Business News
President Prabowo Releases First Export of 1,200 Tons of Corn to Malaysia, the Beginning of the Journey to the World's Food Barn
President Prabowo Subianto officially released the departure of the first export of 1,200 tons of corn from Bengkayang Regency, West Kalimantan, to Kuching, Malaysia, on Thursday (05/06/2025). In his remarks, President Prabowo expressed his appreciation for the first export. The Head of State said that the momentum of this export…
The Textile Industry Hopes for the Immediate Issuance of Protective Regulations for MSMEs in the Garment Sector
The Indonesian Textile Association (API) is urging the immediate issuance of a new Ministry of Trade Regulation (Permendag) governing import policies and procedures, particularly concerning the textile and textile product (TPT) industry, with a focus on ready-made garments. API Chairman Jemmy Kartiwa Sastratmaja warned that the prolonged revision process of…
Fashion Emerges as a Key Driver of East Java's Creative Economy
Acting Governor of East Java, Emil Elestianto Dardak, emphasized that fashion has become one of the top contributors to the region’s creative economy. In 2023, East Java’s creative economy generated IDR 300 trillion in added value, with nearly 10% coming from fashion alone. More than just a cultural expression, fashion…
Specialty Chemicals Industry Set to Drive Economic Transformation
The Ministry of Industry is pushing the specialty chemicals sector to become a key driver of Indonesia’s industrial transformation. These products are considered strategically vital as they support a wide range of sectors, from processed foods and oil & gas to petrochemicals, paints, inks, and ceramics. According to Taufiek Bawazier,…
