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Category: Indonesia

Philippines looks to Malaysia for revival of BIMP-EAGA, barter trade

| 10/03/2019 | Reply
Philippines looks to Malaysia for revival of BIMP-EAGA, barter trade

Malaysia has consistently been one of the Philippines’ strong trade partners, being the country’s 10th largest trading partner with a total bilateral trade at $6B.

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Opinion: Meeting demands of the Halal Industry

| 03/03/2019 | Reply
Opinion: Meeting demands of the Halal Industry

The global halal market is set to grow at an exponential rate driven by increasing demand from the Muslim as well as non-Muslim population.

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Malaysia: SimplySiti eyes 50% sales growth on higher exports

| 27/02/2019 | Reply
Malaysia: SimplySiti eyes 50% sales growth on higher exports

SimplySiti Sdn Bhd aims a 50% year-on-year (YoY) sales growth as it looks to expand its presence in the region, beginning with Indonesia by the second half of the year (2H19).

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Indonesia: Bank Indonesia Develops Halal Economy Ecosystem

| 23/02/2019 | Reply
Indonesia: Bank Indonesia Develops Halal Economy Ecosystem

According to the central bank governor, there are four sectors of the halal economy with good prospects. It can be generated from a community.

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Making Indonesia a hub of global Halal economy

| 19/02/2019 | Reply
Making Indonesia a hub of global Halal economy

Indonesian Presidential candidate Prabowo Subianto and his running mate, Sandiaga Uno, have pledged to make Indonesia the fifth biggest halal economy in the world.

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Opinion: How is Muslim beauty redefining the Asian cosmetic market?

| 19/02/2019 | Reply
Opinion: How is Muslim beauty redefining the Asian cosmetic market?

Florence Bernardin explains the growing importance of Malaysia and Indonesia in the global beauty market.

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Indonesia to postpone halal label deadline amid industry concerns

| 15/02/2019 | Reply
Indonesia to postpone halal label deadline amid industry concerns

The definition of halal is too strict and would mean life-saving products, such as vaccines or drugs containing blood, could be barred after the deadline passed.

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Indonesia Eyeing to Enhance Halal Tourism by 45 Percent

| 13/02/2019 | Reply
Indonesia Eyeing to Enhance Halal Tourism by 45 Percent

The Indonesian tourism ministry continues to provide technical guidance and workshops for 10 halal tourist destinations.

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Malaysia and Indonesia rush to slice up $3tn global halal market

| 12/02/2019 | Reply
Malaysia and Indonesia rush to slice up $3tn global halal market

Malaysia ranks first among countries best-positioned to seize opportunities in the Islamic economy, according to a 2018-2019 report by Thomson Reuters and DinarStandard.

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Indonesia sees US$1.6 billion windfall from Halal labelling rule

| 10/02/2019 | Reply
Indonesia sees US$1.6 billion windfall from Halal labelling rule

Indonesia is overhauling the Halal certification rules as the country’s Shariah economy is set to swell to US$427 billion by 2022.

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Biggest Indonesian Islamic bank sees sector riding on a wave of Halal lifestyle

| 07/02/2019 | Reply
Biggest Indonesian Islamic bank sees sector riding on a wave of Halal lifestyle

The country’s Halal food spending alone was US$170 billion in 2017, the highest among the top consuming nations.

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Malaysian halal entrepreneurs will have an easier time expanding into Indonesia

| 28/01/2019 | Reply
Malaysian halal entrepreneurs will have an easier time expanding into Indonesia

Sirajuddin said negotiations on the agreement had been ongoing for three years and was about 80 per cent completed.

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Research: Indonesia’s New Halal Law: Impact on the Political Economy

| 19/01/2019 | Reply
Research: Indonesia’s New Halal Law: Impact on the Political Economy

What are the implications of the upcoming halal law on the country’s political economy and on Indonesia’s ambition to be a global halal hub?

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Indonesia: MUI Carrys Out Halal Certification before Regulation Ready

| 09/01/2019 | Reply
Indonesia: MUI Carrys Out Halal Certification before Regulation Ready

The JPH Law stipulates that the issuance of halal certification involves BPJPH as a regulator and Halal Inspection Agency (LPH) which includes auditors and MUI as fatwa provider.

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Indonesia has strong demand in packaged food

| 08/01/2019 | Reply
Indonesia has strong demand in packaged food

Interview on bilateral trade between Indonesia and India in the food and beverage sector and opportunities in exports going forward.

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Indonesia Wants to Make Halal Tourism a Thing

| 03/01/2019 | Reply
Indonesia Wants to Make Halal Tourism a Thing

With an estimated growth of up to 20% per year, this global halal industry has become the fastest growing consumer segment in the world.

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Indonesia wants to be Halal goods hub as demand soars

| 03/01/2019 | Reply
Indonesia wants to be Halal goods hub as demand soars

“The master plan will outline the strategy to develop Indonesia’s halal products,” Brodjonegoro said. “The point is, Indonesia must be the main player, not only the main market for global halal products.”

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Philippines: Developing Davao’s halal industry

| 21/12/2018 | Reply
Philippines: Developing Davao’s halal industry

The rise of Halal market and Muslim-friendly establishments in the country indicates development and recognition that halal industry benefits not only the Muslims but everyone.

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Groundbreaking Report positions Indonesia as the “Engine of Global Halal Economy”

| 21/12/2018 | Reply
Groundbreaking Report positions Indonesia as the “Engine of Global Halal Economy”

The Report lists prioritization of 26 sub-sectors with most opportune target markets for Indonesia’s Halal economy producers. You can download it here.

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Industry Ministry focuses on making Indonesia world’s Muslim fashion center

| 16/12/2018 | Reply
Industry Ministry focuses on making Indonesia world’s Muslim fashion center

TWO ARTICLES Jakarta (ANTARA News) – Directorate General of Small and Medium Industries at the Ministry of Industry is focusing on transforming Indonesia into a center of the world`s Muslim fashion in 2020 by conducting various strategic programs in 2019. “We will establish the Muslim fashion business ecosystem and incubate several businesses. We will create […]

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