Business News

Collaboration between Central Java and East Java Strengthens Economic Cooperation

The governors of Jawa Tengah (Central Java) and Jawa Timur (East Java) recently deepened their economic partnership through signing ten memoranda of understanding, aimed at boosting economic growth in both provinces. The agreements, signed at Gedung Negara Grahadi in Surabaya, focus on key sectors including food security, cooperatives and MSMEs,…

Indonesia-Turkey Fast-Track Aviation Pact Expands Direct Flight Links

The governments of Indonesia and Turkey recently committed to enhancing their civil-aviation cooperation to bolster connectivity and stimulate tourism and trade. During a bilateral meeting in Istanbul from October 22-23, the Indonesian delegation, headed by the Air Transport Director of the Indonesian Ministry of Transportation, signed two key documents —…

Indonesia’s Legacy in the Global Vaccine Landscape: Bio Farma and DCVMN Strengthen Health Resilience Through Global Partnership

Indonesia, through state-owned vaccine manufacturer PT Bio Farma (Persero), has long played a pivotal role in global vaccine access and public health. Since becoming one of the founding members of the Developing Countries Vaccine Manufacturers’ Network (DCVMN) in 2000, Bio Farma has advanced efforts in vaccine self-sufficiency and collaboration among…

Industry Ministry Claims Indonesia Among World’s Most Efficient Textile Producers

The Indonesian Ministry of Industry has confirmed that the country is strengthening its position in the global textile and textile products (TPT) sector. Minister of Industry Agus Gumiwang Kartasasmita stated that Indonesia ranks among the top five most efficient textile producers worldwide, with yarn spinning costs at only USD 2.71…
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