonesia Eximbank). Through the “Coaching Program for New Exporter (CPNE)” initiated in 2024, an aggregator company, PT Makbul Abadi Semestar, has helped more than 50 UMKM partners…
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