Business News
Expand Export Opportunities: 10 Local Handicraft SMEs Showcase in Germany
The Ministry of Industry is actively supporting the development of the halal industry in Indonesia to enhance competitiveness and tap into global markets. With Muslims in Indonesia spending USD 184 billion in 2020, projected to increase by 14.96% to USD 281.6 billion by 2025, the country holds the title of…
The Ministry of Industry Endeavors to Develop the National Halal Industry
The Ministry of Industry continues its efforts to develop the halal industry in Indonesia. The domestic market indicates that Indonesian Muslims spent USD 184 billion in 2020, projected to increase by 14.96% in 2025 to USD 281.6 billion, making Indonesia the world's largest halal market with an 11.34% share of…
The Investment Potential of Bioeconomy in Indonesia Could Reach USD 45.4 Billion
The future holds substantial market potential for the downstreaming and development of nature-based or bioeconomy products, projected to contribute up to 37% to the emissions reduction needed for limiting global warming to 1.5 degrees Celsius. Investments in these innovations are expected to reach USD 1.8 trillion between 2020 and 2030,…
Exceeding Target, Investment Realization in Tegal Regency Reaches IDR 2.04 Trillion in 2023
In 2023, Tegal Regency saw investment realization amounting to IDR 2.04 trillion, surpassing the set target of IDR 1.6 trillion by 127.47%. Kosim, the Head of Data Control and Management at DPMPTSP Tegal Regency, expressed optimism due to this positive trend, attributing it to the region's appeal as an investment…
