Business News
AGTI Outlines Roadmap to Strengthen the Competitiveness of the Garment and Textile Industry to the Minister of Finance
The Asosiasi Garment dan Textile Indonesia (AGTI) recently met with Purbaya Yudhi Sadewa, Indonesia’s Minister of Finance, to present a strategic roadmap aimed at reinforcing the competitiveness of the country’s garment and textile industry. In the discussion, AGTI noted the growing challenge posed by increased imports, including second-hand clothing, and…
Strengthening the Footwear Industry through BPIPI Sidoarjo
The Kementerian Perindustrian (Ministry of Industry) has inaugurated a new facility of the Balai Pemberdayaan Industri Persepatuan Indonesia (BPIPI) in Sidoarjo, East Java, as part of its efforts to bolster the domestic footwear industry. During the opening, Minister Agus Gumiwang Kartasasmita stated that the facility is designed to enhance competencies,…
Importance of Export Diversification into Higher Value-Added Goods
An economist from the Center of Economics and Law Studies (Celios), Nailul Huda, emphasises that Indonesia’s export strategy should move beyond raw commodities and shift toward goods with higher added value. He argues that relying on commodity exports poses a substantial risk: when global commodity prices fall, trade surpluses and…
Promoting Indonesian MSMEs to International Markets, PP AMPG Establishes Economic Cooperation with Malaysia
The central youth wing of Indonesia’s Pimpinan Pusat Angkatan Muda Partai Golkar (PP AMPG) has formalised an economic and educational cooperation with Malaysia’s Pemuda UMNO Malaysia during a meeting in Kuala Lumpur. According to PP AMPG Chair Said Aldi Al Idrus, the partnership aims to strengthen bilateral ties and support…
