Business News

Minister Amran Says Surge in Rice Production Boosts National Economy

Indonesia’s Agriculture Minister, Andi Amran Sulaiman, highlighted that the recent surge in national rice production not only ensures food security but also significantly drives the country’s economic growth and improves farmers' welfare. Under his leadership, the Ministry of Agriculture achieved a historic national rice stock of 4.2 million tons as…

Indonesian Export Products from Textiles to Palm Oil Get 0% Tariff in IEU-CEPA

Indonesia and the European Union have finalized the Indonesia–European Union Comprehensive Economic Partnership Agreement (IEU-CEPA), offering a 0% tariff on major Indonesian exports, including textiles, footwear, processed foods, palm oil, and its derivatives. This benefit will take effect at the agreement’s Entry Into Force (EIF) stage. The deal covers 98%…

Indonesia and Australia Establish Strategic Partnership in the Health Sector

Indonesia and Australia have officially launched a new strategic partnership in the health sector through the signing of a Subsidiary Arrangement under the Australia–Indonesia Partnership for Health Transformation. Signed by Indonesian and Australian representatives, the initiative—named KITA SEHAT—aims to accelerate the transformation of Indonesia’s health system and support national health…

Packaging Industry Forecasts to Reach IDR 105 Trillion, Demonstrating Resilience in Challenging Economic Turmoil

The government is relying on the packaging industry, which is considered resistant to global economic turmoil and uncertainty. In 2025, global economic growth is forecast to be limited to just 3%, influenced by increased economic activity through front-loading and the reduction of effective import tariffs by the United States. Notably,…
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