Indonesian government multi-measures to encourage investment in the textile industry
Indonesia is committed to strengthening its textile industry with a number of initiatives. The Coordinating Minister for Economic Affairs emphasized that the textile and textile products industry is a huge contributor to the country's economy, with exports exceeding US$2 billion and providing nearly 4 million jobs, but there is still a need to improve the licensing phase...
Chinese firms study coal gasification project in Indonesia
The Ministry of Energy and Mineral Resources (MEMR) says four Chinese companies have conducted studies on the coal gasification to dimethyl ether (DME) project as an alternative to liquefied petroleum gas (LPG). The results of the companies' studies vary, with some believing the project is not feasible in Indonesia...
Fujian invests 16 trillion guilders in Batang Special Economic Zone
Indonesia plans to build six new special economic zones (SEZs), five of which are located in Sidoarjo, East Java; East Kutai, East Kalimantan; Bulungan, North Kalimantan; and Subang, West Java.The Chief Economy Minister said that China...
Indonesia may become a place for Chinese factories to move in, says deputy industry minister
The Deputy Minister of Industry believes that Indonesia has a good chance of becoming a relocation site for hundreds of Chinese factories as the trade war between China and the United States becomes more intense. Indonesia will not be directly affected by the trade war or the US tariff increase as it maintains a good...
Indonesia's imports of Chinese textiles down in February
Indonesia's imports of textiles and textile products from China in February 2025 fell by $141.1 million, or 36.6%, from a year earlier, data from the Central Statistical Office (BPS) showed.Overall imports for the month were $606.8 million, or 20.74%.Meanwhile, in February, imports to the US...
Rexall builds exclusive Raw Coconut Island in Indonesia
Ruixing Coffee has recently signed a Memorandum of Cooperation with the government of Banggai Islands, Indonesia, to "charter" the Banggai Islands as the exclusive origin of raw coconut latte coconut milk and name it as "Ruixing Coffee's Exclusive Raw Coconut Island", and to enjoy the exclusive right to purchase coconut resources,...
Chinese Companies Participate in the Construction of Nusantara Smart Tunnel in Xindu, Indonesia
Indonesia's new capital continues to attract the attention of investors from various countries, including China. The New Capital Authority issued a construction permit to PT China Harbour Indonesia to participate in a road worth 70 trillion rupiah...
Indonesia's cobalt production and reserves are the world's second largest
Indonesia's cobalt production in 2023 was second only to the world's largest cobalt producer, the Democratic Republic of Congo, which produced 170,000 tons of cobalt in 2023, while Indonesia produced 17,000 tons in the same year, up from 9,600 tons in 2022.Russia in 2023, with 88...
China was the main destination for Indonesia's imports and exports last year
Indonesia's exports and imports performed positively in 2024 and the economy remained stable. On the export side, total exports for the year amounted to USD 264.7 billion, up 2.29% year-on-year, and the volume of exports increased by 5.37%.The non-oil and gas sector was the mainstay of exports, with fuel...
Indonesia's 21 downstreaming projects worth a total of $618 billion
The Minister of Energy and Mineral Resources has revealed that the National Investment Management Agency (BPI Danantara) will fund downstreaming projects. President Prabowo, in a closed-door meeting with the Task Force on Downstreaming and Energy Sovereignty, decided that 20...
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