Industry Newsletters

Indonesian government reviews, suspends nickel smelter development program

The Ministry of Energy and Mineral Resources (MEMR) plans to review the policy of suspending or restricting the operation of nickel refining and processing facilities in Indonesia. The deputy minister said the suspension program needs to be reassessed due to industry considerations of demand for nickel products. No measures have been taken to suspend...

Top selling cars in Indonesia in October

October Indonesia car sales data is out, the top five brands pattern remains unchanged, but Suzuki and Mitsubishi switched places. BYD rose to sixth, Fuso and other brands moved back.October all-brand sales 77,191 units of record high, an increase of 6.2%. January-October cumulative sales...

Indonesian government cracks down on 49 billion rupiah in illegal imports in a week

The Minister of Finance revealed that they cooperated with the Coordinating Minister for Political and Security Affairs to crack down on the smuggling of illegally imported goods valued at Rp 49 billion in one week. The operation was carried out through cooperation with the Customs Department, National Police, Prosecutor's Office, Ind...

iPhone 16 sales in Indonesia hampered by substandard localization rate

The fate of iPhone 16 series sales in Indonesia is uncertain, as Apple's TKDN certificate has expired and not been renewed. Indonesia requires a TKDN to be met for the sale of the device, with a current minimum of 35%, with discussions of raising it to 40% but no new regulations. Samsung, Xiaomi, Oppo...

Indonesia extends anti-dumping duty to cope with China's steel import onslaught

The Indonesian government in the past more than a decade to protect the steel industry with anti-dumping import duties (BMAD), the government recently extended the BMAD for iron or non-alloy steel H-beam to I-beam products for five years, the tax rate of 11.93%. Previously, the relevant provisions of the many times adjusted, the limit...

Two Factors Achieving Growth in Indonesia's Automotive Market

The Indonesian automotive market in 2024 is challenging. Despite the influx of new brands, the market has stagnated or even shrunk, failing to break the one million unit mark for years, with Gaikindo targeting just 850,000 units this year. Manufacturers such as Hyundai are under pressure to PT...

Indonesian battery plant to supply Chinese car brands

SAIC CATL joins hands with Kentjana Group to build a battery packaging plant in Indonesia. The factory, with an annual capacity of 20,000 battery packs, will be operated by PT UABS Indonesia, with SAIC-Ningde Times holding 67% and Kentjana Group 33%. Initially ...

Indonesian Nickel Processing Plant Becomes Key Link in Global EV Battery Supply Chain

CNGR Indonesia, a Chinese company that produces nickel metal and makes precursors for electric car batteries in Indonesia, said its public relations director that leading international car companies such as Tesla and BYD indirectly use Indonesian materials, and that the nickel sulfate contained in the precursors comes...

Investment in Indonesia rejected after Apple ban, four principles to be discussed

Apple's $100 million (Rp 1.58 trillion) investment offer to sell the iPhone 16 series in Indonesia has been rejected by the country's industry minister. The government will renegotiate because it did not meet expectations based on technocratic assessments, did not follow four...

Nickel Reserve Advantage Boosts Strong EV Battery Ecosystem in Indonesia

With its rich nickel reserves and related mineral resources, Indonesia will be strategically important in the development of the global electric vehicle ecosystem over the next five years, said state-owned mining holding company MIND ID. It is expected that in the next five years, Indonesia's nickel...
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