Industry Newsletters

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...

Coal prices have recently risen sharply to six-week highs, following the same trend as soaring natural gas prices. coal prices in Newcastle rose to $149.60 per ton in November and are expected to reach $151.50 in December; Rotterdam coal prices rose to $123.45 in November...

The government continues to promote industrial downstream programs, one of which is in the area of agribusiness such as palm oil, as the export value of this commodity is worth hundreds of billions of rupiah. The Director General of Agro-Industry of the Ministry of Industry said that so far, palm oil is one of the commodities that have become...

The Ministry of Energy and Mineral Resources (ESDM) and CNGR, a Chinese company operating in the nickel sector, have agreed to collaborate in the energy and minerals sector as well as human resources (HR) development, a collaboration marked by the Human Resources Development Agency (BPSDM)...

As of January 1, 2025, the government will increase the value-added tax (VAT) rate by 121 TP3T from the current 111 TP3T, however, the Directorate General of Taxes (DGT) has said that it will be implemented after the new government takes office.The increase in VAT by Law No. 7 of 2021 on the Harmonization of Tax Regulations on...

China-Indonesia Business Forum was held in Beijing on the 10th. Mr. Gao Yunlong, Vice Chairman of the CPPCC National Committee and Chairman of the All-China Federation of Industry and Commerce (ACFIC), attended the forum and delivered a speech. Gao Yunlong said that China is willing to work hand in hand with all circles in Indonesia to deeply implement China's national leadership...

With the recent news of massive imports of steel from China overshadowing the domestic steel industry, the industry is hopeful that the government will protect the country's steel industry from suffering the same fate as the textile industry, which has suffered from the invasion of imported products by...

A state-owned investment holding company operating in the renewable energy materials sector, PT Industri Battery Indonesia or Industry Battery Corporation (IBC), is working with the world's largest electric vehicle (EV) battery company...

The Indonesian Electric Motorcycle Industry Association (Aismoli) is optimistic that battery-powered motorcycle exports have the potential to continue to grow, with Indonesian electric motorcycle exports having made their way into Southeast Asian countries such as Malaysia and Cambodia. The association last week outlined...

The country's textile industry is in big trouble and the declaration of bankruptcy by PT Sri Rejeki Isman Tbk or Sritex has set off alarm bells that require immediate government intervention to correctly diagnose and provide a panacea to revive the labor-intensive textile...