Business News

Calls for RI to offer renewable energy not coal at BRI forum

Indonesia should take advantage of the trillions of US dollars that will be spent under China’s Belt and Road Initiative (BRI) to develop clean energy in the country.Adhityani Putri, the director of regional energy think-tank the Center for Energy Research Asia (CERA), said in order to avoid further environmental damage,…

Innovation needed to boost production of medical devices

Health Minister Nila Farid Moeloek has called for the greater production of health devices amid a further increase in imports for medical equipment and raw materials for the production of medicine.The ambition was expressed on Tuesday when state-owned pharmaceutical company Kimia Farma launched its rapid test strips, a device made…

Indonesia has opportunity to expand production of healthcare glass

Industry Minister Airlangga Hartarto is saying that business players still have a great opportunity to expand their production of glass products for the healthcare and pharmaceutical industry to supply both domestic and international markets.He said the government gave strong support to the development of the industry through Presidential Instruction No.…

Indonesia election: Investors weigh post-polls rebound for Indonesian stocks

With Indonesians voting in presidential and legislative elections yesterday, investors are weighing the prospects for the South-east Asian nation's US$522 billion (S$706 billion) stock market after the dust settles.The Jakarta Composite Index could be a prime second-half rebound candidate. It is up only 4.6 per cent this year, and lags…
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