Prabowo's visit to China to sign $10 billion in contracts
President Prabowo said that some Indonesian companies will sign contracts worth more than 10 billion dollars with Chinese companies. Tomorrow afternoon, the Indonesian Chamber of Commerce and Industry will organize an event where Chinese and Indonesian companies in the field of science will sign contracts worth more than...
Indonesian industry calls for protection of steel industry from Chinese imports
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...
Indonesia to ban exports of copper and tin raw materials from next year
In order to strengthen downstream industry development, the Ministry of Industry (Kemenperin) continues to enhance downstream optimization and improve the competitiveness of the country's copper and tin industry. In addition, the copper and tin sectors are supporting downstream automotive, electronics, electrical equipment and renewable energy...
China and Indonesia cooperate to set up electric vehicle battery production enterprise
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...
Indonesia plans to export electric motorcycles to Southeast Asia and Africa
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...
Huayou Cobalt's $5 Billion Deep Dive into Indonesia's Nickel Mining Industry
On October 18, 2024, the factory feeding ceremony of Huayou Cobalt's battery ternary precursor project was successfully held in Widabe Industrial Park, Indonesia. Huayou Cobalt has cumulatively invested nearly $5 billion in Indonesia since 2018, so why is Huayou Cobalt ...
Ningde Times Lays Out $1.18 Billion Battery Plant in Indonesia
On October 16th, under the witness of the Deputy Minister of State Enterprise of Indonesia, Indonesia Battery Group and CBL, a subsidiary of Ningde Times, jointly established a joint venture with an investment of about USD 1.18 billion to build a...
Zhongwei builds $10.5 billion battery industrial park in Indonesia
On October 30, according to Indonesian media reports, China's battery material maker Zhongwei New Material Co, plans to build a $10.5 billion battery industrial park in Indonesia. Magdalena, the Indonesian director of Zhongwei, said that this industrial...
Poor implementation of SNI standards for Indonesian imports highlights problems
Imported products that do not comply with the provisions of the Indonesian National Standard (SNI) are nevertheless allowed to enter the country, as revealed by the head of the Directorate of Standardization and Policy of Industrial Services (Kemenperin) of the Ministry of Industry. The department's standardization agency has a center called Industrial...
Problems in Indonesia's indigenous textile industry are becoming more acute
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...
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