Business News
Lunar New Year Holiday Expected to Generate Over USD 500 Million for Indonesia
Indonesia’s Lunar New Year holiday in 2026 is projected to generate more than USD 500 million, equivalent to approximately IDR 9 trillion, driven by strong consumer spending during the two-day national break. The festive period is anticipated to stimulate key sectors such as transportation, hospitality, retail, and food and beverage,…
Halal Industry Development: Indonesia’s Strategic Move to Dominate Global Markets
The Indonesian government has identified the development of the halal industry as a core national strategy to enhance competitiveness in the global arena. As the country with the world’s largest Muslim population, Indonesia is leveraging its immense domestic potential to become a global halal hub. This initiative focuses on certifying…
President Prabowo to Streamline Export Access and Regulations to Boost Economic Activity
President Prabowo Subianto has announced a strategic move to accelerate national economic growth by simplifying export procedures and cutting through bureaucratic red tape. This initiative is designed to empower local businesses, particularly those in the manufacturing and agricultural sectors, to compete more effectively in the global marketplace. By removing regulatory…
BPDP Transformation: Three Strategic Commodities Integrated into National Plantation Roadmap
The Management Agency for Plantation Funds (BPDP) is undergoing a significant transformation by integrating three strategic commodities—palm oil, cocoa, and coconut—into a unified national plantation roadmap. This expansion marks a pivotal shift in the agency's mandate, which previously focused primarily on palm oil. By broadening its scope, the government aims…
