China-Indonesia Joint Venture Battery Project Expected to Start Production by End of July
rnrnIndonesia Battery Corporation (IBC) has disclosed that the first phase of CATL's Indonesia battery factory, CATIB, is scheduled to start production by the end of July 2026, with stable purchasing customers already secured before the factory's launch. The IBC President stated that existing fixed buyers include Japanese automakers, and orders for electric vehicle batteries are guaranteed. In addition to automotive power batteries, the factory's batteries can also supply the energy storage system (ESS) sector. With the continuous expansion of global renewable energy installations and the intermittent nature of wind and solar power generation, the demand for energy storage supporting facilities is rising in the long term. High-nickel ternary batteries are a key procurement category in the EU market, making Europe a core potential overseas customer. Indonesia, leveraging its abundant nickel resources, is building an integrated upstream and downstream industrial chain for electric vehicle batteries that is among the largest in Asia.
China-Indonesia Aluminum Capacity Surge Leads to Market Oversupply in 2027
Indonesia to Fully Implement B50 Biodiesel on July 1, 2026
iFlytek Healthcare Partners with Sinar Mas Group to Enter Indonesian Market
Chinese Lithium Enterprises Intensify Investment in Indonesian Market
Chinese Auto Brands Face Intense Competition in Indonesian Market
In May 2026, the Indonesian four-wheeled vehicle market weakened, with both wholesale and retail sales declining month-on-month. Manufacturers' wholesale volume to dealers was only 69,219 units, down 14.3% month-on-month; dealers' retail sales to end consumers were 71,890 units, down 5.1% month-on-month, underperforming April. Despite the monthly pressure, the cumulative market for the first five months of the year continued to grow. From January to May, total terminal retail sales reached 359,490 units, up 8.8% year-on-year; cumulative wholesale volume was 359,015 units, up 12.8% year-on-year, indicating a positive overall annual trend.
Indonesia's Mineral and Coal Industry Revenue Distribution Mechanism Unchanged
The Indonesian Mining Association (IMA) applauds the government's decision to abandon the implementation of the oil and gas gross split revenue distribution scheme in the mineral and coal sector, stating that it eliminates major policy uncertainties that disrupt mining investment planning. The IMA executive chairman noted that the operational characteristics of the mineral and coal industry differ significantly from those of the upstream oil and gas sector, and the complexity of developing various types of minerals varies, which is the core reason why most countries set differentiated royalty and fiscal regimes for the two industries. The association expects the government to maintain fiscal policy stability, stabilize corporate financial burdens, and ensure the sustainability of mining investment and production operations. Currently, Indonesia's mining industry faces multiple policy adjustments and operational pressures, including the single window export mechanism, foreign exchange retention from natural resource exports, benchmark mineral price adjustments, export tariffs, and mandatory blending of 50% biodiesel (B50).
Jakarta Fair Officially Opens on June 11
The 2026 Jakarta Fair Kemayoran will be held from June 11 to July 12 at the JIEXPO Kemayoran exhibition hall. The organizer has released a comprehensive travel guide to help citizens plan their trips. Visitors can choose private cars or various public transportation modes to reach the venue, with multiple travel options and rich route choices. In terms of public transportation, Jakarta's rapid bus Transjakarta has opened several direct routes to the exhibition hall, including daytime regular routes and night services. Bus route 14
Three Major Geothermal Projects in Indonesia Secure Nearly $500 Million in Financing
Three geothermal power plant projects under PT Pertamina Geothermal Energy (PGE) have been included in Indonesia's National Development Planning Agency's "2026 Overseas Priority Loan Project List (Green Book 2026)", securing a total of $477.87 million in international financing. The projects are two 55 MW units (Units 3 and 4) at the Lumut Balai geothermal plant and two units (Units 7 and 8) totaling 50 MW at the Lahendong geothermal plant. PGE's president stated that the inclusion recognizes the project preparation efforts and
Q1 Investment Doubles! Batam Island's 2026 Economic Boom
With multiple core indicators surging, Batam Island's economic vitality is fully unleashed, solidifying its position as a logistics, trade, and industrial hub in western Indonesia, with increasingly strong economic growth momentum in 2026. According to Batam Investment Board data, realized investment in the first quarter of 2026 reached IDR 17.4 trillion, soaring 102.85% year-on-year and up 68.92% quarter-on-quarter, indicating unprecedented investment enthusiasm. The logistics sector also performed remarkably. Batu Ampar Container Terminal recorded 106 international direct calls from January to May 2026, a 212% increase from 34 calls in the same period last year.
Indonesia to Receive Preferential US Tariff Treatment
The bilateral economic and trade cooperation between Indonesia and the US continues to deepen, with mutual benefits becoming increasingly prominent. The two countries have been deepening their integration into the global economic and trade system by relaxing market access and coordinating trade policies. The Office of the United States Trade Representative has fully recognized Indonesia's rectification efforts in areas such as the implementation of labor regulations, combating forced labor, and controlling imports of non-compliant products, placing Indonesia in the top tier of US tariff assessments. Among the 60 economies assessed, only Canada, Ecuador, the European Union, Indonesia, Mexico, and Pakistan have been granted preferential treatment by the US. This favorable outcome stems from a bilateral consultation between Indonesia's Coordinating Minister for Economic Affairs and the US Trade Representative during the 2026 OECD Ministerial Meeting in Paris. According to the Secretary of the Coordinating Ministry for Economic Affairs of Indonesia, based on the findings of the US Section 301 investigation, the top six countries are eligible for a 10% preferential tariff, while the remaining 54 assessed entities face a tariff rate of 12.5%.
Chinese Heavy Truck Brand Receives Bulk Order from Local Leading Enterprise
Indika Energy, a leading energy and infrastructure company in Indonesia, recently visited the Sany Intelligent Connected Heavy Truck Industrial Park, where both parties signed a contract for the procurement of 150 Sany electric heavy trucks and established a strategic partnership. The signing ceremony was attended by the management of Indika Energy Group, representatives of its subsidiary INVI, the chairman of Sany Heavy Truck, and the head of overseas marketing. Indika Energy is a leading local energy and infrastructure group in Indonesia, which has been fully implementing its green transformation plan in recent years, continuously increasing investment in new energy transportation, green mining, and related industries.