Industry Newsletters
World's largest single-line copper smelter officially inaugurated in Indonesia
The government has initiated a downstream industrial policy, which is expected to be able to support the national economy in increasing value addition and is one of the keys to maintaining the resilience of the national economy. To support this downstream policy, the role of domestic offtakers is important, including...
China becomes North Sumatra's largest source of imports
The Central Bureau of Statistics (BPS) noted that the volume of imported goods from China into North Sumatra has increased. Until April 2024, imported goods from China into North Sumatra reached 88.5 million dollars, worth 1.4 trillion rupiah. According to...
Major projects in Indonesia's new capital started construction
President Joko held a groundbreaking ceremony for the sixth phase of the project on June 4-5, 2024, when he inspected the development process in the new national capital (IKN). In addition to this, Joko will also review the preparations for the 79th anniversary of the establishment of the Republic of Indonesia...
7th China (Indonesia) Trade Fair opens in Jakarta
The 7th China (Indonesia) Trade Fair was grandly opened today in Jakarta, the capital of Indonesia. As the largest exhibition organized by China in Indonesia, China (Indonesia) Trade Expo has become the...
Palmers Say: Indonesia's New Capital Construction Progress and Investment Opportunities Detailed in May
On August 17th, Indonesian President Joko will hold a National Day commemorative celebration in the new capital, and Wang Palm will share three points: First, the new capital of Indonesia is located near Balikpapan, the provincial capital of East Kalimantan, and occupies an area of 2,560 square kilometers, with its...
Soaring nickel prices cause Indonesia to rake in 100 trillion rupiahs
Nickel prices hit a record high this year, making Indonesia's nickel export profits more than Rp 100 trillion since the beginning of the year. Data from the London Metal Exchange showed that as of the close of trading on May 16, 2024, the price of nickel for the 3-month contract was at $200,054 per ton, a single...
Japanese carmakers to compete with Chinese firms in Indonesia's electric car market
Competition in Indonesia's electric car market has led the new president of Honda Prospect Motor (HPM) to promise to increase the availability of more Honda electric cars, one of which is to compete with Chinese manufacturers such as Wuling and BYD, which are aggressively launching electric cars...
Chinese Electric Vehicle Brands Shine in Indonesia
A number of Chinese electric car makers have showcased high-quality, innovatively designed and competitively priced electric cars at an automotive exhibition in Jakarta. The six-day electric vehicle exhibition PEVS was held on Tuesday (30/4) to public...
Indonesia's industry wants next government to boost steel industry
The Central Executive Committee of the Indonesian Young Entrepreneurs Association (BPP HIPMI) has revealed the issues that the government under President Prabowo Subianto 2024-2029 must address. The Constitutional Court (MK) has just decided to reject the a...
Tokopedia Management Fees Officially Increase as of May 1
Effective May 1, 2024, Tokopedia will increase the service or management fees charged to partner merchants.After Tokopedia increases the service or e-commerce management fees for seller partners, SME merchants will need to re-bill...
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