Indonesia Records 57 Consecutive Months of Trade Surplus
In January 2025, Indonesia recorded a trade surplus for the 57th consecutive month, setting a new record after 56 consecutive months of surplus the previous month. The trade surplus is due to export values exceeding import values. In January 2025, Indonesia's export value was US$21.45 billion, while imports stood at US$18.0 billion, resulting in a trade surplus of approximately US$2.45 billion. The Acting Head of the Central Bureau of Statistics stated that the goods trade surplus in January 2025 was US$3.45 billion, an increase of US$1.21 billion month-on-month, marking 57 consecutive months of surplus since May 2020. The January trade surplus was supported by non-oil commodities, primarily
High Alert! 71 Indonesian Immigration Officers Suspended for Extorting Chinese Citizens
Multiple Major Projects of Chinese Enterprises Subjected to Violent Extortion
Indonesia Plans to Ban Influencers from Freely Reviewing Food, Drugs, and Cosmetics
Indonesia Plans to Reduce Nickel Production This Year
Indonesia's New Energy Investment Demand Reaches 1,100 Trillion Rupiah
The Minister of Energy and Mineral Resources targets increasing electricity installed capacity to 70 GW, with 60% coming from New and Renewable Energy (EBT). This target will be reflected in the 2025-2034 Electricity Supply Business Plan revision. Based on this draft, the investment demand for EBT projects is estimated at 1,100 trillion rupiah, with grid interconnection investment at around 400 trillion rupiah and power plant investment at about 600-700 trillion rupiah. To support the national economic growth target of 8% under President Prabowo's leadership, a significant increase in electricity installed capacity is needed. Previously the Energy and Mineral Resources Ministry
Chinese Embassy Sends Letter; Airport Immigration Officers Removed from Duty and Investigated for Alleged Extortion
All immigration officers at Jakarta's Soekarno-Hatta Airport have been temporarily removed from duty! The incident originated on January 21, 2025, when the Embassy of the People's Republic of China in Indonesia sent a letter to relevant Indonesian authorities, stating that multiple Chinese citizens had been extorted by immigration officers at Soekarno-Hatta Airport. The letter included a list of suspected extortion cases from February 2024 to January 2025, detailing at least 44 suspected extortion cases involving over 60 Chinese citizens who were collectively demanded IDR 32,750,000, along with specific cases and
Qiandao and Indonesia Enterprise Connect Wish You a Happy New Year
Dear Customers and Partners, At this beautiful moment of bidding farewell to the old and ushering in the new, we extend our sincerest New Year wishes to you with immense gratitude! Over the past year, Indonesia Enterprise Connect has achieved remarkable accomplishments thanks to your support and trust. We are honored to announce that Indonesia Enterprise Connect has obtained authorization from over 300 Chinese-invested enterprises in Indonesia, and this number is steadily growing. This year, our team at Enterprise Connect has stayed true to our original mission, steadfastly adhering to the principle of 'linking information and sharing resources,' committed to helping
Chinese Ambassador to Indonesia Inspects JIIPE Special Economic Zone
Chinese Ambassador to Indonesia Wang Lutong recently inspected the KEK JIIPE-Gresik Special Economic Zone. China is one of Indonesia's largest investment countries, with total investment reaching US$5.78 billion in the third quarter of 2024, demonstrating China's active participation and contribution to Indonesia's economic development. During the visit, the Ambassador inspected major enterprises in the zone, such as PT Freeport Indonesia, PT Hailiang New Materials Indonesia, and PT Xinyi Glass Indonesia. Xinyi Glass introduced its latest production line with a daily melting capacity of 1,100 tons, supplying high-quality glass for construction, automotive, and new energy sectors, meeting the needs of Indonesia and Southeast Asia
Indonesia's First Nuclear Power Plant Site Selected in Bangka Belitung
Indonesia's first nuclear power plant will be built on Kelasa Island, over 400 km north of Jakarta, invested by Thorcon with a total investment of IDR 17 trillion. The prototype reactor will be shipped from South Korea in 2028, with commercial operations planned for 2030, and power transmission to PLN (State Electricity Company) by 2032, targeting an electricity price below 6.9 US cents per kWh. The plant uses thorium as fuel, leveraging the region's abundant tin resources. A 500 MW plant will be built first, with a second phase adding six more units, reaching a total of 3.5 GW. To address energy demand and transition, the Indonesian government plans to add 100 GW of power supply within 15 years, with 75% from renewable energy and 5% from nuclear. By 2050, more than 20 nuclear plants will be built, and by 2060, nuclear capacity will reach 45–54 GW. PLN is cooperating with multiple countries, and authorities have screened 29 potential sites, prioritizing nuclear projects in four provinces including Bangka Belitung.
Future Development and Housing Market Prospects of the Jakarta Special Region
On November 30, 2024, the status of the Special Capital Region of Jakarta was changed to the Jakarta Special Region. The construction of Indonesia's new capital, IKN, is underway. President Prabowo plans to start working at IKN on August 17, 2028, and civil servants will be relocated to IKN in April. After Jakarta ceases to be the capital, its future has raised many questions. Research by Colliers Indonesia shows that populations in other cities that have lost their capital status are still growing, and Jakarta is expected to become more livable. With reduced traffic congestion, real estate values may rise, and old government buildings can be converted into residences or hotels. Although Jakarta's housing price growth has stagnated, it remains the primary choice for homebuyers due to its abundant supply and convenient transportation. Young people aged 25-34 and productive adults aged 45-54 are the main homebuyer groups. The diverse supply of second-hand homes can meet the needs of different segments.
Latest Fuel Prices at Indonesia's Four Major Gas Stations
All fuel providers such as PT Pertamina (Persero), Shell Indonesia, BP-AKR, and PT Vivo Energy Indonesia have jointly increased fuel product prices at all gas stations in Indonesia. This price adjustment took effect from December 1, 2024. For example, non-subsidized fuel types such as Pertamax Turbo, Dexlite, and Pertamina Dex have seen price increases. Other non-subsidized fuel types such as Pertamax (RON 92) and Pertamax Green (RON 95) remain unchanged.