China becomes Indonesia's main export market for coconuts
In January-February 2025, Indonesia's shelled coconut exports reached $30.8 million (about Rp 5.17 trillion) in value and 71,077 tons in volume, with the main export destinations being China and Vietnam. Among them, exports of shelled coconut to China amounted to 68,065 tons, valued at 29...
Advantages of Moving Chinese Manufacturing to Indonesia
The Chairman of the Asian Trade, Tourism and Economic Council (ATTEC), in the Indonesia Investment Summit, emphasized that now is the golden time for Indonesia to attract foreign investment and welcomed global investors, especially Chinese manufacturing investors, to invest and set up factories in Indonesia. Indonesia is being seen as...
Indonesia's foreign exchange reserves hit record high
Indonesia's foreign exchange reserves amounted to $157.1 billion at the end of March 2025, up from $154.5 billion the previous month, according to Bank Indonesia. The rise in foreign exchange reserves was driven by higher tax and service revenues, as well as the government's recovery of foreign loans; Indonesia requires...
Chinese e-commerce platform banned from Indonesian market
Chinese e-commerce platforms Temu and Shein had planned to expand into the Indonesian market and were also available on the country's Apple and Google app stores, but the Indonesian government directly intervened and banned them from operating in Indonesia due to the potential impact of their business model on local small and medium-sized enterprises (SMEs)...
Indonesia's waste-to-energy project has huge potential
Indonesia's BPI Danantara Investment Authority pointed out that the business of waste-to-energy can return to profitability in 5-6 years, and has received attention from Singapore, South Korea, Japan, China, and Europe, although no investor has entered yet. The agency first ...
Indonesia's e-commerce development boosts park warehouse construction
Booming e-commerce in Indonesia has prompted developers to aggressively build industrial parks and warehouses. According to the e-Conomy SEA 2024 report, the e-commerce business is expected to be the largest contributor to Indonesia's digital economy in 2024, estimated at 65 billion...
Indonesia's coal power plant capacity continues to rise adding 1.9GW
Indonesia's installed capacity of coal power plants continues to rise, adding 1.9 GW in 2024, the third largest in the world, of which 801 TP3T is specific purpose (captive power plants). As of 2024, Indonesia has 130 captive coal power plants with installed capacity of 30 MW and above in...
With a capacity of 12 million tons, Chinese cement companies are booming in Indonesia
Conch Cement entered Indonesia in 2011, with a cumulative investment of more than 8 billion RMB and a cement production capacity of 12 million tons/year. The enterprise introduces international advanced production lines into Indonesia, reduces the energy consumption of clinker production, and utilizes intelligent systems to improve production efficiency. Mine opening...
Chinese firm invests $4 billion in alumina project in Indonesia
Sichuan Tianfu Xinchuang Group recently announced that it will develop an alumina project in Central Kalimantan province through its newly established subsidiary, PT Progressive Indonesia Alumina (PIA). The group confirmed in its latest corporate announcement that PIA...
Significant adjustments to Indonesia's import policy involving import quotas
President Prabowo plans to make a major change in import policy that will eliminate import quotas for some goods. However, this move is not a total liberalization of imports, but only for those whose demand cannot be met by domestic production and who have not yet achieved self-sufficiency...
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