Business News
Bank Indonesia Projects Strong 5.2% Economic Growth in Q1 2026
Bank Indonesia (BI) projects Indonesia’s economic growth in the first quarter of 2026 to reach around 5.2%, reflecting solid domestic economic resilience. The outlook is primarily supported by strong household consumption and government spending, particularly during the Ramadan and Eid periods, which traditionally boost economic activity across sectors such as…
Indonesia Introduces Import Duty Incentives for Aircraft Spare Parts to Boost Aviation Efficiency
The Indonesian government is preparing a policy to reduce operational costs in the aviation sector by setting import duties on aircraft spare parts at 0%. This initiative is designed to help airlines manage rising expenses, particularly amid increasing global fuel prices driven by geopolitical tensions. By lowering maintenance costs, the…
Indonesia Strengthens Global Fertilizer Supply Amid Geopolitical Tensions in the Strait of Hormuz
Indonesia is taking proactive steps to stabilize the global agricultural supply chain by strengthening its position as a reliable fertilizer exporter amidst ongoing tensions in the Strait of Hormuz. The government has directed national producers to optimize their output capacity to compensate for potential disruptions in Middle Eastern logistics routes.…
Indonesia’s Footwear Industry Shows Robust Growth as Summit 2026 Targets Global Investors
The Indonesian footwear industry is experiencing a significant upward trend, marked by increasing production volumes and a strengthening presence in the international market. To capitalize on this momentum, the Footwear Summit 2026 has been strategically designed to attract a new wave of global investors to the archipelago. Industry stakeholders emphasize…
