Tencent Partners with MahakaX to Develop AI Features in Indonesia
Tencent and MahakaX recently launched the Smart AI Agent Platform 3.0 (ADP), enabling enterprises to develop custom AI workflows. They also introduced the "Hunyuan 3D" series of AI models, supporting multilingual and 3D content generation. The knowledge management tool Tencent LearnShare has served 300,000 enterprises with an accuracy rate of 92%. Tencent Cloud's international business has grown by over 10% annually, covering key markets such as Southeast Asia and Japan, with 95% of China's top gaming companies using Tencent Cloud services. They also partnered with Indonesian listed company M
Indonesian Policy Adjustment Affects China's Fresh Pear Exports
XCMG Plans to Invest and Build Factories in Indonesia
Multiple Chinese Companies Acquire Shares of Indonesian Listed Companies
Indonesia Plans USD Deposit Incentives to Attract Remittances Back
Chinese Heavy Machinery Company Secures IDR 4.5 Trillion Order in Indonesia
Chinese heavy machinery manufacturer Zoomlion recently showcased over 20 new eco-friendly smart equipment models at the Mining and Construction Indonesia 2025 exhibition, aiming to expand its presence in the Indonesian market. Key products include the ZWL62G wheel loader, designed specifically for tropical climates with low energy consumption and low emissions. The President of Zoomlion Indonesia stated that they obtained IDR 4.5 trillion in orders on the first day of the exhibition, positioning Indonesia as a global strategic market.
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 requires that imports of cassava and cassava products (such as cassava starch) must have a producer importer license (API-P), while ethanol imports must go through the import approval (PI) mechanism. Additionally, a technical recommendation letter or commodity balance sheet from the Ministry of Industry is required, and customs will strengthen import supervision. Previously unrestricted imports led to a sharp decline in sugarcane molasses prices,
Indonesian Ambassador Says China-Indonesia Economic and Trade Cooperation Has Bright Prospects
2025 marks the 75th anniversary of the establishment of diplomatic relations between China and Indonesia. Indonesian Ambassador to China Djauhari Oratmangun recently stated that economic and trade cooperation between Indonesia and China continues to improve with broad prospects. Indonesia welcomes high-quality investments from Chinese companies in sectors such as mining, agriculture and fisheries, digital trade, and smart logistics. He expressed that Indonesia looks forward to achieving fair, inclusive, and sustainable economic growth, with China being a crucial partner. During an interview, he quoted the Chinese idiom “同舟共济” (helping each other in the same boat) to describe the China-Indonesia relationship: “We are in the same boat, and our river keeps changing. If we row in rhythm, we will reach the eternal shore."
Chinese Companies Acquire Shares in Indonesian Listed Companies, Causing Stock Surge
Several Chinese companies have recently initiated acquisitions of Indonesian listed companies, driving significant increases in related stock prices. PT Tourindo Guide Indonesia (PGJO) had 61.96% of its shares acquired by China's Zhengyu Global Trading, with its share price rising 957.89% within the year to IDR 1,105 per share, as the company's business shifted from a tourism technology platform to commodity trading. PT Bangun Karya Perkasa Jaya (KRYA) acquired an electric vehicle company
Indonesia Confiscates 148 Hectares of Land from Weda Bay Nickel Mine
The Ministry of Energy and Mineral Resources (ESDM) confiscated 148.25 hectares of mining area belonging to PT Weda Bay Nickel (WBN) on Halmahera Island, North Maluku Province. Although the mining area holds a mining permit, it did not obtain a Forest Borrow-Use Permit (IPPKH); at the same time, 172.82 hectares of nickel mining area belonging to PT Tonia Mitra Sejahtera (2.93% of its total mining area) was also confiscated. The company's shareholding structure is: China's Tsingshan Holding Group (51.3%), France's Eramet (37.
Indonesia to Become World's Largest Geothermal Energy Producer within 5 Years
The Ministry of Energy and Mineral Resources recently announced its target to surpass the United States as the world's largest user of geothermal energy within 5 years. Currently, Indonesia's geothermal power installed capacity is 2.71 GW, ranking second globally; while the US ranks first with 3.6 GW installed capacity. The short-term target is to add 1 GW of installed capacity within 5 years, reaching a total of 3.71 GW to overtake the US; the long-term 10-year target is to increase total installed capacity to 5.2 GW (based on the 2025-2034 Electricity Supply General Plan). The government has shortened the development permit process for Geothermal Working Areas (WK
Indonesia's Waste-to-Energy Projects Face Financial and Technical Challenges
The Indonesian government plans to build waste-to-energy (WtE) plants in 33 provinces nationwide to address urban waste issues and increase green energy supply. The total investment for this project is estimated at 300 trillion rupiah, with funding primarily coming from the state investment management agency (Danantara). The Coordinating Minister for Economic Affairs confirmed the project will be fully funded by Danantara, though the Finance Minister previously stated it might use the state budget (APBN). Additionally, local governments must provide land and ensure a 20-year waste supply. The current waste treatment rate is only 60%, with 40% still being discarded indiscriminately; 70% of Indonesia's waste is high-moisture organic waste requiring pretreatment, increasing costs; meanwhile, waste-to-energy generation costs (5–13 million USD per plant) are higher than solar/hydroelectric power. UGM scholars point out that if waste management responsibility is shifted to developers, it will become economically unfeasible; IESR emphasizes that dozens of facilities must be built simultaneously to achieve the 2029 'zero waste' target; Celios notes that waste sorting and transportation costs may drive up electricity prices. The government is currently revising presidential regulations, aiming to abolish waste processing fees paid by local governments and have developers assume the risk instead. Analysts believe that if poorly planned, this project could become a new financial burden on the state.