Indonesia's 1.2 million tons per annum Glory Metal Joint Venture Smelting Project Officially Opens
On August 9, Morowali Industrial Park in Indonesia held a groundbreaking ceremony for the 1.2 million tons per year joint venture smelting project of Indonesia Glory Metals Co. Xiang Guangda, Chairman of the Board of Directors of Qingshan Industrial, and Apo Yudai, Executive Director of India Jindalai Stainless Steel Group...
Indonesia's downstream nickel exports soar to Rp 510 trillion
President Joko demonstrated the results of his "Pride Project", in this case the downstreaming of nickel, where the value of downstream exports increased dramatically. The value of nickel downstream exports soared several times, from just 33 trillion rupiah to 510 trillion rupiah. He was in East...
YLKI urges consumers to be wary of illegal food imports from China
The Indonesian Consumer Foundation (YLKI) has urged the public to be wary of illegal food and beverage products from China as they can jeopardize people's health.The YLKI researcher said people must be more careful when purchasing food, a...
Indonesia task force seizes 46.1 billion rupiah in illegal imports
The Task Force on Illegal Imports (TFI), composed of the Ministry of Trade, Customs and Taxation and the Attorney General's Office (Kejagung), confiscated illegally imported products valued at Rp 46.1 billion. The Task Force on Illegal Imports, which is also a member of the Advisory Board of...
Indonesia's Largest Battery Anode Material Plant Comes Onstream
On August 7, 2024, the annual output of 80,000 tons of lithium battery anode material integration project invested and constructed by Betray in Indonesia, held a commissioning ceremony at Kendall Park in the Central Java Industrial Belt, with Indonesian President Joko leading five cabinet ministers to personally work for the...
Indonesian government plans to tax processed foods for health reasons
President Joko's government has enacted new health-related regulations, one of which is an excise tax on processed foods, including ready-to-eat processed foods. The provision is contained in Government Regulation No. 28 of 2024 No. 17 of 2023 on the Implementation of the Health Law...
Palm said: Indonesia Central Java industrial zone which parks
Java is the center of Indonesia's manufacturing industry, and Indonesia's Central Java Industrial Belt is one of the three industrial belts on the island of Java, the emerging vibrant industrial belt, the cost of land and labor costs are very competitive, the cost of land is about 50-100 US...
Indonesian government decides to suspend construction of new nickel smelting plant
The government has decided to stop the construction of new nickel refining facilities or smelters producing low value-added products, namely rotary kiln electric furnace (RKEF) smelters producing nickel pig iron (NPI). The Minister of Energy and Mineral Resources said at the Jakarta Petroleum and Natural...
Indonesia's SME Minister Calls for Preventing Inflow of Illegal Imports
The Minister of Cooperatives and Small and Medium Enterprises (MenKopUKM) has asked the Ministry of Trade (Kemendag) to further tighten control over the flow of imported goods, especially finished products or consumer goods, in order to protect local products from the onslaught of imported goods. The government is pushing...
Ten items on which Indonesia plans to impose excise tax
The government plans to increase the types of goods on which excise duty is levied, ranging from packaged sugary drinks (MBDK) and plastics to ready-to-eat foods. Excise duty on MBDK and plastics was planned since 2019, but discussions were delayed due to the pandemic. The aim ...
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