Business News
Indonesia to Tighten Coal and Palm Oil Exports to Strengthen Domestic Supply
Indonesia is preparing to tighten exports of coal and crude palm oil to ensure sufficient domestic supply and strengthen national energy security. President Prabowo Subianto emphasized that producers and distributors must prioritize fulfilling domestic demand before exporting these strategic commodities, highlighting the government’s commitment to ensuring that Indonesia’s natural resources…
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…
