Industry Newsletters

The national waste-to-energy project has attracted the participation of 70 consortia consisting of more than 100 domestic and foreign companies, announced Danantara, the national investment management agency. The project, with a total investment of 91 trillion rupiah, is planned to be implemented in 33 cities, with the first phase covering Jakarta...

The Indonesian government has announced a total ban on the export of all rare earth metals and their by-products, issued by the Minister of Energy and Mineral Resources, in fulfillment of President Prabowo's directive to tighten the state's control over strategic resources. Indonesia's rare earth resources ...

State investment management agency (BPI) Danantara is set to launch a public tender for the Power from Waste (PLTSa) project in early November 2025, with its CEO promising to ensure transparency in the process. The project aims to address the problem of waste accumulation in major cities and promote energy...

China's General Administration of Customs (GAC) recently unilaterally implemented a new standard for aluminum content (≤100mg/kg) in bird's nest products, resulting in the suspension of 11 Indonesian exporters from trading with China. The Quarantine Agency of Indonesia's Ministry of Agriculture said that the standard was not negotiated between the two sides and will be applied to...

President Prabowo recently traveled to Sumbawa Island, West Nusa Tenggara Province, for a field visit to tin smelter assets worth trillions of dong, which were previously seized by the prosecution. During his visit, Prabowo listened to the Minister of State Enterprises and related officials...

Indonesian President Prabowo recently traveled to Bangka Belitung Islands to inspect a refinery and symbolically hand over six smelters seized by the Attorney General's Office to PT Timah. The smelters are worth about 70,000...

Indonesia's financial markets have been mixed recently, with the stock market rising but the rupiah under pressure and 10-year bond yields falling, as investors focus on recent foreign exchange reserve data from the central bank and economic data from around the world.On June 6, Indonesia's composite stock price index (IHSG...

On October 6, President Prabowo went to Bangka Island to witness a crucial scene: the prosecution handed over six tin smelters, about 680 tons of tin ingots, and 108 pieces of heavy machinery seized to the state-owned enterprise PT Timah for trusteeship. During the same period, a large number of illegal mines were shut down, the sea...

South Korea's POSCO Steel (POSCO) and China's Qingshan Holding Group recently signed an agreement to cooperate in the construction of a stainless steel plant with an annual production capacity of 2 million tons in Morowali Industrial Park, Sulawesi, Indonesia. The total investment of the project exceeds 70.83 million U.S. dollars, POS...

Indonesia's Deputy Minister of Agriculture recently met with the visiting Chinese Vice Minister of Agriculture and Rural Affairs in Jakarta, the two sides reached four consensus on agricultural cooperation: the two sides will strengthen cooperation in rice research, focusing on the development of saline-tolerant rice varieties, to enhance Indonesia along...