Business News
North Lombok Sets IDR 1.8 Trillion Investment Target, Highlighting Tourism and Agriculture as Core Pillars
The North Lombok Regency (KLU) government has officially set an ambitious investment realization target of IDR 1.8 trillion for the year 2026. To achieve this milestone, the regional administration is strategically prioritizing the tourism and agriculture sectors as the primary engines of economic growth. By leveraging its renowned natural beauty…
Government Optimistic Economic Growth Will Reach 6% in 2026 Amid Positive Momentum
The Indonesian government has expressed strong optimism that national economic growth will hit the 6% mark by 2026. This positive outlook is supported by a series of strategic fiscal policies and a significant recovery in key industrial sectors. Building on the steady growth seen in previous periods, the administration is…
Indonesia Requires All Imported U.S. Products to Be Halal Certified
Indonesia’s government has reaffirmed that all imported products from the United States must obtain halal certification before they can be sold or circulated in the Indonesian market, ensuring compliance with the nation’s Halal Product Assurance Law. The Halal Product Assurance Organizing Agency (BPJPH) stressed that even with Mutual Recognition Agreements…
Ramadan Price Controls Slow Cattle Exports, But April Growth Expected
Early 2026 cattle exports from Australia to Indonesia have been softer as the Indonesian Government introduced temporary price caps on slaughter-weight cattle during Ramadan and Lebaran to keep beef affordable for consumers. While these controls reduced feedlot sale prices below the level local feedlots are willing to pay, making exports…
