Business News

Indonesia's IKI Rises to 52.48 in September 2024, Signaling Manufacturing Expansion

The Ministry of Industry (Kemenperin) reported that Indonesia's Industrial Confidence Index (IKI) increased by 0.08 points to reach 52.48 in September 2024. According to Kemenperin spokesperson Febri Hendri Antoni Arif, this figure indicates that Indonesia’s manufacturing sector remains in an expansion phase, with the IKI staying above the critical 50-point…

BKPM Highlights Three Major Achievements in Investment Realization (October 2019 - June 2024)

Minister of Investment/Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, announced three key accomplishments achieved from investment realizations between October 2019 and June 2024. According to BKPM data, the first achievement is the significant increase in investment realization during the "Indonesia Maju" Cabinet period compared to the same…

Indonesian Furniture Products at S/ALON Budapest 2024 Secure Potential Transaction of IDR 1.16 Billion

Indonesian export products continue to make an impression on the international market, with Indonesian furniture and decor showcased at the S/ALON Budapest 2024 from 20-22 September 2024 in Budapest Sport Arena, Hungary. The event, Hungary's largest furniture and decor exhibition, helped Indonesia record potential transactions worth USD 76.98 thousand, equivalent…

Indonesian Minister of Religious Affairs Launches Halal International Trust Organization in Japan

The Indonesian Minister of Religious Affairs, Yaqut Cholil Qoumas, has officially launched the Halal International Trust Organization (HITO), enhancing access to halal services for Indonesians residing or visiting Japan. “One of our collaborative efforts is to develop a halal ecosystem based on the Indonesian Muslim community in Japan,” Yaqut stated…
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