Industry Newsletters

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 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...

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...

Indonesia to import 1.4 million kiloliters of U.S. fuel in exchange for lower tariffs

The Indonesian government has announced plans to import 1.4 million kiloliters of fuel from the United States to meet the needs of the national oil company Pertamina and private gas stations, as well as to fulfill trade agreements with the United States. The total import amount is 1.4 million kiloliters (including Pertamina and private...

Imported steel threatens Indonesia's domestic steel industry

The Indonesian Iron and Steel Industry Association (IISIA) has warned that imported steel has become a serious threat to the development of the domestic steel industry. Data shows that in 2024 Indonesia's steel imports amounted to 8.72 million tons, far exceeding exports of 5.96 million tons, leading to a drop in domestic capacity utilization...

Nickel prices rise after partial seizure of Weda Bay nickel mine

Nickel prices on the London Metal Exchange (LME) rose 1% to $15,305 per ton after the Indonesian government confiscated part of China's Qingshan Holding Group's Weda Bay nickel mine. The confiscation covers an area of 148 hectares of the mine due to alleged license violations...

8 International Retail Brands Officially Located in Jakarta's Premium Malls

September 2025 Eight international retail brands have announced their presence in Jakarta's high-end malls, covering a wide range of sectors including food, fashion and lifestyle, reflecting the confidence of international brands in Indonesia's consumer market. The incoming brands and their locations are Han...

Kendall to build world's largest production site for trolley batteries

The Kendal Special Economic Zone (KEK Kendal) is developing into a global center for the production of battery materials for electric vehicles, the secretary-general of the Ministry of Economic Coordination has announced. As of the second quarter of 2025, the special zone has attracted investments of 90.12 trillion rupiah (about 5.8 billion...

China, India partner to develop 2.6 trillion rupiah waste-to-energy project

In September 2025, Indonesia's PT Maharaksa Biru Energi Tbk (OASA) and China Tianying (CNTY) established a joint venture to develop the South Tanggelang Waste-to-Energy (PLTSa) project. The project has a total investment of 2.65 trillion...

Indonesia's waste-to-energy tariff at $0.2/kWh

The Indonesian government has announced that the price of electricity sold for waste-to-energy projects will be standardized at $0.2/kWh (about 3,000 rupiah) and will not be subject to investor bargaining. The policy, which was announced by the Economic Coordination Minister at the Presidential Office recently, is aimed at accelerating the resolution of the country's 33 provincial...
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