Business News
Indonesia’s Foreign Ministry Champions Global Expansion of Halal Products
Acting Director for Southeast Asia at Indonesia’s Ministry of Foreign Affairs, Dewi Justicia Meidiwaty, emphasized that growing global awareness of halal products has positioned Indonesia to take a leading role in the trillion-dollar global halal industry. Speaking at the “Halal Indonesia Go Regional” forum in Surabaya, Meidiwaty highlighted that Indonesia's…
Indonesia and Saudi Arabia to Enhance Trade Cooperation
Indonesia and Saudi Arabia are poised to strengthen their trade ties following a virtual meeting between Indonesia’s Trade Minister Budi Santoso (“Busan”) and Saudi Arabia’s Trade Minister Majid bin Abdullah Al-Kassabi. In 2024, bilateral trade reached approximately US$6.6 billion—Indonesia exported goods worth US$2.6 billion, while imports stood at US$4.4 billion.…
Manufacturing Industry Has Opportunity to Improve Export Performance
In July 2025, Indonesia’s manufacturing Purchasing Managers Index (PMI) rose to 49.2—still below the 50-point expansion threshold, but showing notable improvement from June's 46.9, suggesting a slower pace of contraction. Concurrently, the Industrial Confidence Index (IKI) climbed to 52.89 from 51.84. This improvement was supported by three key indicators: the…
Indonesia Sees Investment Growth Outside Java Island in the First Half of 2025
In the first half of 2025, Indonesia achieved a total investment realization of approximately IDR 942.9 trillion—a year-on-year increase of 13.6%—which accounted for nearly half of the annual target of IDR 1,905.6 trillion. Domestic investment led the way, contributing 54.1%, while foreign investment made up 45.9%. Notably, investments directed to…
