social dynamics

Lintas Citra Pratama (LCP) is investing $300 million (about Rp 5.01 trillion) to build a 720,000-tonne-per-year polyethylene terephthalate (PET) plant in Cilegon at the site of PT Merak Chemical Indonesia (M...

The mining industry is not only a strategic mineral production base, but also drives local economic growth, contributing about 8.51 TP3T to the Gross Domestic Product (PDB), making it the fifth-largest sector underpinning the structure of the economy. Economists point out that the mining industry directly affects national and local...

The Constitutional Court (MK) recently ruled on the review of the duration of land rights in the new capital (IKN) in Act 21 of 2023, emphasizing that nation building cannot override the Constitution. The Constitution stipulates that land, water and natural resources are to be owned by the state...

Indonesia's economic outlook for 2025 is poor, with the Organization for Economic Cooperation and Development (OECD) projecting Indonesia's economy to grow by only 4.91 TP3T, well below the government's vision of 6-81 TP3T, while the International Monetary Fund (IMF) report for October projected growth of 4.91 TP3T, an upward revision of 0.11 TP3T from the previous...

Chinese investors have shown interest in investing in Indonesia, with Chinese solar panel maker Sichuan Yingfa Rui Energy Technology Co. interested in building a factory in the KEK Industropolis Batang special economic zone...

The Ministry of Energy and Mineral Resources (ESDM) has revealed that Indonesia currently has 4.4 billion barrels of oil and condensate reserves spread across the country, which covers several categories. The Director General of the Ministry's Directorate General of Oil and Gas (Dirjen Migas) in...

In response to the impact of domestic steel being flooded with imports, the government has thrown out an olive branch to foreign investors, inviting them to invest in factories in Indonesia, the Deputy Minister of Industry said recently after a working session with the Industry Commission in Parliament....

The Ministry of Energy and Mineral Resources (MEMR) has projected that coal production in 2026 will be lower than the 2025 target of 735 million tons, mainly due to weakening demand in key export markets such as China and India. The Director General of Mineral and Coal said the government is in the process of fully...

The Deputy Minister of Industry recently pointed out in the working session of the Sixth Committee of Parliament, there is a serious supply-demand imbalance in Indonesia's iron and steel industry, about 55% of domestic demand is dependent on imports, most of which come from China, while the domestic steel industry capacity utilization rate...

The Deputy Minister of Industry has said that the government is attracting new investments for the steel industry in order to reduce the over-dependence on imports. Currently Indonesia 55% relies on imports for its steel consumption, mainly from China, and the capacity utilization rate of the domestic steel industry is only 52%...