SBF, KADIN roll out GenAI platform for Singapore-Indonesia trade

The trade AI Advisor forms part of a two-year MoU supporting cross-border SMEs.

The Singapore Business Federation (SBF) and the Indonesian Chamber of Commerce and Industry (KADIN) will roll out a generative artificial intelligence (AI) platform to support cross-border trade.

The Trade AI Advisor Indonesia platform forms part of the digital enablement pillar under a two-year memorandum of understanding (MoU) signed by SBF and KADIN on 6 July.

The MoU also covers policy engagement through business forums and roundtables, as well as capability building through business matching and workshops.

The chambers said the partnership is aimed at expanding cross-border trade opportunities for Indonesian small and medium-sized enterprises.

Both sides also discussed further cooperation in sustainability and decarbonisation, including the sharing of regional approaches.

SBF and KADIN reviewed progress under the agreement during a meeting led by Edi Prio Pambudi, Deputy for Coordination of Economic Cooperation and Investment at Indonesia’s Coordinating Ministry for Economic Affairs.

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