Industry Newsletters
China remains Indonesia's top source of imports
Indonesia's imports in 2024 amounted to $235.2 billion, up 5.42% from $221.9 billion in 2023.Of this, oil and gas imports amounted to $36.28 billion, while non-oil and gas imports amounted to $198.9 billion.The top 10 sources of imports for Indonesia in 2024 were the C...
Land prices continue to rise in Jakarta
Jakarta Land Prices Hit Record Highs as SCBD Regions Overtake Menteng and Sudirman Land prices in Jakarta's Special Administrative Region (SAR), especially in the urban and commercial areas, continue to rise, with some land now costing up to tens of billions of rupiahs per square meter.The SCBD (Su...
Indonesia to increase imports of U.S. oil and agricultural products
The Minister of Economic Coordination has said that the Indonesian government plans to sign a Memorandum of Understanding (MoU) with the United States on Monday, July 7, 2025 on increasing imports, which involves Indonesia increasing imports of oil from the United States as well as commodities such as agricultural...
China-India "Binational Park" Focuses on Multi-Sectoral Cooperation
After China opened quarantine access to Indonesian fresh coconuts in November 2024, 100 kilograms of fresh coconuts from Indonesia arrived smoothly at Fuzhou Airport on April 12, 2025, and were sent to Fujian Miaotianhui Foods Co. after being qualified by the customs quarantine...
Prabowo attends the groundbreaking of Ningde Times automotive battery project
President Prabowo yesterday attended the groundbreaking ceremony for the Integrated Electric Vehicle Battery Industry Ecosystem Project built by the ANTAM-IBC-CBL consortium in Karawang regency, West Java, and delivered a speech in which he emphasized that the development of the new energy industry is the key to realizing...
Indonesia's coal exports to China and India fall
As of May 2025, Indonesia's coal exports to China were down 151 TP3T year-on-year, and exports to India were down 71 TP3T year-on-year.The main reasons for the decline in exports include intensified international price competition, and coal production in Russia, Mongolia, Australia, and other countries...
Indonesian government forecasts car sales of only 832,000 units this year
The Deputy Director General of the Coordinating Ministry of Infrastructure and Regional Development forecasts that Indonesia's car sales will be only 832,000 units in 2025, below the 900,000 target set by the Indonesian Automotive Industry Association. The data is based on the first five months of the last two years of the country's four-wheel and above...
Indonesia conditionally approves TikTok's acquisition of Tokopedia
Indonesia's Business Competition Supervisory Board (KPPU) has given conditional approval to TikTok Nusantara Pte Ltd's acquisition of shares in PT Tokopedia. This follows speculation that the acquisition deal could trigger monopolistic behavior, and the KPPU's tun...
Three key industrial parks of the Binational Twin Parks Program
Indonesia's Ministry of Economic Coordination has facilitated the signing of two strategic Memorandums of Understanding (MoUs) with China, focusing on strengthening industrial and supply chain cooperation and the implementation of bi-national twin-park projects, which were agreed upon during the Chinese Premier's visit to Indonesia. The key parks include the Batang General...
Indonesia's largest solar panel factory officially starts production
The Minister of Industry recently inaugurated PT Trina Mas Agra Indonesia's (TMAI) solar panel factory in the Kendal Special Economic Zone in Central Java, with an investment of more than Rp 1.5 trillion and an initial operating capacity of 1 GW per year per...
