social dynamics
Indonesia's local textile industry complains about imports hitting Indonesian market
Work convection entrepreneurs association general chairman said the past two years, a large number of imported goods influx, to 60% small and medium-sized enterprises members of the closure of the 50% difficult to survive, because of the low price of imports, suspected of illegal imports, the local business is difficult to compete, they have to lay off employees...
Indonesia's Rp 267 trillion mineral downstream investment needs 5 GW of electricity
Mining holding company MIND ID plans to invest 267 trillion dong to support four of its members' downstream projects until 2029, a budget that has been planned for a long time. The product director said the projects require a lot of energy, at least 5 GW of electricity by 2029, but this demand...
17 Indonesian companies ready to become Apple suppliers
The Ministry of Industry expects domestic companies to integrate into Apple's global supply chain, and about 17 domestic companies covering chargers, LEDs and other component areas are ready to enter the Apple value chain. Meanwhile, the government is promoting digital development related to Industry 4.0...
Average annual expenditure of Indonesian residents this year is 12.34 million rupiahs
Data from the Central Bureau of Statistics (BPS) shows that the average real expenditure of the Indonesian population in 2024 will be 12.34 million rupiah per person per year, a figure that represents a considerable increase compared to 2023. The Indonesian people's expenditure has increased by 442,000 rupiah, i.e. an increase...
Indonesia is becoming a cluster of PV capacity
Yun Cheng PV Indonesia factory PV cell and module production line officially put into production, nameplate capacity of 2.5GW each, can produce PERC and n-type products. Its CEO said the US is an important market, and that by mid-2025 US customers could benefit from Indonesia, Lao...
Indonesia's nuclear power plants are planned to be located in the western region
The Indonesian government is selecting sites in the west and other places to build nuclear power plants, last year the parliament identified nuclear energy as a new energy option, the Prabowo government will promote. It is proposed to build nuclear power plants of different capacities, with 1-2 GW of large nuclear power plants in the west, and small modular reactors are also planned...
Complete list of twenty special economic zones throughout Indonesia
At the end of his term in October 2024, President Joko designated two Special Economic Zones KEK, which are areas with certain boundaries to perform economic functions and to acquire certain facilities. With the enactment of the 2009 law on SEZs, the KE...
Indonesian government seizes 9.8 billion rupiah in illegal imports of Chinese ceramic goods
Indonesian police, in a joint operation with the Ministry of Trade, have confiscated a shipment of illegal ceramics and tableware worth Rp 9.8 billion. The goods from China were seized at Tanjung Perak port and Surabaya warehouses due to the lack of complete import documents, such as commercial identification number...
Indonesia's industry ministry accuses trade ministry regulations of hurting manufacturing industry
The Ministry of Industry has again blamed trade regulation regulations for hitting Indonesia's manufacturing sector, which has contracted for four consecutive months in October 2024 as Indonesia's manufacturing PMI contracted to 49.2. The industry ministry questioned the regulation's claim to protect domestic industry as it removes...
NICE, a large-scale convention center in the PIK 2 area, is expected to start operation next September.
NICE, Indonesia's largest exhibition center located in the PIK 2 area, is expected to begin operations in September next year. The center, which covers an area of 40 hectares and has 15 towers installed, consists of three exhibition buildings, among others, with a total construction area of 30 hectares. NICE is located at a distance of PIK 2...