Indonesia's ban on foreign investment in industries reduced from over a hundred to five
印尼投资和下游部长等表示,投资是经济增长关键,政府将增加优质投资流量作为优先事项,总统普拉博沃目标经济增长8%。当前印尼经济增长由国内消费(贡献率53-...
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 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...
Latest Official Fees for Indonesian Visa and Residence Permit
Indonesia has officially implemented the updated non-taxable state revenue (PNBP) regulation, which revises the fees for immigration services such as visa applications, residence permits and passport issuance, with a general increase of Rp 1 million in taxes for business visas in categories C and D (...
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...
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...