Business News
Indonesia Prepares Contingency Plan if High Oil Prices Persist
Indonesia is preparing a contingency strategy to manage potential economic pressures if global oil prices remain elevated for an extended period. The government is prioritizing fiscal discipline and monitoring global developments closely, particularly amid geopolitical tensions that could disrupt energy supply and increase crude prices. Officials emphasized that current conditions…
Indonesia Expands Modest Fashion to Capture Global Demand
Indonesia is strengthening its position in the global modest fashion industry by encouraging designers and small businesses to expand internationally and respond to the rising global demand for halal lifestyle products. The government, through the Ministry of Industry, highlights that modest fashion is becoming a major global trend supported by…
Kendal Industrial Park Attracts 139 Companies as Infrastructure Development Accelerates
The Kendal Special Economic Zone (SEZ) has successfully attracted 139 companies, marking a significant milestone in Central Java’s industrial expansion. Currently, 37 new factories are under active construction and are strategically scheduled to commence operations by next year. This rapid growth reflects strong investor confidence in the region's integrated infrastructure…
Indonesia’s Craft Exports Reach 806USD Million as Ministry Strengthens SME Market Access
The Indonesian Ministry of Industry reported that the nation’s craft exports achieved a significant value of 806 USD million, reflecting the robust global demand for local artisanal products. This impressive performance highlights the resilience and creativity of small and medium-sized enterprises (SMEs) in penetrating competitive international markets. To sustain this…
