Business News
PT Teng Fei Glory Indonesia Successfully Exports 10,000 Pairs of Shoes to Spain
PT Teng Fei Glory Indonesia, a footwear manufacturing company based in Tegal City, achieved a significant milestone by conducting its inaugural export of 10,840 pairs of Joma brand shoes to Spain in early February 2026. The export release of two containers was personally officiated by the Mayor of Tegal, accompanied…
Manufacturing Industry Grows 5.15 Percent in 2025, Reaching Highest Level Since Pandemic
The Indonesian processing or manufacturing industry showed outstanding performance by growing 5.15 percent annually throughout 2025. This achievement represents the highest growth rate since the pandemic and reaffirms manufacturing's role as the primary backbone of the national Gross Domestic Product (GDP), contributing nearly 19 percent. This robust growth was driven…
Danantara Initiates Six Strategic Downstreaming Projects Including the People's Livestock Sector
Danantara Indonesia has officially commenced the first phase of construction for six national downstreaming projects with a total investment value of US$7 billion, equivalent to IDR 117.8 trillion. These strategic projects are spread across 13 different locations, covering the energy, minerals, metals, and food security sectors through integrated poultry downstreaming…
Indonesia Begins Exporting 1 Million Tons of Premium Rice to ASEAN Countries
Perum Bulog has confirmed its readiness to export 1 million tons of premium quality rice to several neighboring countries in the ASEAN region in 2026. Bulog's President Director stated that the coordination process with trade representatives in destination countries has begun through virtual meetings to discuss allocation and pricing agreements.…
