Business News
Surabaya Investment Reaches IDR 31 Trillion, City Remains Attractive to Investors
Surabaya has recorded strong investment performance, with total realized investment reaching IDR 31.3 trillion during the first three quarters of 2025. This achievement is driven by streamlined licensing processes and enhanced public facilities, making the city a continued magnet for investors. The total investment represents significant progress toward the annual…
Global Manufacturing Investment Continues to Rise Beyond Java
Indonesia is experiencing a significant shift in foreign direct investment toward the manufacturing sector, with Minister of Industry Agus Gumiwang Kartasasmita highlighting that investment trends for 2026 will increasingly rely on secondary industries such as metals, chemicals, machinery, and electronics. This momentum, driven by stronger industrialization policies under President Prabowo’s…
Indonesia Promotes Traditional Tuna Fishing to Safeguard Sustainable Supply
Indonesia is strengthening its leadership in the global tuna industry by promoting huhate, a traditional pole-and-line fishing method recognized for its efficiency, selectivity, and minimal environmental impact. Supported by the Indonesia Tuna Consortium (TC) and the Indonesian Pole & Line and Handline Fisheries Association (AP2HI), the method is valued not…
Indonesia Proposes HS Code List for Products Requiring Mandatory Halal Certification
Indonesia has submitted a draft decree to the World Trade Organization outlining the establishment of a Harmonized System (HS) code list for products subject to mandatory halal certification. The proposal—announced on November 6, 2025—covers food and beverages, food additives, cosmetics, and natural medicine products. The HS list is intended to…
