Industry Newsletters
China-India "Binational Park" Focuses on Multi-Sectoral Cooperation
After China opened quarantine access to Indonesian fresh coconuts in November 2024, 100 kilograms of fresh coconuts from Indonesia arrived smoothly at Fuzhou Airport on April 12, 2025, and were sent to Fujian Miaotianhui Foods Co. after being qualified by the customs quarantine...
Prabowo attends the groundbreaking of Ningde Times automotive battery project
President Prabowo yesterday attended the groundbreaking ceremony for the Integrated Electric Vehicle Battery Industry Ecosystem Project built by the ANTAM-IBC-CBL consortium in Karawang regency, West Java, and delivered a speech in which he emphasized that the development of the new energy industry is the key to realizing...
Indonesia's coal exports to China and India fall
As of May 2025, Indonesia's coal exports to China were down 151 TP3T year-on-year, and exports to India were down 71 TP3T year-on-year.The main reasons for the decline in exports include intensified international price competition, and coal production in Russia, Mongolia, Australia, and other countries...
Indonesian government forecasts car sales of only 832,000 units this year
The Deputy Director General of the Coordinating Ministry of Infrastructure and Regional Development forecasts that Indonesia's car sales will be only 832,000 units in 2025, below the 900,000 target set by the Indonesian Automotive Industry Association. The data is based on the first five months of the last two years of the country's four-wheel and above...
Indonesia conditionally approves TikTok's acquisition of Tokopedia
Indonesia's Business Competition Supervisory Board (KPPU) has given conditional approval to TikTok Nusantara Pte Ltd's acquisition of shares in PT Tokopedia. This follows speculation that the acquisition deal could trigger monopolistic behavior, and the KPPU's tun...
Three key industrial parks of the Binational Twin Parks Program
Indonesia's Ministry of Economic Coordination has facilitated the signing of two strategic Memorandums of Understanding (MoUs) with China, focusing on strengthening industrial and supply chain cooperation and the implementation of bi-national twin-park projects, which were agreed upon during the Chinese Premier's visit to Indonesia. The key parks include the Batang General...
Indonesia's largest solar panel factory officially starts production
The Minister of Industry recently inaugurated PT Trina Mas Agra Indonesia's (TMAI) solar panel factory in the Kendal Special Economic Zone in Central Java, with an investment of more than Rp 1.5 trillion and an initial operating capacity of 1 GW per year per...
20 Indonesian companies named to Southeast Asia's top 500
Fortune has released its latest list of the top 500 companies in Southeast Asia in 2025, with 20 Indonesian companies making the list on the basis of their highest revenues in 2024. Of the seven Southeast Asian countries, Indonesia contributed the highest number of companies at 109, followed by Thai...
China supplies coking coal to Indonesia, breaking old market patterns
May 2025 China shipped at least three shipments of coking coal to processors in Sulawesi, Indonesia, in a move into a market normally dominated by local Australian and Indonesian supplies. Monthly Chinese customs data show that since the beginning of 2024,...
12 Indonesian companies named in the Global 2000
Forbes magazine in the United States has released its 23rd annual list of Global 2000 companies, which ranks the world's large public companies based on their sales, profits, assets and market capitalization. A total of 12 Indonesian companies made the list, with banks...