Indonesian Government Tightens Standards for Purchasing Subsidized Fuel
The Ministry of Energy and Mineral Resources is drafting regulations to set standards for citizens eligible to purchase subsidized fuel oil (including diesel and Pertalite). While waiting for the regulation to be issued, vehicle owners can register their vehicles online and offline in Pertamina's Appropriate Subsidy Program. According to research by the Downstream Oil and Gas Regulatory Agency and several institutions, the target recipients of Pertalite include motorcycles and four-wheeled vehicles, including private four-wheeled vehicles with engine displacement of 1400 cc and below, commercial four-wheeled trucks, commercial four-wheeled buses, and public service four-wheeled vehicles. For 1400
Indonesia's National Mosque Establishes "China Space"
Southeast Asia's First Seamless Pipe Factory Begins Operations in Indonesia
2024 Reed Huabo Asia International Gift Exhibition (Indonesia)
Indonesia Partners with CRRC Qingdao Sifang to Enhance Railway Facility Development
China-Indonesia Two Countries Twin Parks Batang Industrial Park Receives Large Bonded Zone Qualification
On September 2, 2024, the China-Indonesia Two Countries Twin Parks • Batang Industrial Park received the Large Bonded Zone PKB qualification. This is the fourth Large Bonded Zone permit approved in Central Java Province, and the only Chinese-invested park to receive this honor. According to Perdirjen Bea Cukai No.PER-19/BC/2018, a bonded zone is a bonded storage area used to store imported goods and local raw materials for the purpose of producing export goods. Simply put, it is mainly oriented towards export-oriented industries. Bonded zones are generally located near ports, because the main goal of bonded zones is
Wuling Electric Vehicles Serves Bali Indonesia-Africa Forum
Wuling electric vehicles once again become the official vehicles for an international event. This time, Wuling electric vehicles appeared at the High-Level Forum on Multi-Stakeholder Partnerships and the 2024 Indonesia-Africa Forum (HLF-MSP & 2nd IAF 2024) held in Bali from September 1 to 3, 2024. At this international event, Wuling once again carries the spirit of "Shaping a Clean Tomorrow" to contribute to a greener and more sustainable environment for the future. Wuling provided 158 electric vehicles for this event, including 100 Binguo EVs and 58 Cloud EVs.
Indonesia's Ministry of Energy and Mineral Resources Reduces Fuel Subsidy Quota for Next Year
The Ministry of Energy and Mineral Resources (ESDM) has reduced the quota for fuel oil or subsidized BBM for 2025. Previously, in the 2024 State Budget (APBN), the government set the subsidized BBM quota at 19.58 million kiloliters. However, the quota for next year is only 19.41 million kiloliters, covering subsidized diesel and kerosene. The Minister of Energy and Mineral Resources stated that this reduction is driven by the plan for effective distribution of subsidized fuel in 2025, making it more targeted. Targeted distribution can reduce the quota, saving the country's money, allowing funds to be used for priority
Indonesia's Ministry of Industry Shifts Entry Points of Seven Imported Goods to the East
The Minister of Industry (Menperin) plans to move the entry points of seven imported goods to eastern Indonesia, aiming to reduce the impact of layoffs (PHK) on the industry, especially the textile sector. Through this policy, he hopes domestic products can compete with imported goods, particularly in terms of price, as transportation costs in eastern Indonesia are much higher. However, he emphasized that this is not a tightening or ban on imported goods entering the country, but a transfer of entry points, at least for these seven imported goods. So, goods imports will not be tightened, but for these seven items, the government will determine
Morowali Industrial Park Drives Local Community Development
The Indonesia Morowali Industrial Park (IMIP), inaugurated by President Joko Widodo in 2015, has brought development to the community, especially in the Bahodopi area, one of the sub-districts of Morowali Regency. At least two nickel processing smelters are operating in the area: the first is IMIP and the second is Wanxiang Nickel Indonesia. The IMIP industrial zone itself was designated a National Strategic Project and National Vital Object (Obvitnas) in 2019. Covering an area of approximately 3,000 hectares, it employs over 83,000 workers. The social transformation from an agricultural to an industrial society is very evident in Bahodopi
The Largest Land-Based Solar PV Project Constructed by Chinese Enterprises in Indonesia Officially Put into Operation
The largest land-based solar photovoltaic project in Indonesia, the Karawang 100 MW solar PV project, built by a Chinese enterprise, was officially handed over for use on August 28. The project is located in West Java Province, covering a total area of about 80 hectares, with a planned DC installed capacity of 100.78 MW. It is jointly invested by the Batam branch of Indonesia's State Electricity Company and Aruna, an energy investment company under the Salim Group. China Power Construction Hubei Engineering Co., Ltd. is the general contractor for the project. The project has provided thousands of local jobs and trained a number of skilled workers. At the handover ceremony, representatives from relevant Indonesian government departments, enterprises, and related investors highly praised the efficient construction of the project, which will help Indonesia's energy transition and sustainable development. It is reported that the project will provide more than 150 million kWh of clean electricity annually, meeting the annual electricity needs of about 112,000 households, while reducing carbon dioxide emissions by about 114,700 tons, effectively lowering local electricity costs.
2024 Hugo Indonesia E-Commerce Expo, The Best Growth Opportunity for Indonesian Sellers
rnrnrnrnFrom August 30 to September 1, 2024, the Hugo Indonesia E-Commerce Expo & Indonesia SME Summit & E-Commerce Product Sourcing Expo will grandly open at the ICE Convention Center in Jakarta. Global hot-selling resources, professional experience from mainstream e-commerce platforms, helping local Indonesian sellers grow rapidly! rnrn rnThousands of SKUs help sellers tap into hundreds of billions rn rnrnThis Hugo Indonesia E-Commerce Expo covers an area of 5,000+ sqm, with 300+ exhibitors covering many popular Southeast Asian categories such as shoes, clothing, bags, 3C electronics, beauty and personal care, pet supplies, and home living. Diversified exhibition areas cater to Indonesian market consumption trends, providing sellers with a one-stop, diverse product selection experience.