INDONESIA’s outlook downgrade by Fitch Ratings reflects mounting global economic pressures stemming from escalating conflict in the Middle East, Coordinating Economic Minister Airlangga Hartarto said on Thursday. Fitch...
Business
ERINDONESIAN GOVERNMENT DENIES EASING HALAL RULES FOR US GOODS
CABINET Secretary Teddy Indra Wijaya dismissed claims that US products can enter Indonesia without halal certification, saying the reports are false and misleading. In a statement issued recently through the Cabinet...
INDONESIA’s DANANTARA TO BUY NEW LAND 600M FROM MECCA’s GRAND MOSQUE
INDONESIA’s sovereign wealth fund, Danantara, is targeting the expansion of the Hajj Village project in Mecca, Saudi Arabia, by purchasing another plot of land 600 meters from the Grand Mosque. This expansion follows...
HOTEL AND RESTO INDUSTRY IS PIVOTING BUSINESS STRATEGY IN THIS 2026
HOTEL and restaurant businesses are preparing a number of strategies to maintain business performance in 2026, amidst conditions where people’s purchasing power is still constrained. According to the General...
INDONESIA ALLOCATES US$765 MILLION STIMULUS FOR RAMADAN AND EID
THE INDONESIAN government has prepared IDR12.83 trillion (about US$765.4 million) in economic stimulus for the first quarter to support consumption during the Ramadan and the Eid al-Fitr holiday from February to March...
