Business News
Indonesia Exports Milk to The Philippines and Malaysia
Indonesia recently exported four containers of processed dairy products—specifically powdered milk and sweetened condensed milk—to Malaysia and the Philippines, with a total export value of approximately IDR 1.7 billion. This export event was formally flagged off in Cikarang, West Java, by the Indonesian Trade Minister, Budi Santoso. The minister noted…
Indonesia-Switzerland Strengthen Economic Cooperation Through JETC in Jakarta
Indonesia and Switzerland are strengthening their economic ties through the Joint Economic and Trade Commission (JETC). Since the implementation of the Indonesia–EFTA Comprehensive Economic Partnership Agreement (CEPA) in November 2021, bilateral trade between the two countries has tripled, reaching USD 3.11 billion in 2023, with Indonesia recording a surplus of…
Indonesian MotoGP Can Push Economic Turnover Up to IDR 4.8 Trillion
The Indonesian MotoGP at the Mandalika Circuit in 2025 is expected to be a powerful economic driver, with an estimated economic turnover of IDR 4.5–4.8 trillion at both the national and regional (NTB) levels. With significant infrastructure investment already made in Mandalika not only about sports but also a strategic…
Bali Expands Global Reach with New Direct Flights from China and South Korea
Indonesia, China, and South Korea have strengthened their travel and economic ties through the introduction of new direct flight routes connecting Bali’s I Gusti Ngurah Rai International Airport to Chengdu, China, and Cheongju, South Korea. Sichuan Airlines officially launched its daily service from Chengdu on September 26, 2025, while T’Way…
