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Indonesian nickel downstreaming prompts tenfold jump in export value

The Minister of Energy and Mineral Resources demonstrated at the Mandiri Investment Forum that the value of nickel exports jumped 10 times due to the downstreaming of the nickel industry. He said the value of Indonesia's nickel exports in 2017-2018 was only $3.3 billion. As President Joko stopped the nickel...

High Priority! 71 Indonesian Immigration Officers Suspended for Extorting Chinese

Indonesia's Minister of Immigration and Corrections said he has suspended 71 immigration staff at Jakarta's Soekarno-Hatta Airport after receiving a diplomatic note from the Chinese Embassy about suspected arbitrary fees at the airport.2024 2...

Indonesian government controls foreign exchange, what is the impact?

On February 17th, Indonesian President Prabowo issued Presidential Decree No. 8 of 2025 announcing the Foreign Exchange Control Policy for Natural Resource Exports (DHE SDA). From March 1, 2025, exporters in the mining, plantation, forestry and fishery sectors are required to transfer 1...

A new aluminum smelter in West Kalimantan

Kayong Utara (Suara Kalbar) - Penebang Island, which is part of Pelapis village in Karimata Islands district, Kayong Utara regency, is included in the National Strategic Plan (PSN) as a smelter will be constructed there that will...

Exporters to deposit full amount of foreign exchange with Bank Indonesia from next month

President Prabowo has announced strategic policies to strengthen the country's economic resilience by making it mandatory to store foreign exchange earnings from natural resource exports (DHE SDA) in the country. Mining (except oil and gas), plantations, forestry and fisheries...

Indonesia plans to develop nuclear energy in a big way

Indonesia will build nuclear power plants with a total capacity of up to 4.3 gigawatts (GW), the president's special envoy for climate and energy affairs said, as part of the government's energy transition strategy.The plants to be built will be Small Modular Reactor (SMR) floating power plants...

Indonesia's Ambassador Zhou Hao Li visited Shaanqi to promote cooperation on new energy and intelligent commercial vehicles.

Ambassador of Indonesia to China Mr. Zhou Hao Li Visited Shaanxi Automobile - Promoting Cooperation on New Energy and Intelligent Commercial Vehicles Duta Besar Indonesia untuk Tiongkok, Djauhari Oratmangun, Mengunjungi Shaanxi Automobi...

Multi-agency Indonesian government conducts joint warehouse checks ahead of Ramadan

Seven Indonesian departments have reportedly been conducting joint warehouse checks in Jakarta, Tanggelang and surrounding areas since February 11, which is expected to last two weeks. The operation involves multiple areas with high compliance requirements and strong penalties, and some sellers believe the intensity exceeds that of last year's 7...

Indonesia's quartz sand sector has great potential for development

The Ministry of Investment and the Ministry of Downstreaming/Investment Coordination Committee have encouraged local entrepreneurs to continue to grow and develop to become major players in the country, including in the quartz sand commodity management industry. The Deputy Minister and Vice Chairman of the Ministry of Investment said they hosted...

China and India renew 400 billion yuan bilateral local currency swap agreement

The People's Bank of China (PBOC) and the Central Bank of Indonesia (CBI) have recently renewed their bilateral local currency swap agreement, with a swap size of 400 billion yuan / 878 trillion rupiah, valid for five years, and can be extended by mutual consent. The People's Bank of China said that the two sides...
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