11 Indian firms suspended from exporting bird's nest by China
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...
Indonesia's investment volume breaks Rp 942 trillion in H1
The Coordinating Minister of Economy recently announced at the 'Navigating Indonesia's Economy under Global Changes' forum that the nation's investment in the first half of 2025 amounted to 942 trillion rupiah, an increase of 13.61 TP3T year-on-year.The data confirms the relevance of investment to job creation and economic growth...
Prabowo advances tin smelting industry
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 government injects 30 trillion rupiah into Hawk Air to advance financial restructuring
Danantara, an Indonesian investment institution, will inject 30 trillion rupiah into Garuda Indonesia (Garuda Indonesia) through a private placement (Private Placement) to help it restructure its finances. The capital injection will be made by Danantara subsidiary Danant...
Prabowo hands over six smelters to Indonesian tin firms
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 offers 60 oil and gas blocks to global investors
SKK Migas, under the Ministry of Energy and Mineral Resources, recently announced that it will put out 60 oil and gas blocks for bidding to attract global investors to help realize Indonesia's vision of energy self-sufficiency. SKK Migas is launching this 60 oil...
Indonesia's financial markets have had a mixed recent performance, led by net foreign inflows into the stock market
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...
Global tin market supply changes as Prabowo overhauls tin mine
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...
Indonesia plans to invest $10 billion in the next three months
An investment move by Indonesia's sovereign wealth fund PT Danantara Investment Management (Persero) is on the horizon. According to Reuters, its chief investment officer said that for the three-month operating period starting October 2025, Danantar...
West Java Floating PV Plant Officially Opened
Indonesia Power (PLN IP), a subsidiary of Indonesia's national power utility PLN, and Indo ACWA Tenaga Saguling have jointly announced the official launch of the construction project of a 60 MW AC floating photovoltaic (PV) power plant located at the Saguling Reservoir in the West Java province....