Vietnamese crab exporterexellent crabdouble-skinned crabs

Indonesia Unveils $28 Million Subsidy Program for Tofu and Tempeh Producers

Addin Anugrah Siwi
June 22, 2026 | 8:04 pm
SHARE
Tofu and tempeh producers at a production center in Pejaten, Serang Regency on Monday, May 25, 2026. (Beritasatu.com/Ferry Yuniar)
Tofu and tempeh producers at a production center in Pejaten, Serang Regency on Monday, May 25, 2026. (Beritasatu.com/Ferry Yuniar)

Jakarta. Indonesia will allocate approximately Rp 500 billion ($28 million) to help keep tofu and tempeh affordable by subsidizing soybean purchases for producers, Coordinating Economic Affairs Minister Airlangga Hartarto said on Monday.

Under the program, tofu and tempeh manufacturers will receive a subsidy of Rp 2,000 per kilogram whenever soybean prices exceed the government’s reference purchase price.

Airlangga said the measure forms part of the government’s second-half 2026 economic stimulus package, which is aimed at maintaining food price stability and supporting household purchasing power.

“The incentive for tofu and tempeh producers is a subsidy of Rp 2,000 per kilogram with a target quota of 250,000 tons,” Airlangga told a press conference in Jakarta.

ADVERTISEMENT

Indonesia consumes roughly 2.5 million tons of soybeans annually, according to the minister. In the initial phase, however, the government will allocate subsidies for 250,000 tons to help secure supplies and ease production costs for tofu and tempeh makers.

The government considers the program important because tofu and tempeh are among the country’s most widely consumed and affordable sources of protein. By helping producers manage raw material costs, officials hope to prevent price increases from being passed on to consumers.

The soybean subsidy is one component of a broader economic support package that also includes the continuation of rice assistance for low-income households from July through September 2026.

The rice aid program will cover 33.24 million beneficiaries and require a budget of Rp 17.54 trillion ($983.3 million).

Overall, the government has earmarked Rp 26.34 trillion ($1.48 billion) for its second-half 2026 stimulus package. Food assistance accounts for the largest share, with Rp 18.04 trillion allocated to rice distribution and food price stabilization measures.

The package also includes Rp 2.04 trillion in transportation incentives and Rp 6.26 trillion for internship and vocational training programs.

“In total, the government’s stimulus package for the second half of the year amounts to approximately Rp 26.34 trillion,” Airlangga said.

Tags: Keywords:
SHARE

Related Articles


Business 4 hours ago

Industry Groups Welcome LPG and Plastic Duty Waiver, But Warn of Limited Impact

The measure is part of the government’s Rp 26.34 trillion ($1.5 billion) economic stimulus package for the second half of 2026.
Business Jun 22, 2026 | 8:27 pm

Government Launches $1.5 Billion Economic Stimulus Package for 2nd Half of 2026

Indonesia will spend $1.5 billion on transport incentives, food aid, and workforce programs to support growth through 2026.
Business Jun 22, 2026 | 8:04 pm

Indonesia Unveils $28 Million Subsidy Program for Tofu and Tempeh Producers

Indonesia will subsidize soybean purchases for tofu and tempeh producers to help keep staple foods affordable.
Business Jun 10, 2026 | 5:45 pm

Indonesia Prepares Stimulus as Pertamax Price Jumps 32%

Indonesia is preparing stimulus measures after Pertamax fuel prices surged 32%, raising inflation concerns.
Business Jun 7, 2026 | 12:28 pm

Indonesia Targets EU Trade Deal Ratification in 2026, Implementation by Early 2027

Indonesia aims to ratify its trade agreement with the European Union this year, paving the way for implementation in 2027.
Business Jun 5, 2026 | 10:18 am

US 10% Forced Labor Tariff on Indonesia to Apply After July 24

The US will hold off on implementing the forced labor tariff until after July 24 to avoid overlapping with the current import tax.
News May 26, 2026 | 2:44 pm

Govt Extends Weekly WFH Policy After Fuel Use Drops 9%

The government says once-a-week remote work helped cut subsidized fuel consumption as energy costs remain volatile.
Business May 25, 2026 | 1:45 pm

Thinner Tempeh: Indonesia’s Weak Rupiah Hits the Dinner Table

Rising soybean prices are forcing Indonesian tofu and tempeh makers to shrink portions and cut production.
Business May 22, 2026 | 2:27 pm

Airlangga Says Single-Gate Export Policy Won’t Restrict Businesses

Airlangga said Indonesia’s new single-gate export policy aims to tighten oversight and keep export earnings onshore.
Business May 22, 2026 | 10:06 am

Indonesia Details New Export Earnings Rules for Natural Resource Companies

Exporters from non-oil sectors must place 100% of export proceeds in special accounts at state-owned banks for 12 months.

The Latest


Business 28 minutes ago

China, Indonesia Are ‘Very Open’ After Investors' Complaints

Chinese investors recently complained about Indonesia's investment climate.
News 1 hours ago

Japan and Sweden Play to 1-1 Draw as Both Advance to Knockout Round 

The Japanese team finished second in Group F behind the Netherlands and will play Brazil in Houston on Monday.
Business 2 hours ago

Indonesia Keeps MSCI EM Status, but Isn't Out of the Woods Yet 

Indonesia retained its status as an MSCI Emerging Market but investors remain concerned about market transparency.
News 2 hours ago

Jokowi Launches Nationwide Political Tour Wearing Son’s PSI Party Uniform

Jokowi has begun his first nationwide political tour since leaving office, openly wearing the uniform of the party led by his youngest son.
Business 3 hours ago

JCI Rebounds Above 6,000 as Lower Oil Prices Lift Sentiment

JCI rebounded above 6,000 as lower oil prices and a stronger rupiah lifted sentiment despite renewed higher-for-longer Fed concerns.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED