Business News
Indonesian Pearl Exports to Switzerland Reach USD 2.15 Billion: Signalling Huge Potential Behind Global Trends
Indonesia has successfully established pearls, turmeric, and cultured pearls as leading commodities in Switzerland, reaching an export value of up to USD 2.15 billion in 2023. This figure makes jewellery and gem products a major contributor to Indonesia's exports to the Western European market, surpassing other sectors such as precision…
Jakarta Muslim Fashion Week 2026 Targets IDR 163 billion in Fashion Transactions
On 12 August 2025, the launch of Jakarta Muslim Fashion Week (JMFW) 2026 was held in Jakarta. The theme of JMFW 2026 is "Essential Lab". The Ministry of Trade has organised JMFW 2026, with a target of generating transactions worth USD 10 million or approximately IDR 163 billion. This will…
Indonesia Has the Opportunity to Develop a Sharia Sovereign Wealth Fund with Middle Eastern Countries
Bank Syariah Indonesia (BSI) Chief Economist Banjaran Surya Indrastomo believes Indonesia has a significant opportunity to develop a Sharia-compliant sovereign investment scheme with partners from the Middle East. According to Banjaran, Indonesia already has a strong sovereign wealth fund (SWF), Danantara, in terms of capital. "We just need to create…
The Trade Office Displays Export-Ready Superior Products at South Kalimantan Expo 2025
The South Kalimantan Provincial Trade Office (Kalsel) presented a booth with an aesthetic and elegant concept at the South Kalimantan Expo 2025, which took place from August 10-15th at the South Kalimantan Provincial Government Office Complex in Banjarbaru. The booth attracted visitors thanks to its attractive visual display and the…
