Business News

The ILF & IGT Expo 2025 Officially Launched, Stimulating Growth in the Leather and Footwear Sector

From 14–16 August 2025, the Indo Leather & Footwear (ILF) Expo 2025 was held alongside the Indo Garment Textile (IGT) Expo 2025 at JIExpo Kemayoran. In its 18th year, the ILF Expo 2025 returns as an international exhibition and strategic platform for the leather and footwear industry. With over 280…

Indonesia Aims to Become the Primary Palm Oil Exporter to Canada

Indonesia’s Agriculture Minister, Andi Amran Sulaiman, expressed the country’s ambition to become the leading supplier of crude palm oil (CPO) to Canada, moving up from its current position as the second-largest exporter. This statement was made after his meeting with Canada’s Minister of Agriculture and Agri-Food, Heath MacDonald, in Jakarta,…

CPO Exports in the First Half of 2025 Increase in Dumai

In the first half of 2025, Dumai’s crude palm oil (CPO) and its derivatives exports surged to 3.8 million tons, marking a 127% year-on-year increase. This significant rise was accompanied by export revenues amounting to US$3.4 billion, with Pakistan, China, and Vietnam emerging as the primary importers. Consequently, the government’s…

Indonesia Targets 5.4% Economic Growth in 2026 Through Investment and Exports

Indonesia’s government is unveiling a strategic plan to achieve a 5.4% economic growth target for 2026, as announced by President Prabowo Subianto. Finance Minister Sri Mulyani Indrawati emphasised investment as the primary engine for growth, citing collaboration between the Finance Ministry and the Ministry of Home Affairs to bolster local…
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