Today's Top 3 News: Indonesian Bonded Zone in Cirebon Claimed to Absorb Over 112,000 Workers

6 hours ago 3

September 26, 2025 | 04:29 pm

TEMPO.CO, JakartaTempo English compiled the top 3 news on Friday, September 26, 2025. Here are the highlights: Indonesian Bonded Zone in Cirebon Claimed to Absorb Over 112,000 Workers; What Benefits Will Indonesia Gain from Its Trade Deal with Canada?; and Indonesian Govt Says IEU-CEPA to Scrap 98% of Tariffs in EU Market.

The following is the list of the top 3 news on Tempo English today:

1. Indonesian Bonded Zone in Cirebon Claimed to Absorb Over 112,000 Workers

TEMPO.CO, Jakarta - The bonded zone of Cirebon, Indramayu, Majalengka, and Kuningan (Ciayumajakuning) is claimed to have absorbed more than 112 thousand workers. These workers are spread across several industries that contribute the highest export value in the region.

The Head of the Cirebon Customs Office, Abdul Rasyid, explains that the bonded zone in the region has become one of the drivers of economic growth. "As of September 2025, the number of companies enjoying the facilities has grown by almost 77 percent compared to 2022, with the footwear industry dominating," he said on Thursday, September 25, 2025.

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2. What Benefits Will Indonesia Gain from Its Trade Deal with Canada?

TEMPO.CO, Jakarta - Indonesian Trade Minister Budi Santoso expressed confidence that the signing of the Indonesia–Canada Comprehensive Economic Partnership Agreement (ICA-CEPA) will unlock wider market access and strengthen economic ties between the two nations.

“The Indonesia–Canada CEPA marks a new chapter in the economic relationship of both countries,” Budi said in a press release on Thursday, September 25, 2025.

The agreement was officially signed in Ottawa on Wednesday, September 24, by Budi Santoso and Canadian Prime Minister Mark Carney, with President Prabowo Subianto witnessing the event.

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3. Indonesian Govt Says IEU-CEPA to Scrap 98% of Tariffs in EU Market

TEMPO.CO, Jakarta - The Ministry of Trade stated that the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) can eliminate up to 98 percent of tariff lines in the European Union market.

"Eliminating up to 98 percent of the total tariffs, removing almost all trade barriers for goods and services, and opening the way for investments," said Director General of International Trade Negotiations at the Ministry of Trade, Djatmiko Bris Witjaksono, in a written statement on Thursday, September 25, 2025.

He stated that Indonesia and the EU target to implement this agreement by January 2027.

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