social dynamics

The Rector of the University of Indonesia (UI) has announced a strategic partnership with China's Huayou Group and Tsinghua University to build a world-class metallurgical research center on campus, constructing a 'Golden Triangle' model of cooperation. The collaboration will create an advanced industrial experimental...

The Minister of Small, Medium and Micro Enterprises has said that the government is studying regulations to restrict the import of ultra-low-priced goods from China in order to protect competition in the domestic market. These goods are sold for as little as 3,000-4,000 rupiah (about 1.4-1.8 yuan), which is a serious washout...

Bali authorities have suspended a 182-meter-high cliff glass elevator project built by Chinese developer China Kaiser Group at Kelingking Beach after it sparked an environmental controversy. The elevator was planned to facilitate tourists' access to the beach,...

Indonesia's automotive market has seen remarkable changes recently: a number of former Honda and Mitsubishi dealerships have been forced to change their brand logos in favor of selling Chinese brands such as Chery and BYD due to the strong impact of Chinese car brands. Bandung Institute of Technology Automotive Watch...

Indonesia's construction steel industry is deeply concerned about the surge in steel imports from China and Vietnam. The chairman of the Indonesian Steel Construction Association (ISSC) pointed out that a large amount of low-priced imported steel disrupts the market through unfair competition, depressing the capacity of local steel mills to profit...

The Indonesian Embassy in China has recently organized a business forum aimed at attracting Chinese entrepreneurs to expand their investment and trade ties with Indonesia. Indonesia's ambassador to China emphasized that cooperation between the two countries is transforming from 'trade volume' to 'high value-added', focusing on green development...

Indonesia's Ministry of Finance recently issued its first renminbi-denominated dim sum bonds (Dim Sum Bonds) with a total size of 6 billion yuan (about 13.9 trillion rupiah), setting a record for the country's offshore renminbi-denominated bond issuance. The bonds are scheduled to be issued...

The head of Indonesia's state-owned enterprise regulator and chief operating officer of the investment management agency revealed that negotiations on the restructuring of the Yawangan high-speed rail debt not only involve the 60-year repayment period proposed by China, but also cover core issues such as interest payments and repayment currencies. The former economic...

The Finance Minister has revealed that the government is about to launch a large-scale operation to arrest smuggling gangs, targeting criminal networks that have long been engaged in the illegal smuggling of textiles, steel and other commodities. He said at the presidential palace that the gangs were "under-declaring imports" by...

Investment manager Danantara plans to launch a public tender in November 2025 for waste-to-energy (WtE) projects aimed at converting municipal waste into electricity through incineration technology (incineration). The first batch of the project will cover 10 municipalities...