Business News
Ramadan and Eid Al-Fitr Momentum Fuels Growth in National Halal Industry
The arrival of the Ramadan and Eid al-Fitr season is expected to serve as a significant catalyst for the accelerated growth of Indonesia's national halal industry. Increased domestic consumption during this holy month traditionally drives higher demand across various sectors, particularly in halal food, modest fashion, and herbal products. Industry…
Navigating Regulatory Challenges: Protecting the Tobacco Industry Amidst New Policies
The Indonesian tobacco industry is currently facing significant pressure due to the derivative regulations of Government Regulation (PP) No. 28 of 2024. Business associations and industry stakeholders have expressed deep concerns regarding the potential economic impact of these restrictive measures on the entire supply chain. There is an urgent call…
KITE IKM Facility Helps Pekalongan Garment Industry Reach Export Markets
Indonesia’s bonded zone facility for small and medium industries (KITE IKM) is helping strengthen the competitiveness of the garment sector in Pekalongan by facilitating easier access to international markets. Through this program, businesses receive incentives such as import duty exemptions and simplified customs procedures for raw materials used in export-oriented…
Government Prepares National Oil Storage Investment to Strengthen Energy Security
The Indonesian government is preparing a major investment initiative to develop national oil storage infrastructure as part of its strategy to strengthen long-term energy security. The plan, led by the Ministry of Energy and Mineral Resources, focuses on building large-scale storage facilities to increase the country’s strategic fuel reserves and…
