行业快讯
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Prabowo Advances Tin Smelting Industry Development
President Prabowo recently visited Sumbawa Island, West Nusa Tenggara, to inspect tin smelter assets worth trillions of rupiah that were previously seized by prosecutors. During the inspection, Prabowo received briefings from the State-Owned Enterprises Minister and relevant o...
Prabowo Transfers Six Smelters to Indonesian Tin Company
Indonesian President Prabowo recently visited the Bangka Belitung Islands to inspect a refinery and symbolically hand over six smelters seized by the Attorney General's Office to PT Timah. These smelters are valued at approximately IDR 7 trillion and were previously operated b...
Indonesia's Financial Market Shows Mixed Recent Performance with Net Foreign Inflow Driving Stock Market Gains
Indonesia's financial market has shown mixed performance recently, with stocks rising but the rupiah under pressure and 10-year government bond yields declining. Investors are focusing on upcoming Bank Indonesia foreign exchange reserve data and global economic data. On the 6t...
Prabowo Cracks Down on Tin Mining, Reshaping Global Tin Supply
On October 6, Indonesian President Prabowo witnessed a key moment on Bangka Island: prosecutors handed over six seized tin smelters, approximately 680 tons of tin ingots, and 108 heavy machines to state-owned PT Timah for management. Meanwhile, a large number of illegal mining...
Chinese and South Korean Companies Cooperate to Build Stainless Steel Factory in Indonesia
South Korea's POSCO and China's Tsingshan Holding Group recently signed an agreement to jointly build a stainless steel factory with an annual capacity of 2 million tons in the Morowali Industrial Park on Sulawesi Island, Indonesia. The total investment in the project exceeds ...
China-Indonesia Cooperation Drives Agricultural Industry Development
Indonesia's Deputy Minister of Agriculture recently met in Jakarta with the visiting Deputy Minister of Agriculture and Rural Affairs of China. The two sides reached four consensus points on agricultural cooperation: They will strengthen rice research cooperation, focusing on ...
Indonesia to Continue Promoting Waste-to-Energy Projects
The Indonesian investment management agency BPI Danantara announced the advancement of waste-to-energy projects, with an estimated investment of 2 to 3 trillion rupiah to process 1,000 tons of waste daily. The project is jointly implemented by local governments, ministries, an...
Chinese Cigarette Imports Impact Local Industry Development
The Finance Minister recently emphasized the need to protect the survival of the local tobacco industry, while also addressing the issue of Chinese cigarette imports. Data from the Central Bureau of Statistics shows that from 2021 to July 2025, Indonesia imported tobacco and c...
Why Did the Indonesian Government Suspend 190 Mining Companies?
190 mining companies suddenly slammed on the brakes. The Nickel Mining Association directly backed the authorities, and even the President called for clearing out illegal mines. To make money in Indonesia's mining sector, companies must first pass compliance checks. The turnin...
Indonesian Nickel Mining Association Supports Government's Suspension of 190 Mining Companies
The Ministry of Energy and Mineral Resources recently suspended 190 mining companies (including 39 nickel companies) for failing to fulfill reclamation guarantee obligations (violating Government Regulation No. 78 of 2010). Indonesian Nickel Mining Association (APNI) Secretary...
Indonesian Policy Adjustment Affects China's Fresh Pear Exports
In the first half of 2025, China's pear exports increased by 18.26% year-on-year, but experienced a phased decline in the Indonesian market due to policy impacts. Indonesia delayed the registration and approval of testing laboratories to August, while only recognizing pesticid...
Indonesia Restricts Cassava and Ethanol Imports to Protect Farmers' Interests
The Minister of Trade recently signed a ministerial regulation formally restricting the import of cassava (singkong) and ethanol (etanol). This policy was issued at the direction of President Prabowo to protect domestic agriculture and the sugar industry. The government requir...