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China and Indonesia cooperate to set up electric vehicle battery production enterprise

A state-owned investment holding company operating in the renewable energy materials sector, PT Industri Battery Indonesia or Industry Battery Corporation (IBC), is working with the world's largest electric vehicle (EV) battery company...

Indonesia plans to export electric motorcycles to Southeast Asia and Africa

The Indonesian Electric Motorcycle Industry Association (Aismoli) is optimistic that battery-powered motorcycle exports have the potential to continue to grow, with Indonesian electric motorcycle exports having made their way into Southeast Asian countries such as Malaysia and Cambodia. The association last week outlined...

Huayou Cobalt's $5 Billion Deep Dive into Indonesia's Nickel Mining Industry

On October 18, 2024, the factory feeding ceremony of Huayou Cobalt's battery ternary precursor project was successfully held in Widabe Industrial Park, Indonesia. Huayou Cobalt has cumulatively invested nearly $5 billion in Indonesia since 2018, so why is Huayou Cobalt ...

Ningde Times Lays Out $1.18 Billion Battery Plant in Indonesia

On October 16th, under the witness of the Deputy Minister of State Enterprise of Indonesia, Indonesia Battery Group and CBL, a subsidiary of Ningde Times, jointly established a joint venture with an investment of about USD 1.18 billion to build a...

Zhongwei builds $10.5 billion battery industrial park in Indonesia

On October 30, according to Indonesian media reports, China's battery material maker Zhongwei New Material Co, plans to build a $10.5 billion battery industrial park in Indonesia. Magdalena, the Indonesian director of Zhongwei, said that this industrial...

Poor implementation of SNI standards for Indonesian imports highlights problems

Imported products that do not comply with the provisions of the Indonesian National Standard (SNI) are nevertheless allowed to enter the country, as revealed by the head of the Directorate of Standardization and Policy of Industrial Services (Kemenperin) of the Ministry of Industry. The department's standardization agency has a center called Industrial...

Problems in Indonesia's indigenous textile industry are becoming more acute

The country's textile industry is in big trouble and the declaration of bankruptcy by PT Sri Rejeki Isman Tbk or Sritex has set off alarm bells that require immediate government intervention to correctly diagnose and provide a panacea to revive the labor-intensive textile...

Jakarta region exempts electric car owners from taxes due

The Jakarta provincial government has issued regulations and incentives to attract interest in switching to electric vehicles. Electric Vehicles or Battery Electric Vehicles (B EVs) or Battery Based KBLs are driven by an electric motor and...

Jakarta seizes 2.2 billion rupiah in illegal imports of Chinese cosmetics

The Head of BPOM, accompanied by the Supervisory Coordinator (Korwas), the PPNS Metro Jaya District Police (Polda) and the National Army Strategic Intelligence Service (BAIS TNI), held a seminar titled "Cooperation between BPOM and the National Police in the Seizure of Illegally Imported...".

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...
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