Business News

Government Policy to Support the National Furniture Industry

On 17 September 2025, at the opening of the International Furniture and Craft Fair Indonesia+ (IFFINA+) 2025 at ICE BSD, Tangerang, Coordinating Minister for Economic Affairs Airlangga Hartarto stated that Indonesia's furniture industry is based on domestic resources, with the unique feature of tropical timber, placing Indonesia at a competitive…

Indonesia Poised to Become a Global Leader in Geothermal Energy Production

On 17 September 2025, at the opening of the Indonesia International Geothermal Convention & Exhibition (IIGCE) 2025 in Jakarta, Minister of Energy and Mineral Resources Bahlil Lahadalia stated that Indonesia has significant geothermal reserves as a new and renewable energy source, the largest in the world, with only around 10%…

West Java's Economy Grows 5.23%, as Bandung Emerges as a Key Player in the Textile Industry Through IAPE 2025

On 17-20 September 2025, the Indonesia Apparel Production Expo (IAPE) is scheduled to take place in Bandung. IAPE is the largest apparel decoration exhibition in West Java, showcasing machinery and equipment supporting apparel products (clothing and derivatives) such as fabrics, screen printing tools and equipment, sewing machines, embroidery machines, DTG…

Vice Minister of Industry: Strengthening Indonesia–Russia Industrial Cooperation Through the BRICS Forum

At the BRICS PartNIR 2025 forum in Xiamen, China (September 15–17), Indonesia’s Vice Minister of Industry, Faisol Riza, held a bilateral meeting with Russia’s Vice Minister of Industry and Trade, Aleksei Vladimirovich Gruzdev, to deepen industrial collaboration between the two countries. The discussions focused on cementing previously agreed memorandums of…
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