Indonesia's industry ministry accuses trade ministry regulations of hurting manufacturing industry
The Ministry of Industry has again blamed trade regulation regulations for hitting Indonesia's manufacturing sector, which has contracted for four consecutive months in October 2024 as Indonesia's manufacturing PMI contracted to 49.2. The industry ministry questioned the regulation's claim to protect domestic industry as it removes...
Indonesian battery plant to supply Chinese car brands
SAIC CATL joins hands with Kentjana Group to build a battery packaging plant in Indonesia. The factory, with an annual capacity of 20,000 battery packs, will be operated by PT UABS Indonesia, with SAIC-Ningde Times holding 67% and Kentjana Group 33%. Initially ...
Ningde Times invests $1.2 billion to build factory in Indonesia
Chinese battery maker Ningde Times New Energy Technology Co Ltd (CATL) is investing $1.2 billion (about Rp 18.66 trillion) in Indonesia.CATL, through its subsidiary CBL International Development, has entered into an agreement with PT Indonesia ...
Indonesian Nickel Processing Plant Becomes Key Link in Global EV Battery Supply Chain
CNGR Indonesia, a Chinese company that produces nickel metal and makes precursors for electric car batteries in Indonesia, said its public relations director that leading international car companies such as Tesla and BYD indirectly use Indonesian materials, and that the nickel sulfate contained in the precursors comes...
Don't Miss the December 1 Seminar on Domestic Water Safety in Indonesia
Safe and Healthy Domestic Water in Indonesia As the importance of quality of life and health increases among Indonesian residents, safe and healthy drinking and domestic water has become a hot topic of concern. Especially in Jakarta, the issue of water quality is particularly prominent. This ...
Investment in Indonesia rejected after Apple ban, four principles to be discussed
Apple's $100 million (Rp 1.58 trillion) investment offer to sell the iPhone 16 series in Indonesia has been rejected by the country's industry minister. The government will renegotiate because it did not meet expectations based on technocratic assessments, did not follow four...
NICE, a large-scale convention center in the PIK 2 area, is expected to start operation next September.
NICE, Indonesia's largest exhibition center located in the PIK 2 area, is expected to begin operations in September next year. The center, which covers an area of 40 hectares and has 15 towers installed, consists of three exhibition buildings, among others, with a total construction area of 30 hectares. NICE is located at a distance of PIK 2...
Seven-seat MPVs are a must in Indonesia's car market
Chinese electric car maker Aion, which has already launched three electric vehicles in Indonesia, is now developing an Indonesia-only MPV to meet local family car demand.Aion's chief executive said a three-row model is essential to enter the Indonesian market,...
Nickel Reserve Advantage Boosts Strong EV Battery Ecosystem in Indonesia
With its rich nickel reserves and related mineral resources, Indonesia will be strategically important in the development of the global electric vehicle ecosystem over the next five years, said state-owned mining holding company MIND ID. It is expected that in the next five years, Indonesia's nickel...
Indonesia gas prices rise in tandem, fueled by Middle East situation
Coal prices have recently risen sharply to six-week highs, following the same trend as soaring natural gas prices. coal prices in Newcastle rose to $149.60 per ton in November and are expected to reach $151.50 in December; Rotterdam coal prices rose to $123.45 in November...