Average annual expenditure of Indonesian residents this year is 12.34 million rupiahs
Data from the Central Bureau of Statistics (BPS) shows that the average real expenditure of the Indonesian population in 2024 will be 12.34 million rupiah per person per year, a figure that represents a considerable increase compared to 2023. The Indonesian people's expenditure has increased by 442,000 rupiah, i.e. an increase...
Indonesia Imported 402,000 Tons of Garlic from China in Jan-Oct 2024
Indonesia imported 402,000 tons of garlic valued at US$532.47 million (equivalent to Rp 8.4 trillion) during the period of January-October 2024, the Central Statistical Agency of Indonesia revealed. There are several main source countries for imported garlic, such as China, India, and Australia...
Indonesia's best-selling car in November, Innova, takes top spot over Avanza and Brio
Toyota Avanza used to be the top seller in Indonesia, however Innova surpassed it in November with 5,908 units sold. As of October, Innova is the top seller with 5,693 units sold.2023 Innova also became the top seller, beating Toyota Avanza and Honda Bri...
Latest Official Fees for Indonesian Visa and Residence Permit
Indonesia has officially implemented the updated non-taxable state revenue (PNBP) regulation, which revises the fees for immigration services such as visa applications, residence permits and passport issuance, with a general increase of Rp 1 million in taxes for business visas in categories C and D (...
Indonesia is becoming a cluster of PV capacity
Yun Cheng PV Indonesia factory PV cell and module production line officially put into production, nameplate capacity of 2.5GW each, can produce PERC and n-type products. Its CEO said the US is an important market, and that by mid-2025 US customers could benefit from Indonesia, Lao...
Indonesian government reviews, suspends nickel smelter development program
The Ministry of Energy and Mineral Resources (MEMR) plans to review the policy of suspending or restricting the operation of nickel refining and processing facilities in Indonesia. The deputy minister said the suspension program needs to be reassessed due to industry considerations of demand for nickel products. No measures have been taken to suspend...
Two Chinese companies invest 900 billion rupiah in Batang industrial zone
Kawasan Industri Terpadu Batang (KITB) has once again attracted global investment totaling Rp 900 billion, mainly from two Chinese companies. The investment was made through the signing of an industrial land use agreement and a commercial space lease agreement,...
Chinese auto brands continue to grow sales in Indonesia
China's electric car giant, BYD, 2024 saw an increase in car sales in the Indonesian market in October from factory to dealer or wholesale level. According to the latest data from the Indonesian Automotive Industry Association (Gaikindo), in October this year BYD...
Chinese brands dominate Indonesia's cell phone market
Indonesia cell phone market grew 11.3% in Q3 2024 along with the Southeast Asia trend, with shipments reaching 8.7 million units, accounting for about 35% in Southeast Asia.Among them, the contribution of cheap $100 - $199 and sub $100 models was large, and the penetration rate of 5G cell phones rose to 2...
China-India Dual Park Service Center opens at Guangzhou Baiyun Airport
December 12, Indonesia Investment Service Center and China and India dual-park Baiyun Airport consulting station in Guangzhou Baiyun International Airport T2 unveiled and opened, which is also the first "Belt and Road" countries Baiyun International Airport consulting station, will be for the China-India economic...