Business News

Trade Ministry Facilitates Essential Oil Transactions Worth IDR 2 Billion with Russia

The Indonesian Ministry of Trade (Kemendag), through its Trade Attaché in Moscow (Atdag RI), has successfully facilitated a potential essential oils export deal to Russia valued at approximately USD 123,400—or around Rp 2.01 billion. This opportunity emerged following outreach efforts to participants of the Global Ingredients Show in Moscow (15–19…

S'RASA, a New Initiative by the Inter-Ministerial Synergy, Presents a Culinary Diplomacy of Indonesia Through Spices and Flavours

On 28 August 2025, the Indonesian Spice Flavour Program (Program Rasa Rempah Indonesia/S'RASA) was officially inaugurated at Skydeck Sarinah, Thamrin, Jakarta. To mark the commencement of the S'RASA program collaboration, a cooperation agreement was signed at the launch by six ministries, including the Ministry of Trade, the Ministry of State-Owned…

Indonesian Horticultural Exports Experience Significant Growth, Reaching IDR 55 Trillion

In Q1 of 2025, the Directorate General of Horticulture of the Ministry of Agriculture reported a 49% increase in horticultural exports compared to the same period in 2024. This figure indicates that the government's strategy of reducing imports while boosting exports is beginning to yield positive results. Minister of Trade…

The Indonesia Eximbank Launches Central Java Export Strategy Book

The Indonesia Eximbank Institute has released a publication titled "Central Java Dares to Go Global," (Jawa Tengah Berani Mendunia), a comprehensive study outlining strategies to position Central Java as a dominant player in the global market. This book was compiled through cross-institutional collaboration. The study provides insights into the economic…
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