Indonesia relaxes import restrictions on ten categories of goods
The Indonesian government officially announced the first round of deregulation policies yesterday, aiming to facilitate business operations, enhance domestic industrial competitiveness, create an ecosystem supporting employment, and strengthen national economic resilience in response to global trade uncertainties. The Coordinating Minister for Economic Affairs and the Minister of Trade introduced the relevant policy content. Old regulations, such as the 2024 Minister of Trade Regulation No. 8 and the 2023 Minister of Trade Regulation No. 36, have been revoked, and nine new Minister of Trade Regulations have been introduced, classified by commodity clusters for easier future adjustments. These regulations cover general import policies and provisions, textiles and textile products, agricultural and livestock products, salt and fishery products, chemicals, hazardous goods and mineral materials, electronics and telecommunications products, specific industrial products, consumer goods, and imports of non-new goods and non-B3 waste.
Prabowo attends groundbreaking of CATL automotive battery project
Chinese-funded enterprise initiates construction of Indonesia photovoltaic module manufacturing project
Chinese Smart Electric Motorcycle Plans to Launch in Indonesia Next Year
XPeng's First Overseas Local Production Project to Launch in Indonesia in July
Indonesia's Coal Exports to China and India Decline
As of May 2025, Indonesia's coal exports to China fell 15% year-on-year, and exports to India fell 7% year-on-year. The main reasons for the decline include intensified international price competition, with coal products from Russia, Mongolia, Australia and other countries becoming more price-competitive, squeezing Indonesia's market share; at the same time, China's high inventory levels — coal stocks did not decline after the Chinese New Year as in previous years — and weak import demand have reduced reliance on Indonesian coal. The Director General of the Ministry of Energy and Mineral Resources stated there is no need to panic and suggested shifting to explore new markets such as ASEAN. He also questioned the transportation cost issues of Mongolian coal, arguing that its geographical disadvantage may weaken price competitiveness.
Prabowo to Attend Groundbreaking Ceremony for CATL Project
President Prabowo plans to officiate the groundbreaking ceremony for an integrated electric vehicle battery project in East Halmahera, North Maluku Province, on June 29. The project is backed by investment from China's Contemporary Amperex Technology Co., Limited (CATL), with a total investment of approximately US$6 billion. The facility will integrate multiple stages including mining operations, smelters, High-Pressure Acid Leach (HPAL) processing, and precursor and cathode production. The Minister of Energy and Mineral Resources has called it the first project of its scale globally. Through an integrated system, the production cost of electric vehicle batteries in Indonesia is expected to be significantly reduced. This project is one of 18 downstream industrial projects
Indonesia and Russia Reach Multi-Sector Cooperative Ties
President Prabowo recently held a bilateral meeting with Russian President Putin in St. Petersburg, Russia, marking a key part of his official visit to Russia and attendance at the 2025 St. Petersburg International Economic Forum. Prabowo thanked Russia for supporting Indonesia's accession as a full member of BRICS, emphasizing close interactions between the two heads of state and high-level officials, as well as positive progress in economic, trade, and strategic cooperation, particularly under the framework of the Eurasian Free Trade Agreement. Putin noted that Russia-Indonesia relations continue to develop steadily in areas such as trade, agriculture, space exploration, energy, and military-technical cooperation, and considers Indonesia as a
Indonesian Government Predicts Car Sales of Only 832,000 Units This Year
The Deputy Director for Infrastructure and Regional Development Coordination predicts that car sales in Indonesia in 2025 will only reach 832,000 units, below the target of 900,000 units set by the Indonesian Automotive Industry Association. This figure is based on historical sales trends for four-wheeled vehicles and above over the first five months of the past two years, combined with seasonal industry factors. Despite the overall weak automotive market, electric vehicles are showing growth. It is projected that sales of Battery Electric Vehicles (BEV) will surge from 43,000 units in 2024 to 126,000 units in 2025, while Hybrid Electric Vehicles (HEV) will increase from 57,000 to 71,000 units, with traditional internal combustion
Latest Land Price Levels in Different Areas of Jakarta
The Deputy Director of the Research and Consulting Division of PT Leads Property Services Indonesia recently disclosed land prices in different areas of Jakarta. The Sudirman Central Business District (SCBD) has the highest land prices, reaching IDR 200-300 million per square meter (equivalent to approximately RMB 88,000-132,000 per square meter), with actual transaction prices fluctuating due to negotiations. Land prices in areas surrounding Sudirman are approximately IDR 180-200 million per square meter (equivalent to about RMB 79,000-88,000 per square meter). The upscale residential area of Menteng (near the business district)
Approximately 90% of Industrial Land in Indonesia Remains Undeveloped
Approximately 90% of planned industrial land in Indonesia remains undeveloped, presenting enormous investment potential. On Sumatra Island, the total industrial land area is about 185,400 hectares, with only 13,000 hectares (around 7%) being utilized. On Java Island, the total industrial land area is approximately 350,500 hectares, with only 34,000 hectares utilized. However, the Activity and Land Use Suitability Permit (KKPR) is incomplete, the integration of Regional Spatial Plans (RDTR) with the Online Single Submission System (OSS) is slow, and there are obstacles in the land acquisition and release process. The government aims to integrate 2,000 RDTRs into the OSS system by 2025; as of mid-2025, only 367 integrations have been completed, with the rest still undergoing synchronization and digitization processes.
Indonesian Industry Unhappy Over Government's Termination of Anti-Dumping Duties on Chinese Yarn
Indonesia has decided to stop imposing anti-dumping duties on imports of synthetic filament yarn from China, a decision stemming from a recently leaked internal document from the Ministry of Trade recommending not to extend the anti-dumping duties on related products. This decision has faced strong opposition from domestic textile industry players, who argue that the government did not follow legal procedures in handling the recommendations of the Indonesian Anti-Dumping Committee. According to trade laws, the government is obligated to take anti-dumping measures against imported products sold below normal prices that harm domestic industries. The committee has determined that Chinese synthetic filament yarn constitutes dumping and recommended imposing duties, but the government did not adopt this recommendation, causing discontent among textile industry players who feel betrayed by the policy.