Business News
Trade Ministry Drafts Indonesia-GCC FTA to Be Completed in 2026, Aiming for 17.4% Export Growth
Indonesia’s Ministry of Trade (Kemendag) is working on a free trade agreement (FTA) between Indonesia and the Gulf Cooperation Council (GCC) that’s targeted to be substantively completed in 2026 after the fourth round of negotiations was held recently. The GCC includes Saudi Arabia, the United Arab Emirates, Kuwait, Bahrain, Oman,…
Private Sector Key to Achieving 6.8% Growth, Deputy Finance Minister Says
Deputy Finance Minister Suahasil Nazara stated that Indonesia’s ambition to achieve economic growth of around 6–8% cannot rely solely on the state budget (APBN). Instead, the private sector plays a decisive role, alongside household consumption. He explained that private economic activities—including corporate investment and public consumption—contribute roughly 85 percent of…
Indian Navy Visit to Indonesia Strengthens Friendship and Maritime Cooperation
The Indian Navy strengthened its maritime partnership with Indonesia through a three-day port visit by ships of the First Training Squadron (1TS) at Belawan Port in January 2026. The visit aimed to enhance bilateral ties, mutual understanding, and professional cooperation between the two navies. Indian naval ships, including INS Tir,…
DJKI Partners with the Ministry of Trade to Help Geographical Indications Break into Export Markets
The Directorate General of Intellectual Property (DJKI) under the Ministry of Law is now working closely with the Ministry of Trade’s Directorate General of National Export Development to use geographical indications (GIs) as a tool to boost Indonesia’s exports. After a recent increase in GI registrations within ASEAN, DJKI plans…
