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
Indonesia's July Trade Surplus Reaches $4.17 Billion
TikTok Shop Indonesia's GMV Reaches $6.2 Billion, Ranking Second Globally
President Prabowo Returns to Indonesia After 8-Hour Visit to China
Finance Minister Confirms Indonesia Will Not Impose New Taxes in 2026
LiuGong Machinery Invests 500 Million Yuan to Build Factory in Indonesia
China's leading construction machinery enterprise Guangxi LiuGong held the inauguration ceremony of LiuGong Finance Indonesia and customer event in Jakarta. The company previously agreed to have its wholly-owned subsidiary LiuGong Machinery Indonesia Manufacturing Co., Ltd. invest 500 million yuan to build a manufacturing plant in Indonesia, which will help strengthen the company's overseas localized manufacturing capabilities and further improve the global supply chain system. The event, themed "Collaboration and Co-creation for a Sustainable Indonesia," showcased LiuGong's earthmoving machinery, lifting equipment, and electrified product lines, and launched electric and intelligent solutions tailored for the Indonesian market. During the same period, the
1,690 Indonesian Companies Invest Over 930 Trillion Rupiah in Factory Construction
According to data from the Ministry of Industry, as of August 2025, a total of 1,690 companies are building production facilities nationwide, with a total investment of 930 trillion rupiah (approximately US$42.2 billion), expected to create 332,000 jobs. Among them, the food industry is the most active in investment, with 246 companies investing 50 trillion rupiah, which will absorb 16,000 workers; the textile industry has 77 companies investing 5 trillion rupiah, providing 14,000 jobs. The investment in the leather and footwear industry even exceeds that of the food industry, falling under a combination of capital and labor-intensive sectors. A spokesperson for the Ministry of Industry stated that
Indonesian Stock Market Plunges 3.4% Amid Recent Unrest
On September 1, the Indonesian stock market opened with a sharp drop of 3.44% (approximately 269.15 points), falling to 7,561 points, with a trading volume of 2.22 million shares and a transaction value of 2.07 billion Indonesian rupiah. At a press conference at the Jakarta Stock Exchange, the Coordinating Minister for Economic Affairs called on investors to understand the current market volatility, emphasizing that Indonesia's economic fundamentals (corporate finances and prospects) remain solid, and expected that the impact of socio-political dynamics on the economy would only be short-term. He stated that the government is maintaining communication with listed companies, the exchange, and investors to ensure that investment plans are not disrupted, and pledged to maintain economic stability
Indonesia Continues to Implement Current Ethanol Import Regulations
Indonesia recently announced that it will continue to implement the current ethanol import regulations, but stated that if these regulations have adverse effects on the domestic industry, revisions will be considered. The policy aims to balance the relationship between domestic industrial protection and international trade requirements. According to a statement from the Ministry of Trade, the government will closely monitor the impact of ethanol import policies on local industries, particularly in the energy and chemical sectors. If the current policies are found to have adverse effects on these industries, the government will take measures to make adjustments. However, the government also emphasized that any revisions will be based on a comprehensive assessment of the impact on industries to ensure the policy is scientific and sustainable.
SAIC's First Overseas Dual-Brand Store Opens in Jakarta
SAIC Group's first overseas dual-brand co-branded experience center, featuring "Wuling + MG," recently opened in a prime commercial district in Jakarta. This is the second store since its entry into Indonesia in 2024, marking a new phase of coordinated development for Chinese automotive brands in ASEAN. The center is jointly built by SAIC-GM-Wuling (deeply rooted in Indonesia for 8 years, driving 17 Chinese supply chain partners to go overseas, and establishing 150 sales and service outlets) and MG Indonesia, providing channel support for the "Indonesia-Malaysia-Thailand Integration" strategy. The General Manager of Wuling Indonesia stated that this is a practice of product, channel, and capacity synergy in the group's overseas strategy.
Anta Officially Enters Indonesia's Sporting Goods Market
The globally renowned sportswear brand Anta officially announced its entry into the Indonesian market through a launch event featuring its brand ambassador. Previously, Anta opened its first mono-brand store in Jakarta's Living World Kota Wisata Cibubur in July 2025, and set up an Anta Kids superstore at Puri Indah Mall in early September, adopting a multi-store operation model covering core sports series, children's series, and fashion-forward stores to serve different consumer groups. Anta Group's Vice President stated that Indonesia, with its large population and vibrant market, is a
Protests and Clashes Erupt in Over 20 Cities Across Indonesia
The local immigration office in Surabaya recently carried out deportation procedures for two Chinese citizens at Juanda International Airport, who were expelled for violating relevant provisions of Indonesia's Immigration Law. The specific articles involve violations of residence permits for foreign nationals, and all judicial review processes have been completed. The head of the local immigration office stated that the immigration enforcement actions demonstrate the country's determination to uphold sovereignty, and they will continue to supervise the residence of foreign nationals in a professional and humane manner. Since the beginning of this year, the office has deported a total of 23 foreign nationals from 14 countries who violated regulations. Data from the Directorate General of Immigration shows that the number of deportation cases nationwide in the first half of 2025 has increased by 17% year-on-year.