Business News
Indonesia Launches Simultaneous Exports from Eight Provinces Worth IDR 978 Billion
Indonesia’s Minister of Trade, Budi Santoso, officially launched a nationwide export release conducted simultaneously from eight locations across eight provinces, with a total value reaching USD 58.77 million, equivalent to approximately IDR 978 billion. The initiative involved 31 companies ranging from large manufacturers to micro, small, and medium enterprises (MSMEs),…
Indonesia’s Luggage and Bags Market Exceeds USD 2.5 Billion, Signaling Strong Growth Potential
Indonesia’s luggage and bags retail and exports market has surpassed the USD 2.5 billion mark, reflecting robust expansion driven by rising domestic consumption, a thriving travel and tourism sector, and a growing middle-class population. According to a recent market outlook released by Ken Research, demand is increasing across both affordable…
Indonesia Accelerates Digital Infrastructure Investment to Strengthen Economic Growth
Indonesia is ramping up investment in digital infrastructure as part of a broader strategy to reinforce its digital economy and sustain its positive growth momentum. The government has announced a new stimulus package for the coming year, targeting high-impact sectors and long-term initiatives aligned with the Golden Indonesia 2045 vision.…
Indonesian Palm Oil Consumption and Exports Increase Significantly in 2025, Reaching 18.5 Million Tons
Indonesia’s palm oil industry showed a strong performance throughout 2025, with both domestic consumption and exports rising significantly, data from the Indonesian Palm Oil Association (GAPKI) revealed. From January to September 2025, domestic consumption of palm oil reached 18.5 million tons, marking a 5.13% increase compared to the same period…
