#International Trade
FM Sugiono meets Thai Ambassador, discuss strengthened bilateral relations
Minister of Foreign Affairs Sugiono met with Ambassador of the Kingdom of Thailand, Prapan Disyatat, at the Indonesian Ministry of Foreign Affairs on Tuesday, March 12, 2025 discussing measures to strengthen bilateral Indonesia-Thailand cooperation in light of the 75th anniversary of diplomatic relations between both nations this year.
Malaysia’s Thong Guan Industries confirms US$7 million investment in KIT Batang
Malaysian plastic packaging manufacturers, Thong Guan Industries Bhd., has confirmed its US$ 7 million (Rp115 billion) commitment to invest in the Batang Integrated Industrial Estate (KIT Batang) in Central Java, Indonesia.
Muhammad Lutfi
Muhammad Lutfi was born in 1969 in Jakarta to a husband and wife, Firdaus Wadjidi and Suhartini. He is the current Minister of Trade. In his youth he was educated at Purdue University, Indiana, United States and graduated from the university in 1992. There he met with Erick Thohir and Sandiaga Uno.
Govt targets US$18.84 B in MSME exports by 2025 via inter-ministerial collaboration
The Ministry of Trade is targeting exports of micro, small and medium enterprises (MSMEs) to 33 countries to reach US$18.84 billion (Rp306.52 trillion) in 2025, a 12.54 percent incfrease from 2024.
Trade surplus strengthens economic resilience: BI
The Indonesian Central Bank (BI) has assessed that the trade balance surplus in November 2024 was positive to support the external resilience of the Indonesian economy.
Rosan to follow up on US$8.5 B investment commitment from UK companies
Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani says that he will immediately follow up on the US$8.5 billion investment commitments from 10 British companies as a result of President Prabowo Subianto's visit to the UK on November 21-22, 2024.
SCF and IPO, complementary funding platforms for companies: IDX
The Securities Crowdfunding (SCF) and Initial Public Offering (IPO) schemes are the two main instruments offered by the Indonesian capital market to support corporate funding, a senior official at the Indonesia Stock Exchange (IDX) has said.
PT Rainbow Tubulars set to boost production for domestic, export markets
Seamless steel tube producer PT Rainbow Tubulars Manufacture (RTM), a subsidiary of PT Sunindo Pratama (SUNI), has set the target for the new plant under construction to operate commercially in third quarter of 2025.
Mayora explores and attempts expansion of its market to Nigeria
PT Mayora Indah Tbk (MYOR) is trying to explore and expand its market to Nigeria, West Africa, through Mayora Nigeria Ltd.
Government prepares incentives for exporters in relation to new foreign exchange policy
Following the recent policy on mandatory deposit of foreign exchange originated from export, the government is planning to provide more appealing incentives for exporters who complied with the policy.
Indonesia, Malaysia, and EU establish an ad hoc Joint Task Force to discuss further implementation of the EU Deforestation Regulation
Indonesia, Malaysia, and the European Union (EU) have reached an agreement to establish an Ad Hoc Joint Task Force (JTF) concerning the European Union Deforestation Regulation (EUDR). This agreement was reached after the three parties held a meeting in Jakarta on Friday, August 4, 2023.
Indonesia threatens to shift dairy import from EU to Australia
Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Pandjaitan, has issued a warning of potentially redirecting dairy imports from the European Union (EU) to other countries like Australia.