Indonesian Ministry of Industry Imposes Mandatory Standard Certification on 16 Products
The Minister of Industry has issued a new regulation mandating the implementation of Indonesian National Standards (SNI) for 16 industrial products, aiming to provide quality assurance to the public. The regulation, included in the Minister of Industry Regulation (Permenperin) plan, governs the conformity assessment process, which includes inspection and testing of products that have a significant impact on safety, security, health, and the environment. This is a crucial tool to ensure that industrially manufactured products meet established standards. To support the implementation of the 16 regulations, a responsible party has been appointed. A total of 20 Product Certification Bodies (LSPro) and 28 testing laboratories, as Conformity Assessment Bodies (LPK), have stated that LPK plays an important role in ensuring that products circulating in the market comply with applicable requirements. Furthermore, the Head of the Industrial Services Standardization and Policy Agency (BSKJI) of the Ministry of Industry stated that the 16 new ministerial regulations aim to regulate products such as prestressed steel wire, calcium carbide, valves, stoves, LPG gas stove hoses, ceramic tiles, sling sprayers, safety shoes, sodium tripolyphosphate, aluminum sulfate, zinc oxide, and cement.
Indonesia Achieves IDR 479 Billion in Transactions at China Exhibition
Jokowi Actively Develops Indonesia's Nickel Mining Downstream Industry
Indonesian Company Partners with Nord and Sinoron to Develop Copper Foil Ecosystem
Newly appointed Chinese Ambassador to Indonesia Wang Lutong arrives in Indonesia to assume duties
Chinese company obtains Indonesia's first certification for laterite nickel ore processing and smelting
PT Huayue Nickel Cobalt, a subsidiary of Huayou in Indonesia, is a laterite nickel ore processing and refining industrial company in Indonesia. It is the first company to obtain the ISO 37301:2021 certificate through compliance management system audit. This certification was obtained on August 30, 2024, making Huayou the first company in Indonesia's laterite nickel ore processing and refining industry to receive this certification. The audit also evaluated several areas, including corporate governance, export regulations and economic sanctions, anti-bribery and anti-corruption, etc. ISO 37301:2021 is a
Land prices in Indonesia's new capital may surge tenfold next year
President Jokowi has been encouraging domestic and foreign investors to invest funds or investments in the National Capital (IKN) of East Kalimantan this year. His enticement also comes with a picture that the current land prices in IKN could skyrocket tenfold next year. Jokowi stated that land prices in IKN are still very cheap now and will undoubtedly rise in the future. Jokowi said at the groundbreaking ceremony for the project of Chinese investor Delonix Group in the IKN area of East Kalimantan that land prices could double, triple, quintuple, or even increase tenfold next year. If you want to invest this year, I need to remind you.
Indonesia Trade Fair Export Value Reaches IDR 476 Trillion
The Trade Minister stated that the export performance of Indonesian products at the Indonesia Trade Expo (TEI) has increased significantly. Since its first launch 10 years ago, the export value achieved through TEI has reached USD 30.5 billion or IDR 476 trillion by 2023. In 2014, or 10 years ago, at the first TEI at JIExpo Kemayoran, the government achieved a transaction value of up to USD 1.42 billion. Ten years later, in 2023, Indonesia's total export transactions reached USD 30.5 billion. The opening of TEI was deliberately brought forward; the event is usually held in October, but this time it was moved earlier so that President Joko Widodo could deliver a direct speech near the end of his term.
GEM Indonesia Legend: Building a Market Cap of 35 Billion by Recycling 'Waste'!
On August 28, 2024, a significant inauguration ceremony was held at Bandung Institute of Technology in Indonesia. GEM Group Chairman Xu Kaihua, along with representatives from various sectors in Indonesia, witnessed the birth of the China-Indonesia Joint Research Laboratory for New Energy Materials and Metallurgical Engineering Technology. On August 28, 2024, at Bandung Institute of Technology in Indonesia, the unveiling ceremony for the China-Indonesia Joint Research Laboratory for New Energy Materials and Metallurgical Engineering Technology was held. On August 28, 2024, at Bandung Institute of Technology in Indonesia, the China-Indonesia Joint Research Laboratory for New Energy Materials and Metallurgical Engineering
Great Wall Motor Officially Announces New Model Price in Indonesian Market
Great Wall Motor Indonesia has announced the official price of the GWM Tank 300 HEV, launched in July, priced at IDR 828,888,888 (OTR Jakarta). This launch marks an important step for Great Wall Motor in expanding into the Indonesian market. The official price of the Great Wall Motor Tank 300 HEV is more competitive than initial estimates, and when launched at GIIAS 2024, its official price will be below IDR 833,888,000, demonstrating Great Wall Motor's vision to lead the premium mass-market segment by building high-end vehicles to reach a broader consumer base.
Lopal Technology's Indonesia Lithium Iron Phosphate Factory Phase I Officially Put into Production
On October 8, 2024, Phase I of LBM, a lithium iron phosphate cathode material factory invested by Lopal Technology in Indonesia, was officially put into production in the Kendal Special Economic Zone in the Central Java industrial belt. Indonesia's Coordinating Minister for Maritime and Investment Affairs Luhut, and Lopal Technology and LBM President Shi Junfeng attended the production ceremony. LBM Indonesia Factory is a subsidiary established by Lopal Technology in Indonesia in February 2022 through Changzhou Lithium Source. The total investment in the factory is US$350 million, of which Phase I investment is US$100 million with an annual output of 30,000 tons of lithium iron phosphate. Future Phase II investment is US$250 million with an annual output of 90,000 tons. After Phase II is completed
Midea Launches New Energy-Efficient Air Conditioners for the Indonesian Market
Home electronics manufacturer Midea Electronics Indonesia aims to sell 10,000 inverter air conditioner units by 2024, in line with the plan to open a Midea air conditioner factory in the Jababeka Industrial Area in Cikarang, Bekasi. In addition to opening the factory, Midea is actively launching new products, one of which is a 0.5 PK split-type inverter AC series that uses the latest technology to be more energy-efficient, as support for the government's energy-saving program. The head of the product division at Midea Electronics Indonesia stated that Midea meets the needs of Indonesian home consumers for durable and power-saving air conditioners.