Industry Newsletters

Indonesia's mineral state firms demand limit on number of nickel smelters

State-owned mining holding company MIND ID says the number of nickel smelters in Indonesia is booming. Its chief director said the proliferation of nickel smelters has reduced the selling price of related products, and ferronickel has been facing a situation where the price is difficult to cover the cost, and for this reason, it wants to limit the di...

Development of Indonesia's bauxite downstream industry stagnates

Construction of bauxite smelting projects in Indonesia has been difficult, with only three smelters built in 10 years and seven still stalled despite downstream schemes in place. The obstacle is the lack of serious investors to run the projects, and so far in 2014, except for PT Aneka Tamb...

Specifics of the six major nickel mines in Indonesia

According to Indonesia's National Minerals and Coal Management Plan 2022-2027, Indonesia is No. 1 in the world in terms of total nickel reserves and production, with available nickel resources accounting for 231 TP3T of global reserves and 291 TP3T of production.Indonesia owns a number of large-scale nickel mines: the South Sulawesi Blok S...

Indonesia's investment minister meets with China's top three electric vehicle-related companies

The Ministry of Investment cum Investment Coordination Board met with several large Chinese electric vehicle companies to accelerate investment in Indonesia's electric vehicle ecosystem. During his visit to China, the Minister of Investment met with companies such as BYD, Zhongwei New Materials and Ningde Times...

U.S. removes anti-dumping duties on Indonesian aluminum products

The U.S. International Trade Commission has decided not to impose anti-dumping duties and countervailing duties on Indonesian extruded aluminum products, a decision that ends the investigation and ensures that Indonesian aluminum products are not considered harmful to the U.S. industry. Indonesia's trade minister called this a good opportunity for Indonesia to make...

Indonesia Market Insight and Strategy for Going Overseas: A Compendium of Key Points from the Live Broadcast of Mr. Wang's Cabinet

In this live broadcast, Indonesia Wang Palm around the topic of going to sea in Southeast Asia, especially landing in Indonesia, in-depth exchanges and sharing with the audience, providing enterprises with a wealth of market information and practical advice. First, market trends and industry...

Indonesia's nickel industry policy adjusted, smelters will no longer receive preferential treatment

The government is launching a review of the incentives given to companies with nickel processing and refining facilities. At a time when nickel smelters are increasing in number, the Deputy Minister of Energy and Mineral Resources said nickel smelting companies such as nickel pig iron and nickel iron are no longer considered to be part of the advanced industry...

Scope and Calculation of VAT in Indonesia 12%

Here's how the price of a luxury home is calculated after the VAT hike:PPnBM rates vary, with the lowest set at 101 TP3T and the highest set at 2001 TP3T.PPnBMs that fall into the 201 TP3T rate group are luxury homes, such as those priced at 20 billion rupiah or more that are not...

Indonesia Imported 402,000 Tons of Garlic from China in Jan-Oct 2024

Indonesia imported 402,000 tons of garlic valued at US$532.47 million (equivalent to Rp 8.4 trillion) during the period of January-October 2024, the Central Statistical Agency of Indonesia revealed. There are several main source countries for imported garlic, such as China, India, and Australia...

Indonesia's best-selling car in November, Innova, takes top spot over Avanza and Brio

Toyota Avanza used to be the top seller in Indonesia, however Innova surpassed it in November with 5,908 units sold. As of October, Innova is the top seller with 5,693 units sold.2023 Innova also became the top seller, beating Toyota Avanza and Honda Bri...
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