Industry Newsletters

U.S. tariff rate on Indonesian goods reduced to 19%

The United States reduced tariffs on Indonesian exports from 321 TP3T to 191 TP3T, making it one of the ASEAN countries with lower tariffs. According to a July 16, 2025 report by the Office of the Chief Economist (OCE) of Bank Mandiri Indonesia, ASEAN countries have a...

Chinese firm invests $2 billion in nickel smelting project

2025 China (Guangdong) - ASEAN Trade Promotion and Supply Chain Cooperation Mechanism Construction Matchmaking and Exchange Meeting was held earlier in Guangzhou, during which Guangxin Group signed the Indonesia Guangqing Nickel and Cobalt Wet Smelting Project. The new project is jointly developed by Guangxin Group and Castle Peak Industrial...

China's anti-dumping tariffs on Indonesia will affect nickel ore prices

China will officially impose anti-dumping duties of 20.2% on Indonesia's stainless steel billets and hot rolled sheets and other products, the policy will take effect from July 1, 2025, and the validity period will be extended for five years to 2030. This policy not only targets Indonesia, but also includes products from Europe...

Chinese goods transshipment in Indonesia under U.S. scrutiny

The main threat in the current trade dynamics is not only high tariffs, but also possible impediments due to China's transit allegations, according to a researcher in the economics department of the Center for Strategic and International Studies (CSIS). The U.S.-China trade rivalry has shifted from a tariff war to reshaping global supply...

Apple to build production plant in Batam this year

US tech giant Apple will build a factory in Batam this year, which is located in the Tunas Industrial Prima industrial estate. The director of the Batam Enterprise Bureau said the plan to build the factory is ripe and Apple is currently communicating with the park's tenants, pending...

China remains Indonesia's top source of imports

Indonesia's imports in 2024 amounted to $235.2 billion, up 5.42% from $221.9 billion in 2023.Of this, oil and gas imports amounted to $36.28 billion, while non-oil and gas imports amounted to $198.9 billion.The top 10 sources of imports for Indonesia in 2024 were the C...

Land prices continue to rise in Jakarta

Jakarta Land Prices Hit Record Highs as SCBD Regions Overtake Menteng and Sudirman Land prices in Jakarta's Special Administrative Region (SAR), especially in the urban and commercial areas, continue to rise, with some land now costing up to tens of billions of rupiahs per square meter.The SCBD (Su...

Indonesia to increase imports of U.S. oil and agricultural products

The Minister of Economic Coordination has said that the Indonesian government plans to sign a Memorandum of Understanding (MoU) with the United States on Monday, July 7, 2025 on increasing imports, which involves Indonesia increasing imports of oil from the United States as well as commodities such as agricultural...

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...
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