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Chinese Heavy Industry Firms Harvest 4.5 Trillion Rupiah Order from Indonesia

Chinese heavy machinery manufacturer Zoomlion recently showcased more than 20 new environmentally friendly and intelligent equipment at Mining and Construction Indonesia 2025, aiming to expand its market in Indonesia....

Indonesia restricts cassava ethanol imports to protect farmers' interests

The Minister of Trade has recently signed the Trade Minister's Regulation officially restricting the importation of cassava (singkong) and ethanol (etanol). The policy was introduced at the instruction of President Prabowo to protect domestic agriculture and the sugar industry. The government requires cassava...

Indonesia's ambassador says India-China economic and trade cooperation has great prospects

The year 2025 marks the 75th anniversary of the establishment of diplomatic relations between China and Indonesia, and Indonesia's Ambassador to China Zhou Hao Li recently said that economic and trade cooperation between Indonesia and China continues to be good and promising. Indonesia welcomes Chinese enterprises to invest in Indonesia's mining, agriculture and fisheries, digital trade, smart...

Chinese firms acquire stakes in Indonesia-listed companies, causing share prices to soar

A number of Chinese companies have recently launched acquisitions of listed companies in Indonesia, driving up the prices of related stocks sharply.PT Tourindo Guide Indonesia (PGJO) was acquired by China's Zhengyu Global Trading for 61.96% shares, share...

Indonesia confiscates 148 hectares of land from Weda Bay nickel mine

The Energy and Mineral Resources Department (ESDM) has confiscated PT Weda Bay Nickel's (WBN) 148.25-hectare mining site on Hamahira Island in North Maluku province. The mine has a mining license but not a forest borrowing permit (IPPK...

Indonesia to become world's largest geothermal energy producer in 5 years

The Ministry of Energy and Mineral Resources (MEMR) has announced that it aims to overtake the United States as the world's number one country in geothermal energy utilization within five years. Indonesia is currently second in the world with 2.71 gigawatts (GW) of installed geothermal power capacity, while the United States with 3.6 GW installed...

Indonesian Waste-to-Energy Project Faces Financial and Technical Challenges

The Indonesian government plans to build waste-to-energy (WtE) plants in 33 provinces across the country to solve the urban waste problem and increase the supply of green energy. The total investment in the project is expected to reach 300 trillion rupiah, with funding mainly from the National Investment Management Agency (Dan...

Indonesian investment agency Danantara to invest in Vale nickel processing project

Danantara, Indonesia's national investment management agency, is considering investing in three high-pressure acid leaching (HPAL) smelter projects of PT Vale Indonesia (INCO). The projects are located in Pomalaa, Southeast Sulawesi, Morowa, Central Sulawesi...

China's top three auto brands among top 10 in Indonesia's auto market in August

Data from the Indonesian Automotive Industry Association (Gaikindo) shows that Chinese car brands are shining in the Indonesian market, with BYD, Wuling and Chery among the top 10 sellers in August. BYD with 2,746 units...

Chinese investor expelled for irregularities in palm fruit trading

The Immigration Department in Kotabumi, Lampung province, recently deported a Chinese investor who worked for a local company and was found to have been engaged in irregularities in the private trading of palm fruits while the company was out of operation. His holdings were the company's investment...
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