social dynamics
Chinese investors interested in expanding to Batang park
Chinese investors have shown interest in investing in Indonesia, with Chinese solar panel maker Sichuan Yingfa Rui Energy Technology Co. interested in building a factory in the KEK Industropolis Batang special economic zone...
Kalimantan has highest oil and gas reserves in Indonesia
The Ministry of Energy and Mineral Resources (ESDM) has revealed that Indonesia currently has 4.4 billion barrels of oil and condensate reserves spread across the country, which covers several categories. The Director General of the Ministry's Directorate General of Oil and Gas (Dirjen Migas) in...
Indonesian government invites foreign investment in steel mills to cope with import shock
In response to the impact of domestic steel being flooded with imports, the government has thrown out an olive branch to foreign investors, inviting them to invest in factories in Indonesia, the Deputy Minister of Industry said recently after a working session with the Industry Commission in Parliament....
Indonesia expects to produce less than 700 million tons of coal in 2026
The Ministry of Energy and Mineral Resources (MEMR) has projected that coal production in 2026 will be lower than the 2025 target of 735 million tons, mainly due to weakening demand in key export markets such as China and India. The Director General of Mineral and Coal said the government is in the process of fully...
Indonesia relies on Chinese imports for most of its steel demand
The Deputy Minister of Industry recently pointed out in the working session of the Sixth Committee of Parliament, there is a serious supply-demand imbalance in Indonesia's iron and steel industry, about 55% of domestic demand is dependent on imports, most of which come from China, while the domestic steel industry capacity utilization rate...
Chinese investors interested in investing in Indonesia's steel industry
The Deputy Minister of Industry has said that the government is attracting new investments for the steel industry in order to reduce the over-dependence on imports. Currently Indonesia 55% relies on imports for its steel consumption, mainly from China, and the capacity utilization rate of the domestic steel industry is only 52%...
Indus University builds metallurgical research center with Huayou, Tsinghua
The Rector of the University of Indonesia (UI) has announced a strategic partnership with China's Huayou Group and Tsinghua University to build a world-class metallurgical research center on campus, constructing a 'Golden Triangle' model of cooperation. The collaboration will create an advanced industrial experimental...
Indonesia to restrict imports of cheap Chinese goods
The Minister of Small, Medium and Micro Enterprises has said that the government is studying regulations to restrict the import of ultra-low-priced goods from China in order to protect competition in the domestic market. These goods are sold for as little as 3,000-4,000 rupiah (about 1.4-1.8 yuan), which is a serious washout...
Bali calls off cliff glass elevator project invested by Chinese firms
Bali authorities have suspended a 182-meter-high cliff glass elevator project built by Chinese developer China Kaiser Group at Kelingking Beach after it sparked an environmental controversy. The elevator was planned to facilitate tourists' access to the beach,...
Japanese car dealers turn to Chinese brands
Indonesia's automotive market has seen remarkable changes recently: a number of former Honda and Mitsubishi dealerships have been forced to change their brand logos in favor of selling Chinese brands such as Chery and BYD due to the strong impact of Chinese car brands. Bandung Institute of Technology Automotive Watch...
