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Indonesia Plans to Significantly Cut Nickel Production This Year
Industry News 2025-02-04

Indonesia Plans to Significantly Cut Nickel Production This Year

Indonesia is considering a drastic reduction of nickel production from 272 million tons in 2024 to 150 million tons in 2025. Macquarie Group warns that Indonesia's nickel mine output cuts could reduce global supply by 35%, threatening the supply of a key metal for electric veh...

US Cancels Anti-Dumping Tariffs on Indonesian Aluminum Products
Industry Updates 2025-01-25

US Cancels Anti-Dumping Tariffs on Indonesian Aluminum Products

The United States International Trade Commission has decided not to impose anti-dumping and countervailing duties on Indonesian extruded aluminum products, ending the investigation and ensuring that Indonesian aluminum products are not deemed harmful to US industry. Indonesia'...

Indonesia Market Insights and Overseas Expansion Guide: Summary of Wang掌柜's Live Stream Key Points
Industry News 2025-01-22

Indonesia Market Insights and Overseas Expansion Guide: Summary of Wang掌柜's Live Stream Key Points

In this live stream, Wang掌柜 from Indonesia engaged in in-depth discussions and sharing with the audience on topics related to expanding into Southeast Asia, especially landing in Indonesia, providing companies with rich market information and practical advice. I. Market Tren...

Indonesia Nickel Industry Policy Adjustment: Smelters Will No Longer Receive Preferential Treatment
Industry News 2025-01-18

Indonesia Nickel Industry Policy Adjustment: Smelters Will No Longer Receive Preferential Treatment

The government is reviewing incentives given to companies with nickel processing and refining facilities.With the increasing number of nickel smelters, the Deputy Minister of Energy and Mineral Resources stated that nickel smelting companies such as those producing nickel pig ...

Scope and Calculation Method of Indonesia's 12% VAT
Industry News 2025-01-11

Scope and Calculation Method of Indonesia's 12% VAT

The following is the calculation method for luxury house prices after the VAT increase: The PPnBM rates vary, with a minimum of 10% and a maximum of 200%. PPnBM belonging to the 20% tax rate group includes luxury residences such as non-stratified title houses and townhouses wi...

Indonesia Imports 402,000 Tons of Garlic from China from January to October 2024
Industry News 2024-12-22

Indonesia Imports 402,000 Tons of Garlic from China from January to October 2024

Indonesia's Central Statistics Agency revealed that from January to October 2024, Indonesia imported 402,000 tons of garlic worth USD 532.47 million (equivalent to IDR 8.4 trillion). The imported garlic mainly came from several source countries, including China, India, and Aus...

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Indonesia's Best-Selling Car in November: Innova Takes the Lead, Surpassing Avanza and Brio
Industry News 2024-12-21

Indonesia's Best-Selling Car in November: Innova Takes the Lead, Surpassing Avanza and Brio

The Toyota Avanza was once the best-selling car in Indonesia, but the Innova overtook it in November with 5,908 units sold. As of October, the Innova was the top seller with 5,693 units. In 2023, the Innova also became the best-selling car, defeating regular top sellers like t...

Indonesian Government Reviews, Suspends Nickel Smelter Development Plans
Industry News 2024-12-18

Indonesian Government Reviews, Suspends Nickel Smelter Development Plans

The Ministry of Energy and Mineral Resources plans to review the policy of suspending or restricting the operation of nickel refining and processing facilities in Indonesia. The Deputy Minister stated that due to industry considerations regarding demand for nickel products, th...