Business News
Super Air Jet Secures Permit to Operate With 3 Airbus Aircraft
Super Air Jet, a new Indonesian budget airline reportedly backed by airline magnate Rusdi Kirana, will start operation with three Airbus A320 aircraft after securing an air operator certificate from the Ministry of Transportation last week. "SAJ has fulfilled the requirements by operating three A320 aircraft, one of which is…
Indonesia Envisions Global Leader in Processed Palm Oil Products
Indonesia is eyeing to lead the world's downstream palm oil industry by 2045, according to the Coordinating Ministry for Economic Affairs on Monday.The ministry’s food and agribusiness coordination deputy Musdhalifah Machmud said the government is trying to switch Indonesia’s position from being world’s biggest crude palm oil (CPO) producer to…
BPOM Gives Nod for Clinical Trials on Ivermectin as Covid-19 Treatment
The National Food and Drug Control Agency, or BPOM, has given the green light to conduct clinical trials on the use of anti-parasitic drug Ivermectin to treat Covid-19 patients.In an official statement released in March, the World Health Organization (WHO) advised Ivermectin to be only used for Covid-19 treatments within…
Millennials are the Key to Growing Islamic finance in Indonesia
Member of the Board of Commissioners of the Financial Services Authority (OJK) Tirta Sagara said. The effort that must be made to boost the growth of Islamic finance in Indonesia is to encourage the millennial generation. He said, Indonesia has very high Islamic economic and financial potential, with a large…
