Business News
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…
Indonesia Moves Toward B50 Biodiesel Program to Curb Fuel Imports
The Indonesian government, led by Minister of Energy and Mineral Resources Bahlil Lahadalia, is accelerating the rollout of the B50 Biodiesel Program—a blend of 50% biodiesel and 50% fossil diesel—as part of its strategy to strengthen energy independence and reduce fuel imports. Speaking at the Presidential Palace in Jakarta on…
Indonesia and Brazil Strengthen Strategic Partnership, Presidents Prabowo and Lula Push for Accelerated Bilateral Cooperation
President of Indonesia, Prabowo Subianto, and President of the Federative Republic of Brazil, Luiz Inácio Lula da Silva, witnessed the signing and exchange of several memoranda of understanding (MoUs) and agreements between the two countries at the Merdeka Palace, Jakarta, on Thursday, October 23, 2025. The event, part of President…
Bengkulu Coffee Secures USD 1 Million Export Contract
Bank Indonesia Bengkulu Representative Head, Wahyu Yuwana Hidayat, expressed pride in the achievements of local micro, small, and medium enterprises (MSMEs) after a Bengkulu coffee producer successfully secured an export contract worth USD 1 million. The agreement was finalized during a recent trade exhibition in South Tangerang, Banten. Wahyu made…
