Business News

Indonesia Ranks Sixth Among Global Footwear Exporters with USD 5.16 Billion in Exports

Indonesia’s footwear exports surged to USD 5.16 billion between January and August 2025, up 11.89% from USD 4.61 billion in the same period of 2024, according to the Ministry of Industry. The leather, leather goods, and footwear sector grew 8.31% year-on-year in the second quarter of 2025, surpassing national economic…

34 Investors Commit IDR 5 Trillion Investment in Central Java

The Central Java Investment Business Forum (CJIBF) 2025, organized by the Central Java Provincial Government, successfully attracted 34 investors ready to invest a total of IDR 5 trillion in the province. Governor Ahmad Luthfi emphasized that the investors have already signed memorandums of understanding (MoUs) with local governments as part…

Indonesia’s Spice Trade Mission to the Netherlands Secures USD 14.6 Million in Potential Deals

Indonesia’s Ministry of Trade successfully concluded its trade mission, “Where Spices Tell Stories,” in the Netherlands from October 29 to November 1, 2025, securing potential transactions worth USD 14.6 million (approximately IDR 239.4 billion). This achievement signals strong European interest in Indonesian spices and seasonings, reflecting optimism for the country’s…

Indonesia’s Palm Oil Exports Rise by 32.4%

Indonesia’s export value of crude palm oil (CPO) and its derivatives soared by approximately 32.4% in the first nine months of 2025, compared to the same period last year. The Central Statistics Agency (BPS) reported that exports reached USD 18.14 billion between January and September, up from USD 13.7 billion…
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