ASEAN SME NEWS

 
Latest ASEAN news

Indonesia Becomes A Regional Trade Hub

Indonesia is strategically positioned to become a hub for Islamic trade and investment in the Asia-Pacific region, particularly with the recent launch of the B57+ Asia-Pacific Regional Chapter. This initiative aims to enhance connections among producers, financiers, and markets.

Arsjad Rasjid, the chairman of the Indonesian Business Council's supervisory board, remarked, “Indonesia has geographical advantages and earned the trust of Muslim countries. We are prepared to link Muslim businesspeople with real business opportunities, ranging from partnerships to significant investments.”

He highlighted that while the Islamic world has a vast market scale, a considerable population, and robust production capacity, it remains fragmented in terms of trade and investment connectivity. The B57+ Asia-Pacific Regional Chapter, therefore, is intended to serve as an inclusive, practical, and execution-oriented business platform for all economic sectors.

Religious Affairs Minister Nasaruddin Umar emphasized that the B57+ initiative aligns with the principles of Islamic economics, which focus on justice, cooperation, and strong connections to the real sector. He also pointed out the importance of the halal economy in fostering Indonesia’s economic growth and addressing the needs of the business community.

“The halal economy is a key driver of Indonesia's economy. With a large and fully integrated market from upstream to downstream, it has the potential to stimulate growth, expand access to financing, and enhance Indonesia’s competitiveness in global value chains,” he stated.

Read more: Click!

February 27, 2026