Business News
Textile and Footwear Exports Rise, Government Policies Boost Industry Confidence
In 2025 the Indonesian textile (TPT) and footwear sectors are showing promising signs of revival. From January to August, textile exports reached USD 8.01 billion (a 0.24% increase year-on-year), while footwear exports climbed 11.89% to USD 5.16 billion—bringing the combined figure to USD 13.17 billion, up 4.51% from the same…
Maximizing the Potential of the MICE Industry: The Ministry of Tourism Presents SEABEF and WITF 2025
The Indonesian Ministry of Tourism is stepping up efforts to strengthen its Meeting, Incentive, Convention, and Exhibition (MICE) industry by organizing two flagship events in 2025: the Southeast Asia Business Events Forum (SEABEF) and the Wonderful Indonesia Tourism Fair (WITF). These events are intended to elevate Indonesia’s global standing in…
Energy Transition as a New Engine of Economic Growth
Indonesia’s push for energy transition is being framed as more than just environmental policy—it’s envisioned as a catalyst for strong, inclusive economic growth. The government, under President Prabowo, aims to reach an 8% economic growth rate and fulfill the vision of Indonesia Emas 2045, and sees accelerating the move toward…
Legislators Urge Government to Quickly Issue Government Regulation Derivatives of the Mineral and Coal Mining Law
A member of Indonesia’s House Commission XII, Ratna Juwita Sari, is pressing the government to immediately enact regulations (Government Regulations, or PP) under the new Mineral and Coal Mining Law (UU Minerba). She emphasizes that all derivative rules must be issued no later than six months after the law’s enactment—per…
