Industry Newsletters

The Finance Ministry's Directorate General of Taxation (DJP) has issued a stern warning to hundreds of companies over data discrepancies such as underinvoicing and the use of false invoices found in the palm oil industry. The finance minister recently emphasized that the government and the fiscal...

Around the issue of second-hand clothing (thrifting) imports, the Finance Minister recently reiterated that the government will continue to combat illegal imports and rejected the proposal to legalize by paying taxes, stressing that the key is the legitimacy of the goods and not the tax. However, public opinion has questioned the current...

On the map of Indonesia's mining industry, MIND ID has long been not just a symbol of state-owned enterprises, but the "chief captain" in charge of nickel, copper, gold, tin and other core resources, dominating the layout and rhythm of the entire industry. The full name is PT Mineral Ind...

As the world's largest palm oil producer, Indonesia has produced a number of billionaires who have risen to prominence in the industry, as summarized in the following Forbes list and related information: 1. Martua Sitorus: In 1991, he founded Wilmar, which was the world's largest producer of palm oil, and was the world's largest producer of palm oil in the past three years, and has been the world's biggest producer of palm oil since its founding in 1991.

The Coordinating Minister for Economic Affairs has reported the results of strategic cooperation with China, signing a memorandum of understanding (MoU) involving strategic industrial projects with a total investment of 36.4 trillion dongs, which will be located in the Batang Industrial Park, which has been inaugurated previously. The cooperation covers...

PT Inalum (PT Inalum) plans to build the second phase of its alumina refinery (SGAR Fase 2) in Mempawah, West Kalimantan, as the SGAR Phase 1 expansion project, which is targeted to start production in 2028. The company's managing director said that a ...

Indonesia's Future Energy Investment Authority (BPI Danantara) has announced the opening of the bidding for the first phase of the four-city (Bogor, Bekasi, Denpasar, and Yogyakarta) waste-to-energy plant (PLTSa) project. This is the government's big push to turn waste into...

The state power utility (PLN) has revealed that a large supply of garbage is required to build waste-to-energy plants (PLTSa) at seven locations. To achieve the installed capacity of 197.4 MW, as much as 12,000 tons of garbage will have to be processed every day. PLN general manager said...

The Indonesian government will crack down on Chinese imports that hit local products, targeting more than just second-hand clothing. The Minister of Micro, Small and Medium Enterprises (MSME) said after a meeting at the Ministry of Trade in Jakarta that the government is not only going to regulate the importation of second-hand clothing, but also control that...

The Ministry of Economic Coordination (MEC) recently conducted a visit to PT HLI Green Power's production facility in Karawang, West Java, in order to promote green and sustainable economic transformation and accelerate the development of the national electric vehicle (EV) industry. The Ministry of Economic Coordination's Economic Digitalization...