Fashion Industry Takeoff and CPO Price

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The following is important information related to the development of the business universe that needs attention today based on the curation of the SUAR Team.

Strengthening the Direction of the World's Muslim Fashion through the JMFW Stage

Jakarta will once again be in the spotlight of the fashion world with the 2026 Jakarta Muslim Fashion Week (JMFW). The highlight of the event will be held on November 6-9, 2025 at Kartika Expo Balai Kartini, Jakarta.
As many as 100 designers are expected to be present with more than 1,000 brand collections, and targeting 8,000 visitors over the four-day event.

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Take Opportunities from JCI Approaching New Psychological Boundaries

Four consecutive trading days since the close of trading on Friday, August 8, 2025 last week, the Indonesian stock market has performed impressively. As of Wednesday July 13, 2025, the Jakarta Composite Index (JCI) surged 1.30% to 7,892.91, setting a new record high in 2025 and almost equaling the all-time high (only 0.22% difference).
The strengthening of JCI was again driven by net buy of foreign investors reaching Rp 1.49 trillion in all markets. Net foreign buy in the regular market reached Rp 1.52 trillion. Meanwhile, in the negotiation market, there was a net sell or foreign net sell of Rp 34.72 trillion.

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Study on MBG Budget Swells to Rp 300 Trillion

A number of experts advise the government to conduct periodic evaluations, research and long-term studies related to the Free Nutritious Meal (MBG) program due to the ballooning budget, which is estimated to reach Rp 300 trillion by 2026.
The National Nutrition Agency (BGN) noted that the realization of the state budget for the MBG program as of 11 August reached Rp 8.2 trillion, which includes the establishment of 5,103 Nutrition Fulfillment Service Units (SPPG) in 38 provinces and a total of more than 15 million beneficiaries.

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Need to Balance Domestic Energy Needs and CPO Export Stability

Crude palm oil (CPO) prices in the international market showed an upward trend, recording the highest level in four consecutive sessions.
This increase was due to high demand from several crude palm oil importing countries such as India, which is having a festival season.
Meanwhile, the government's plan to roll out a mandatory biodiesel policy, especially the implementation of B50 in early 2026, is also causing concern among palm oil entrepreneurs.

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Spending Rises, Savings Index Drops Momentarily

Increased expenditures, especially education costs entering the new school year, caused the Consumer Saving Index (IMK) in July to decline compared to the previous month.
The results of the July 2025 Consumer Saving Survey released by the Deposit Insurance Corporation (LPS) (10/8/2025) showed a weakening of the July Consumer Saving Index (IMK) to a level of 82.2 or a weakening of 1.6 points compared to June. IMK shows that interest and ability to save decreased in the July period.

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ILF & IGT Expo 2025: Indonesia Leather and Footwear (ILF) & Indonesia Garment and Textile (IGT) Expo 2025 is an event aimed at fashion lovers and industry players, held at JIExpo Kemayoran from August 14-16, 2025. It is a collaborative event between the fashion industry, technology, and culture. For three days, participants can enjoy a variety of interesting activities, ranging from inspirational talk shows with well-known figures and brands, fashion shows featuring the latest collections, networking sessions to expand business connections, to activities that focus on preserving Indonesian culture. The event is an important platform to gain new insights, forge partnerships and celebrate Indonesia's rich culture in fashion.

Jakarta No-Code Day 2025: No-Code Day Jakarta is an annual conference organized by Creatio. The event will be held live at The Westin Jakarta, on August 14, 2025. No-Code Day brings together digital leaders, innovators, and industry experts to discuss the latest innovations in AI, CRM, and no-code. Participants can choose their own experience, whether to network, learn from industry leaders, or deepen their expertise in the field.

"What do you need to start a business? There are three simple things: know your own product better than anyone else, know your customers, and have a burning desire to succeed." (Dave Thomas, founder of Wendy's)