Business News
Indonesia Encourages D-8 to Produce Concrete Economic Cooperation
Indonesia has reaffirmed its commitment to push for more concrete economic cooperation within the Developing Eight (D-8) economic cooperation organization, according to Tri Tharyat, Director General of Multilateral Cooperation at the Indonesian Foreign Ministry. Speaking at a policy direction and priority setting event in Jakarta, he noted that all D-8…
Indonesia and Belarus Strengthen Strategic Partnership in Agriculture and Technology
The governments of Indonesia and Belarus are intensifying bilateral cooperation in the technology and agriculture sectors to bolster Indonesia's national food security. During a recent meeting in Jakarta, Coordinating Minister for Economic Affairs Airlangga Hartarto and Belarusian Deputy Prime Minister Viktor Karankevich discussed high-level collaboration involving modern agricultural machinery, investment,…
Indonesia Launches Simultaneous Exports from Eight Provinces Worth IDR 978 Billion
Indonesia’s Minister of Trade, Budi Santoso, officially launched a nationwide export release conducted simultaneously from eight locations across eight provinces, with a total value reaching USD 58.77 million, equivalent to approximately IDR 978 billion. The initiative involved 31 companies ranging from large manufacturers to micro, small, and medium enterprises (MSMEs),…
Indonesia’s Luggage and Bags Market Exceeds USD 2.5 Billion, Signaling Strong Growth Potential
Indonesia’s luggage and bags retail and exports market has surpassed the USD 2.5 billion mark, reflecting robust expansion driven by rising domestic consumption, a thriving travel and tourism sector, and a growing middle-class population. According to a recent market outlook released by Ken Research, demand is increasing across both affordable…
