Skip to Main Content
Yinqitong

News & Updates

Focusing on Chinese investment news, policy updates, social dynamics, and industry bulletins, keeping you ahead of Indonesian market trends.

Recent Updates 2026-09-08
New Galvanized Steel Wire Factory Inaugurated in West Java, Indonesia
Industry News 2026-05-08

New Galvanized Steel Wire Factory Inaugurated in West Java, Indonesia

The Indonesian Vice Minister of Industry recently attended and officiated the inauguration of the galvanized steel wire factory of Beka Indonesia Wire Company (Beva Group) in Subang Regency, West Java Province. The completion of this project serves as an important signal of the recovery of Indonesia's basic metal industry investment amid challenging global economic conditions. The Vice Minister expressed appreciation and congratulations to the company for its investment, stating that the new factory will help enhance the level of self-sufficiency in Indonesia's domestic steel industry, particularly by strengthening the production capacity of steel wire products, improving the industrial chain structure of the construction and downstream sectors, while creating a large number of new jobs for local residents. Official data

Manufacturing Becomes Core Pillar Supporting Indonesia's Exports
Industry News 2026-05-07

Manufacturing Becomes Core Pillar Supporting Indonesia's Exports

From January to February 2026, Indonesia's manufacturing exports reached US$37.06 billion, a year-on-year increase of 6.69%, becoming the core pillar supporting the country's overall export performance. The Executive Director of the Center for Economic Reform Studies pointed out that the mineral downstream processing policy implemented by the Indonesian government over the past five years is the key driving force behind the strong performance of manufacturing exports. He explained that unprocessed nickel ore is classified as mining exports, while downstream processed products are included in manufacturing statistics; after the downstream policy was implemented, the proportion of high value-added manufactured goods increased, directly raising the share of manufacturing in overall exports. Today, manufacturing has become Indonesia's export

Indonesian Mining Company's Net Profit Doubles in Q1 2026
Industry News 2026-05-06

Indonesian Mining Company's Net Profit Doubles in Q1 2026

Indonesia's state-owned coal company Bukit Asam (PTBA) released its Q1 2026 financial report, with net profit attributable to the parent company reaching IDR 801.7 billion, a sharp increase of 105% from IDR 391.4 billion in the same period of 2025, achieving a doubling of earnings. The President Director of PTBA stated that the high rainfall at the beginning of the year posed challenges to production, but the company managed to stabilize sales volume through prudent inventory management, adhered to cost efficiency controls and selective mining strategies, optimized its cost structure, and supported a substantial rise in profits. Financial data shows that the company's operating revenue in the first quarter fell slightly from 9.9

Indonesia Only Allows Outsourcing Mode in Six Industry Sectors
Industry News 2026-05-05

Indonesia Only Allows Outsourcing Mode in Six Industry Sectors

The Minister of Manpower has officially signed and enacted Regulation No. 7 of 2026, imposing strict restrictions on the use of outsourcing by companies, explicitly allowing outsourcing only in six specific industry sectors. This regulation follows the 2023 ruling of the Indonesian Constitutional Court, aiming to improve legal certainty, strengthen labor rights protection, while also considering business sustainability. It was formally implemented on the eve of International Labor Day 2026. The new regulation defines six work areas where outsourcing is permitted: cleaning services, catering and logistics, security services, driver and employee commuter transport services, business operational support services

Indonesia's State Electricity Company Launches Large-Scale Solar PV Project
Industry News 2026-05-04

Indonesia's State Electricity Company Launches Large-Scale Solar PV Project

PLN, Indonesia's state electricity company, has officially launched the Nusantara Solar One photovoltaic power plant project, with a total installed capacity of 1,225 GW, adopting an integrated procurement and development model called GIGA ONE. The project's tender process officially began on April 30, 2026. GIGA ONE is a breakthrough in Indonesia's procurement model for large-scale renewable energy power plants, bundling multiple solar PV projects into a single strategic package to create advantages of scale, optimizing project economic efficiency while providing investors with more stable and predictable project guarantees. The President Director of PLN stated that this integrated

Indonesian Mining and Defense Giants Advance Copper-Gold Downstream Processing
Industry News 2026-05-03

Indonesian Mining and Defense Giants Advance Copper-Gold Downstream Processing

Indonesian state-owned mining group MIND ID's subsidiary PT Freeport Indonesia has entered into a strategic collaboration with state-owned defense industry group DEFEND ID to build a brass rolling mill and brass casting production line at the Gresik Industrial Park in East Java, with an annual capacity of 10,000 tons. Leveraging its own copper mine resources, the initiative aims to optimize copper supply, support Indonesia's defense and military industry, and fill gaps in the ammunition component supply chain. To further absorb Freeport's cathode copper output and meet domestic manufacturing demand, MIND ID plans to expand copper rod and copper wire production facilities with a designed annual capacity of 300,000 tons, along with an ancillary annual production of 10

China-Indonesia Vocational Education Industry-Academia Alliance Annual Meeting Held
Industry News 2026-05-02

China-Indonesia Vocational Education Industry-Academia Alliance Annual Meeting Held

The annual meeting of the China-Indonesia Vocational Education Industry-Academia Alliance (CITIEA) was recently held at the Innovation and Creativity Center of Gadjah Mada University in Indonesia. The Coordinating Minister for Human Development and Culture of Indonesia stated at the opening ceremony that in the face of global shocks such as technological change, climate change, and geopolitical shifts, all countries must strengthen collaboration and enhance competitiveness. He noted that this is an era of Asia's rise, and Indonesia and China should jointly become the core driving force leading Asia's development. He emphasized the need to view various global changes as opportunities for leapfrog development, promote deep integration of education and industry, ensure cooperation translates into practical actions that truly benefit society and people's livelihoods. At the same time, strengthen enterprises

One-stop Services for Indonesian Business Overseas Expansion

Company Registration Tax Compliance Legal Consulting Market Expansion Talent Recruitment
Learn More