Business News
President Prabowo Optimistic Agricultural Innovation Will Fast-Track Indonesia’s Evolution into a Global Rice Granary
President Prabowo Subianto expressed strong optimism that Indonesia is well on its way to transforming into a premier global rice granary (lumbung padi dunia), driven by a nationwide wave of agricultural innovation. Speaking on the strategic trajectory of the country's farming sector, the Head of State emphasized that achieving complete…
Indonesia's Textile Sector Draws 20 Triliun Rupiah Investment as Factories Shift toward Smart Manufacturing
Data from the Ministry of Industry shared during the Indo Intertex-Inatex 2026 exhibition indicates that Indonesia's textile and textile products (TPT) sector successfully secured 20.23 trillion rupiah in investments and currently employs approximately 3.96 million workers. This heavy influx of capital underscores the sector's continued role as a pillar of…
BRIN Highlights the Textile Industry as a High-Priority Strategic Pillar for the National Economy
The National Research and Innovation Agency (BRIN) has reaffirmed that the textile and clothing industry remains one of the most critical strategic sectors driving Indonesia's macroeconomic stability and industrial workforce growth. As a labor-intensive manufacturing powerhouse, the sector plays an invaluable role in the domestic economy by absorbing millions of…
Indonesian Steel Penetrates Premium US and European Export Markets
Indonesia’s domestic steel industry has achieved a major international breakthrough as high-grade steel products successfully penetrated competitive markets across the United States and Europe. This export expansion underlines a significant upgrade in production capabilities among local steel manufacturers, who have steadily adapted to meet the stringent technical specifications, structural safety…
