Business News
Indonesia Distributes USD 648 Million in Subsidies to Boost Palm Oil Replanting
Indonesia’s Estate Crop Fund (BPDP) has so far allocated IDR 10.89 trillion (USD 648.60 million) in subsidies to support smallholder palm oil farmers in rejuvenating aging plantations and enhancing productivity, according to official remarks. The initiative, part of a long-standing replanting programme launched in 2017, aims to widen its positive…
Indonesia's Science-Based Aesthetics Industry Projected to Reach IDR 165 Trillion Value
The science-based aesthetics industry in Indonesia is showing significant strengthening as public awareness increases regarding the importance of long-term skin safety and treatment effectiveness. Industry players are now focusing more on scientifically proven medical solutions rather than merely pursuing instant results that pose health risks. This sector is expected to…
PT Teng Fei Glory Indonesia Successfully Exports 10,000 Pairs of Shoes to Spain
PT Teng Fei Glory Indonesia, a footwear manufacturing company based in Tegal City, achieved a significant milestone by conducting its inaugural export of 10,840 pairs of Joma brand shoes to Spain in early February 2026. The export release of two containers was personally officiated by the Mayor of Tegal, accompanied…
Manufacturing Industry Grows 5.15 Percent in 2025, Reaching Highest Level Since Pandemic
The Indonesian processing or manufacturing industry showed outstanding performance by growing 5.15 percent annually throughout 2025. This achievement represents the highest growth rate since the pandemic and reaffirms manufacturing's role as the primary backbone of the national Gross Domestic Product (GDP), contributing nearly 19 percent. This robust growth was driven…
