Eight Printers Selected as Asia's 100 Companies to Watch
Forbes has released its list of the 100 Companies to Watch in Asia in 2025, and eight Indonesian startups have been selected, covering a wide range of sectors such as green building materials, fintech, and environmental services. India led the list with 18 companies, with Singapore and Japan...
Indonesia's July Trade Surplus Reaches $4.17 Billion
The Central Bureau of Statistics (BPS) announced on September 1, 2025 that the trade surplus reached $4.17 billion in July, maintaining a surplus for the 63rd consecutive month (since May 2020.) Cumulative exports from January to July amounted to $160.16 billion, up 8.03% year-on-year, with non...
TikTok Shop Indonesia's GMV reaches $6.2 billion, second in the world
According to Statista data, Indonesia's TikTok Shop contributes $6.2 billion GMV (Gross Merchandise Volume) in 2024, a year-on-year increase of 39%, ranking second globally behind the US ($9 billion). Thailand ranked with $5.7 billion GMV...
President Prabowo returns to Indonesia after 8-hour visit to China
President Prabowo made a brief eight-hour visit to China on September 3, 2025, with the main part of his itinerary including attending the 80th anniversary of China's victory in the war of resistance, where he was invited to participate in the parade in Beijing's Tiananmen Square with the Chinese...
Finance Minister confirms no new taxes for Indonesia in 2026
The Finance Minister made it clear at a recent online working session with the Council of Local Representatives that despite the national tax revenue target of up to 2,357.7 trillion dong (US$160 billion) in 2026, a year-on-year increase of 13.51 TP3T, the government will not introduce any new...
LiuGong Machinery invests 500 million yuan in Indonesia plant
China's leading construction machinery enterprises Guangxi LiuGong (LiuGong) in Jakarta organized LiuGong Financial Indonesia company opening ceremony and customer festival activities, the enterprise earlier agreed to wholly owned subsidiary LiuGong Machinery Indonesia Manufacturing Co. invested 500 million yuan people...
Over 930 trillion rupiah invested by 1,690 companies building factories in Indonesia
Data from the Ministry of Industry showed that as of August 2025, a total of 1,690 companies are building production facilities nationwide, with a total investment of 930 trillion dong (about $42.2 billion), expected to create 332,000 jobs. Among them, the food industry invested...
Indonesian stocks plunge 3.4% on recent unrest
On September 1, the Indonesian stock market opened with a plunge of 3.441 TP3T (about 269.15 points) to 7,561 points, with a trading volume of 2.22 million shares and a turnover of Rp 2.07 billion. The Coordinating Minister for the Economy at a press conference at the Jakarta Stock Exchange called on investors to understand when...
Indonesia continues to enforce existing ethanol import regulations
Indonesia recently announced that it will continue to enforce existing ethanol import regulations, but said it will consider revising them if they adversely affect the domestic industry. The policy aims to balance domestic industry protection and international trade requirements between...
SAIC's first overseas dual-brand store opens in Jakarta
SAIC Group's first overseas "Wuling + MG MG" dual-brand co-branding experience center recently opened in Jakarta's prime business district, is the second store after the 2024 landing in Indonesia, marking the synergistic development of China's automobile brands in ASEAN into a new stage....