Eight Indonesian Companies Selected for Asia's 100 Companies to Watch
Forbes recently released its 2025 list of Asia's 100 Companies to Watch, with 8 Indonesian startups selected, covering fields such as green building materials, fintech, and environmental services. India led the list with 18 companies, followed by Singapore and Japan with 14 each, China with 9, and Indonesia and South Korea with 8 each. Selected companies include: 1. BRIK (founded 2022): Provides a direct sales platform for green building materials, has secured $22 million in funding, with clients including property groups like Ciputra; 2. ESB (founded 2018): Develops PO
1,690 Indonesian Companies Invest Over 930 Trillion Rupiah in Factory Construction
Indonesia Continues to Implement Current Ethanol Import Regulations
China's Investment in Indonesia Exceeds RMB 254 Billion
French Mining Company Expands Nickel Mining Operations in Indonesia
From 500MW to 7GW: Indonesia's Ambitious Nuclear Power Layout Exposed
Indonesia's nuclear power development plan has a short-term target of building a 500MW nuclear power plant by 2034, and a long-term target of expanding to 7GW by 2040. The initial investment of IDR 52.3 trillion (approximately USD 320 million) covers the 2025-2034 construction period. Total investment in the power sector is USD 18.8 billion (approximately IDR 2,967 trillion), with nuclear power accounting for 17% (second only to geothermal and solar PV). The project is led by the State Electricity Company, adopting small modular reactor technology, with candidate sites including Bangka Belitung (feasibility study stage) and Kalimantan (alternative).
Extension of Indonesia's Agricultural Industry Chain Could Contribute 2,600 Trillion Rupiah
The Minister of Agriculture recently introduced the export potential of Indonesia's coconut industry and plans for industrial chain extension. Indonesia's coconut plantation area reaches 2.8 million hectares. If the industrial chain is extended, exports are expected to exceed 400 trillion rupiah, with main target markets being China and India. Not limited to coconuts, cash crops such as coffee, cocoa, nutmeg, and mint can also increase export value through industrial chain extension, with an estimated overall contribution of 2,600 trillion rupiah. The plan is expected to create 1.6 million jobs within 3 years, increase farmers' income, and help strengthen the national economy. Implementation requires the involvement of the Indonesian military, leveraging its execution capability to ensure the plan is realized, prevent resource loss, achieve agricultural self-sufficiency, and reduce imports.
Indonesian Investment Agency Takes Over Debt Restructuring Affairs of Jakarta-Bandung High-Speed Rail
The Jakarta-Bandung High-Speed Rail, a major project of the previous Joko Widodo administration, was primarily funded by loans from China Development Bank (CDB), with the remainder coming from the state budget and capital from consortiums of state-owned enterprises in Indonesia and China. The project started construction in 2016 and experienced a cost overrun of US$1.2 billion, equivalent to IDR 18.02 trillion. After a joint audit by both countries, the total construction cost reached US$7.27 billion, equivalent to IDR 108.14 trillion. Indonesia's National Investment Authority (BPI Danantara) plans to restructure the debt of
Indonesia Plans to Build Solar Power Plant in Cooperation with Chinese Companies
Indonesia plans to build a 100 GW solar power plant in cooperation with Chinese companies. This collaboration was advanced during the Minister of Energy and Mineral Resources' working visit to China, where he recently held bilateral talks with Chinese solar panel company Trina Solar. Indonesia's solar energy potential reaches 3,294 GW peak, but as of December 2024, only about 912 MW had been utilized. The government hopes to optimize clean energy power supply planning through cooperation, achieving energy sustainability and self-sufficiency. The cooperation focuses on PT Trina Ma
Chinese Investors Actively Invest in Indonesia's Halal Industrial Park
The Indonesian government stated that Chinese investors have lined up to invest in the Halal Industrial Park (KIH) in Sidoarjo, East Java, primarily in areas such as halal gelatin, pharmaceuticals, and cosmetics. For example, Chinese investor AminBio focuses on halal gelatin production, and Zhong Tou Investment focuses on halal pharmaceuticals and cosmetics. Investment realization in this halal special economic zone still requires approval from President Prabowo, and the Coordinating Ministry for Economic Affairs has submitted a draft government regulation, hoping to complete the approval process as soon as possible. The Sidoarjo Halal Industrial Park is one of four halal industrial parks in Indonesia, with the other three
China and Indonesia Plan Joint Acquisition of Nickel Smelter
According to the Indonesian Nickel Miners Association (APNI), the Indonesian Investment Authority Danantara is expected to form a consortium with Chinese companies to jointly acquire the nickel smelter assets of PT Gunbuster Nickel Industry (GNI). The acquisition plan is still under development, with Danantara awaiting stakeholder approval and conducting due diligence, planning to proceed with mining state-owned enterprise parent company MIND ID as the main partner. Danantara intends to prepare approximately US$20 billion in initial acquisition funds, with an additional US$60 million in syndicated loan
Indonesia to Welcome 6 Large Enterprises with Total Market Cap Exceeding IDR 3 Trillion for IPO in 2025
The President Director of the Indonesia Stock Exchange (IDX) stated at a press conference for the 48th anniversary of the capital market held at the IDX Main Hall in Jakarta that two major leading enterprises plan to conduct their Initial Public Offerings (IPO) in the second half of 2025. In the first half of 2025, four large enterprises completed their IPOs: PT Raharja Energi Cepu Tbk (RATU), PT Bangun Kosambi Sukses Tbk (CBDK), PT Yupi Indo Jelly Gum Tbk