Steel associations support anti-dumping import duties
The Indonesian Iron and Steel Industry Association (IISIA) has welcomed the implementation of the Anti-Dumping Import Duty (BMAD) policy, which is seen to preserve the competitiveness of the domestic steel industry and discourage lower-priced imported steel products.The BMAD is a measure of...
Indonesia imposes anti-dumping duties on mainland and Taiwan nylon films
The Finance Minister has imposed anti-dumping duty on imports of nylon film products from mainland China, Thailand and Taiwan, China, as the export prices of the imports in question are lower than the normal value, resulting in losses to the indigenous industry. The provision is effective from 2025 3...
Indonesia plans to impose royalties on multiple metals
Cobalt prices on the London Metal Exchange stood at $29,210 per ton today, up 5.261 TP3T from the previous session's close, while nickel prices were down 0.351 TP3T at $16,493 per ton, well below the record high selling price of 2022-2023. 2023-2024...
Huawei officially launches folding screen phone in Indonesia
Huawei has officially launched the folding phone Huawei Mate X6 in Indonesia, and Huawei Devices Indonesia senior retail manager said the promotional price will be valid for the next month at Rp 24,999,000. The Huawei Mate X6 is available in two colors...
Chinese medical company invests in Indonesian factory
PT Kawasan Industri Nusantara (PT KINRA), a subsidiary of PTPN III, has signed an investment agreement for the glove and medical equipment industry from China at the Sei Mangkei Special Economic Zone in North Sumatra, a deal worth 2.97...
Indonesia identifies twenty-one downstreaming projects
President Prabowo recently chaired a meeting at the Presidential Palace in Jakarta, asking the government to continuously accelerate downstreaming of domestic industries to improve energy resilience, create jobs and boost economic growth. The meeting formulated 21 first-phase downstreaming...
Multi-field cooperation between East Java and China
The Governor of East Java met in Surabaya with the Chinese Consul General in Surabaya, Xu Yong, who conveyed a congratulatory letter from the Mayor of Shanghai and the Mayor of Tianjin on her assumption of office as the Governor of East Java and congratulated her and the people of East Java on their fasting. The two sides discussed ...
China's participation in developing Indonesia's nuclear power energy industry
The world trend of investment in nuclear power plants is increasing year by year, and the Indonesian Chamber of Commerce and Industry (Komnas HAM) will work with the government to capitalize on this momentum and potential, the Komnas HAM's Vice President for Energy and Mineral Resources said, expressing appreciation for the government's prioritization of the development of the new energy sector. President Prabowo...
President Prabowo meets with eight Chinese business tycoons
President Prabowo hosted a banquet at the Presidential Palace in Jakarta in honor of eight major Chinese entrepreneurs, accompanied by State Secretary Ministers and Cabinet Secretaries. The eight entrepreneurs included Anthony Salim (Lim Fong Seng), Sugianto Kusuma (Kuo Re...
Indonesia's Ministry of Industry responds to Jiangsu Delong's Indonesian nickel crisis
PT GNI's nickel smelter is located in North Morovalli, and the company is currently in a transition phase due to the new management being more selective in raw material choices, and production is expected to return to normal in April 2025. Employee capacity will be upgraded during this period, and the public...
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