Japanese Brands Still Dominate Indonesia's Automotive Market
Indonesia's automotive sales in February 2025 showed a positive trend, with wholesale sales reaching 72,295 units, up 16.7% month-on-month and 2.2% year-on-year. Retail sales increased from 64,029 units in January to 69,872 units, a 9.1% rise, but still down 0.8% year-on-year. The market is highly competitive, with BYD being pushed out of the top ten best-selling brands. Japanese brands Toyota, Daihatsu, Honda, Mitsubishi, and Suzuki occupy the top five positions, showing clear advantages. Among them, Toyota led with wholesale sales of 24,397 units in February, Daihatsu 11,959 units, Honda, Mitsubishi, and Suzuki at 8,757, 6,684, and 4,750 units respectively.
Indonesia's Largest Gold Plant Has Annual Capacity of 50 Tons
Indonesia Officially Joins BRICS New Development Bank
Indonesia Revises Royalty Rates for Multiple Minerals
Indonesian Government Allocates IDR 20 Trillion to Support Labor-Intensive Industries
Indonesia and LG Strengthen Cooperation in Clean Energy and Electric Vehicles
The Coordinating Minister for Economic Affairs received the Executive Vice President of LG Chem Advanced Materials Company and his delegation at the Coordinating Ministry office. They discussed opportunities and challenges in the electric vehicle sector, as well as LG Chem's cooperation and investment potential in Indonesia. He stated that LG Group's support for Indonesia's EV ecosystem and clean energy development is very important and hoped to further strengthen it. Both parties agreed that Indonesia has great potential for EV development, despite the challenges of declining global demand. The LG Chem representative expressed gratitude for the Indonesian government's support and emphasized Indonesia as a strategic partner. LG Chem introduced its
Geely Automobile Develops Rapidly in the Indonesian Market
Geely Automobile is actively expanding its business in Indonesia. Currently, it has three dealers in Jakarta and Tangerang, and will soon add outlets in Bogor, Batam, and Bandung. Its mid-year target is to have 20 dealers in major cities, and by the end of 2025, it plans to reach 40 dealers nationwide. Since officially launching products in January until the 2025 Indonesia International Auto Show, orders have exceeded 1,000 vehicles. To meet demand, 1,000 EX5 units have been shipped from Guangzhou. Geely has also introduced the nickname "Geenius" for Indonesian car owners. At the 2025 Indonesia International Auto Show, Geely plans to launch several new models. In addition, Geely is
China-Indonesia Cooperation Promotes the Two Countries, Twin Parks Project
The Batang Industrial City Special Economic Zone (KEK Industropolis Batang) in Central Java Province has partnered with China State Construction Engineering Corporation (CSCEC) to develop an industrial park through the "Two Countries, Twin Parks" (TCTP) project. During the unveiling ceremony of the Batang Industrial City Special Economic Zone, PT Kawasan Industri Terpadu Batang (PT KITB) signed a memorandum of understanding with CSCEC. The cooperation was witnessed by Indonesia's Coordinating Minister for Economic Affairs and the Chinese Ambassador to Indonesia. TCTP is a bilateral cooperation project started in 2021, aiming to
Indonesian Minister of Industry Hopes Automakers Lower Prices to Boost National Purchasing Power
The Minister of Industry suggested that automobile manufacturers lower vehicle prices to increase consumer purchasing power. Chinese car manufacturer BAIC stated that profits from selling cars in Indonesia are not significant because, in addition to production costs, taxes must be paid during the initial import phase, making further price reductions difficult. However, BAIC often offers special promotions for its products, such as discounts of up to IDR 70 million on the BAIC X55-II produced last year, to stimulate sales. The Minister of Industry also hopes that manufacturers will carry out consumer- and environment-oriented innovations, and the government will continue to provide support. According to data from the Indonesian Automotive Industry Association, total wholesale car sales last year were 86
Indonesia's Shenzhen-like Plan Launched: IDR 16 Trillion Investment, 27 Enterprises Settle In
Breaking news! On March 20, 2025, Indonesian President Prabowo personally visited the Batang Industrial Area in the Central Java industrial belt, crowning this rising industrial star with the title of "National Special Economic Zone" and benchmarking it as "Indonesia's version of Shenzhen," vowing to create a demonstration model for integrating 300 million citizens into the global industrial chain. Along with the announcement by Fujian Provincial Government of a strategic investment of IDR 16 trillion (approximately RMB 7.2 billion), the China-Indonesia "Two Countries, Twin Parks" cooperation has officially entered a golden age, opening a window of opportunity for Chinese investors to expand in Southeast Asia. Since 2021, the two
Indonesian Government Encourages Textile Industry Investment with Multiple Measures
Indonesia is committed to strengthening its domestic textile industry through various initiatives. The Coordinating Minister for Economic Affairs emphasized that the textile and textile products industry makes a significant contribution to the national economy, with exports exceeding USD 2 billion and providing nearly 4 million jobs, though licensing issues still need improvement. The government's goal is to finalize the Indonesia-EU Comprehensive Economic Partnership Agreement to increase textile exports to the European market and enhance global competitiveness. In addition, the government has prepared an investment subsidy program of IDR 20 trillion for machinery revitalization in labor-intensive industries such as textiles, with an eight-year credit term and a 5% government-subsidized interest rate to improve production efficiency. The National Economic Council
Chinese Enterprises Study Indonesia Coal Gasification Project
Energy and Mineral Resources Ministry says four Chinese enterprises are studying coal gasification to dimethyl ether (DME) project to replace liquefied petroleum gas (LPG). Each enterprise's research results differ; some consider the project infeasible in Indonesia, others derive different internal rates of return. The Ministry requires these enterprises to provide calculation examples so that the project study is not just theoretical. Currently, all countries prioritize their own interests; the chairman of the relevant parliamentary committee suggested that the government not rely solely on one country when advancing Indonesia's coal DME project technology. The Minister of Energy once mentioned that the project would adopt U.S.