Business News

Indonesia Targets 2026 Finish for GCC FTA, Sets Sights on 17.4% Export Surge

On 27 January 2026, the Indonesian government — through its Ministry of Trade — held the fourth round of negotiations on the Free Trade Agreement (FTA) between Indonesia and the Gulf Cooperation Council (GCC) in Riyadh. The talks, which took place from 18–23 January, focused on advancing key elements of…

2026 Hajj, Indonesia has the Potential to Export Food & Spices Worth IDR 250 Billion

For the upcoming Hajj 2026, the Indonesian government sees a solid opportunity to export locally made food products and spices to Saudi Arabia with an estimated value of around Rp250 billion. This initiative aims to supply Indonesian pilgrims with familiar flavors while also strengthening the domestic economy by increasing demand…

Indonesian MSME Products Captivate at Toronto Market Week 2026

Indonesian micro, small, and medium enterprise (MSME) products once again drew international attention at the Toronto Market Week 2026 exhibition, held January 24–27, 2026, at The International Centre in Mississauga, Ontario, Canada. The Indonesian Pavilion was officially opened by the Indonesian Consul General in Toronto, Vevie Damayanti, along with the…

EU Eyes ASEAN Trade Pact Negotiations After 2027

The European Union (EU) has indicated that it may explore a region-to-region trade agreement with ASEAN after 2027, while continuing to focus on bilateral agreements with individual ASEAN member states as foundational steps. The EU already has trade deals with Singapore, Vietnam, and a pending Comprehensive Economic Partnership Agreement (CEPA)…
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