Indonesia is set to become the Muslim Fashion center, targeting five Middle Eastern countries—Iran, Turkey, Saudi Arabia, Pakistan, and Egypt—as potential markets for exporting apparel and footwear.
"Given the current market opportunities and the growth of the Muslim fashion industry, we must remain optimistic about maximizing a share of the domestic market and boosting our competitiveness in the global market. " - said Reni Yanita, Director General of Small, Medium, and Miscellaneous Industries at the Ministry of Industry.
Reni stated that the Muslim apparel industry is expected to experience rapid growth in the coming years, in line with the expansion of the global Islamic economic market.
According to Radio Republik Indonesia, the DinarStandard Institute, in its report The State of Global Islamic Economy 2023-2024, projected that Muslim consumer spending across six key sectors would increase to $3.1 trillion by 2027.
In particular, six sectors of the Islamic economy are expected to grow rapidly - food, fashion, media and recreation, travel, pharmaceuticals, and cosmetics.
By 2027, Muslim spend on apparel and footwear is forecast to reach $428 billion.
Reni said that consumption of halal goods and services in Indonesia is expected to reach $330.5 billion this year. Meanwhile, apparel and fashion is the second highest consumed category in the Indonesian halal market.
She invited all stakeholders of the industry, including associations, the textile industry actors, business entities, designers, academia and influencers to contirubute in developing sustainable and competitive Muslim fashion industry.
The Indonesian Fashion Chamber has hosted the Muslim Fashion Festival (MUFFEST), the largest event showcasing the latest trends and designs in Muslim fashion. This year’s MUFFEST+, themed "Connecting in Style" marks its 10th anniversary by showcasing Fashion shows & exhibitions from more than 130 brands and designers.
Indonesia has assured Australia that no Russian military aircraft will be stationed at an airbase in its Papua province, dismissing recent reports as false, according to Australian Defence Minister Richard Marles.
Indonesia has denied reports that Russia requested to base military aircraft in Papua, dismissing claims that raised alarm in Australia. Officials reaffirm no such deal exists, as both Indonesia and Australia stress their close defence relationship.
Indonesian authorities have arrested three judges involved in the acquittal of major palm oil firms in a high-profile corruption case, deepening a growing scandal that has now implicated the chief judge of South Jakarta District Court and several legal officials.
Rebels in Indonesia’s Papua region have claimed responsibility for killing more than 17 individuals since the weekend, accusing them of being soldiers disguised as gold miners. The insurgents also stated that they are holding two hostages.
Indonesia seeks a fair and equal trade relationship with the U.S. after the imposition of a 32% tariff, aiming for diplomacy and negotiations instead of retaliation. The country is considering increasing imports of U.S. goods and offering tax cuts in response to the tariffs.
The Russia–Central Asia summit is scheduled to take place in October on the sidelines of the CIS summit in Dushanbe, Russian Foreign Minister Sergey Lavrov announced.
India on Thursday sealed the Attari-Wagah border crossing—its sole land link with Pakistan—after a militant attack in Kashmir left 26 tourists dead earlier this week.
Tanzanian police on Thursday arrested two senior opposition officials en route to a treason hearing for their party leader, Tundu Lissu, tightening the government’s grip on its critics.
Iran has announced that expert-level technical talks with the United States will take place on April 26. According to Foreign Ministry Spokesperson Esmaeil Baqaei, the decision follows a suggestion by Oman and was reached through mutual agreement between the Iranian and U.S. delegations.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 24th, covering the latest developments you need to know.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least nine people and injuring 70, including six children and a pregnant woman, according to Mayor Vitali Klitschko.
Brussels has fined Apple and Meta over €700 million combined, launching its first crackdown under the Digital Markets Act aimed at curbing big tech’s power and boosting competition in the digital economy.
The Trump administration is considering reducing tariffs on Chinese imports, aiming to ease tensions with Beijing as trade negotiations continue, a source familiar with the matter said on Wednesday.
Iran informed China on Wednesday about ongoing nuclear negotiations with the US, expressing a commitment to diplomacy despite past setbacks and urging stronger bilateral cooperation under their 25-year strategic agreement.
Nissan plans to invest an extra $1.4 billion in China by 2026 as it launches 10 new energy vehicles, aiming to recover from declining sales and catch up with faster-moving local competitors.
Apple and Meta have been fined €500 million and €200 million respectively by the European Union for breaching the bloc’s new Digital Markets Act, escalating tensions in the transatlantic tech trade dispute.
The Russia–Central Asia summit is scheduled to take place in October on the sidelines of the CIS summit in Dushanbe, Russian Foreign Minister Sergey Lavrov announced.
India on Thursday sealed the Attari-Wagah border crossing—its sole land link with Pakistan—after a militant attack in Kashmir left 26 tourists dead earlier this week.
Tanzanian police on Thursday arrested two senior opposition officials en route to a treason hearing for their party leader, Tundu Lissu, tightening the government’s grip on its critics.
Iran has announced that expert-level technical talks with the United States will take place on April 26. According to Foreign Ministry Spokesperson Esmaeil Baqaei, the decision follows a suggestion by Oman and was reached through mutual agreement between the Iranian and U.S. delegations.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 24th, covering the latest developments you need to know.
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