Business News

Ministry of Industry: Processing Industry Contributes 72,55% of National Exports

The Ministry of Industry (Kemenperin) has highlighted that the manufacturing (non-oil & gas) sector continues to play a pivotal role in Indonesia’s export performance.  All Chemical, Pharmaceutical, and Textile Industry (Industri Kimia, Farmasi dan Tekstil/IKFT) subsectors from the processing/manufacturing industry accounted for 72.55% of the country’s total exports, amounting to…

Deputy Minister of Tourism Stated The Economic Impact of MotoGP Indonesia in The Mandalika Circuit Reached IDR 4.8 trillion

The Deputy Minister of Tourism, Ni Luh Enik Ermawati, stated that the economic impact of the MotoGP event at Mandalika Circuit (held 3–5 October 2025 in Lombok Tengah, NTB) is estimated to reach IDR 4.8 trillion. Ni Luh Enik Ermawati stated that hotels in the area were fully booked and…

Islamic Entrepreneurial Ecosystem Development Program Officially Launched, Boosting Indonesia's Economy

The Islamic Entrepreneurial Ecosystem Development program has officially been launched to strengthen Indonesia’s economy through productive and sharia-based entrepreneurship. Initiated by the National Committee for Sharia Economy and Finance (Komite Nasional Keuangan Ekonomi Syariah/KNEKS) in collaboration with PUM Netherlands, the program aims to build a comprehensive ecosystem that supports business…

East Java and US Strengthen Cooperation in Education, Health, and Investment

The government of East Java and the United States are exploring strategic partnerships in education, health, and investment as part of efforts to enhance regional development and strengthen bilateral cooperation. The initiative follows a meeting between East Java Governor Khofifah Indar Parawansa and US Consul General in Surabaya Chris Green,…
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