Industry Newsletters
Prabowo asks top four ministers to save local textile giants
The government will try its best to save the textile company PT Sri Rejeki Isman (Sritex), this was stated by the Minister of Industry after the District Court of Semarang (PN) declared the bankruptcy of Sritex not long ago. Saving Sritex was a direct order from President Prabowo...
Details of the list of best-selling car brands in Indonesia in September
Toyota's position on the list of best-selling car brands has not been replaced, Indonesia saw a decline in car sales in September.Wholesale car sales reached 76,304 units in August, then only 72,667 units in September. Similarly retail sales were down from the previous...
Indonesia's total imports in September down 8.91% from August
The Central Bureau of Statistics (BPS) noted that by September 2024, imports totaled $18.82 billion. Compared to August 2024, the figure dropped by 8.91%.The BPS chief explained that the decline in imports came from oil and gas, the amount...
Indonesia's North Java Seawall Project Plans to Attract Foreign Investment
President-elect Prabowo plans to work with Chinese investors to develop a huge seawall along the north coast of Java.The deputy chairman of the Gerindra Party Advisory Board said he had contacted several companies from China. He has been to Beijing twice,...
Indonesia realizes Rp 479 billion turnover at China exhibition
Indonesia recorded a potential transaction value of Rp 479 billion at the 21st China-ASEAN Expo (CAEXPO), which was held from September 24-28, 2024 at the Nanning International Convention and Exhibition Center (NICEC) in Nanning, China. Indonesia's Ministry of Trade National Export Development...
Indonesian Company Partners with Nordic and Hualong International to Develop Copper Foil Ecosystems
Indonesian Battery Company (IBC), a state-owned enterprise (BUMN) involved in the electric vehicle battery ecosystem, has officially partnered with Nordic Investments Ltd. and China's Sinoron International Construction Company (SINORON), signing a Memorandum of Understanding (MoU) for a cooperation agreement...
Chinese firms get Indonesia's first nickel laterite processing and mining certification
Huayue's Indonesian subsidiary, PT Huayue Nickel Cobalt, an Indonesian company in the nickel laterite ore processing and refining industry, is the first company to be systematically audited for ISO 37301:2021 certification through the results of its compliance management. The certification was awarded in 20...
Xu Longchuan: Indonesia's Industrialization, Big Opportunity for Chinese Companies
I. History of Industrialization in Indonesia: In 1967, Indonesia had a change of government when the military intervened and the government became strong under President Suharto, and so the process of industrialization began. Indonesia took to textiles...
Indonesia plans to build ocean energy power plants
The Ministry of Energy and Mineral Resources (ESDM) has revealed plans to develop an ocean energy power plant in Indonesia, with the goal that the plant will be able to deliver 2 gigawatts (GW) of electricity by 2060. The Ministry of Energy and Mineral Resources New, Renewable Energy, Energy Saving (EBT...
Indonesia focuses on downstream agriculture to dominate ASEAN
Plummeting commodity prices and China's economic weakness will be a challenge for the new government to boost exports, however Indonesia also has significant export potential in the downstream agricultural sector.2022 Commodity prices spiked after the outbreak of the Russo-Ukrainian war in February 2022...
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