Business News
Indonesia Unveils USD 500 Million Integrated Shrimp Hub Aiming for 53,000t Annual Output
Indonesia’s government has launched a flagship aquaculture initiative — a USD 500 million integrated shrimp farming hub in Waingapu, East Sumba, East Nusa Tenggara Province — designed to bolster the nation’s seafood production and export capacity. The large-scale Integrated Shrimp Farming complex spans about 2,150 hectares and will support both…
Cooperatives Set to Become Key Drivers of Indonesia’s Economy by 2026
Indonesia is strengthening the role of cooperatives as significant economic engines, with government leaders projecting they will become one of the country’s primary drivers of national growth by 2026. The Ministry of Cooperatives highlighted that new strategies, broad policy support, and collaboration across public sectors are enhancing cooperatives’ competitiveness and…
Lunar New Year Holiday Expected to Generate Over USD 500 Million for Indonesia
Indonesia’s Lunar New Year holiday in 2026 is projected to generate more than USD 500 million, equivalent to approximately IDR 9 trillion, driven by strong consumer spending during the two-day national break. The festive period is anticipated to stimulate key sectors such as transportation, hospitality, retail, and food and beverage,…
Halal Industry Development: Indonesia’s Strategic Move to Dominate Global Markets
The Indonesian government has identified the development of the halal industry as a core national strategy to enhance competitiveness in the global arena. As the country with the world’s largest Muslim population, Indonesia is leveraging its immense domestic potential to become a global halal hub. This initiative focuses on certifying…
