President Prabowo meets with eight Chinese business tycoons
President Prabowo hosted a banquet at the Presidential Palace in Jakarta in honor of eight major Chinese entrepreneurs, accompanied by State Secretary Ministers and Cabinet Secretaries. The eight entrepreneurs included Anthony Salim (Lim Fong Seng), Sugianto Kusuma (Kuo Re...
Indonesia's Ministry of Industry responds to Jiangsu Delong's Indonesian nickel crisis
PT GNI's nickel smelter is located in North Morovalli, and the company is currently in a transition phase due to the new management being more selective in raw material choices, and production is expected to return to normal in April 2025. Employee capacity will be upgraded during this period, and the public...
Chinese firms building factories in Indonesia to create tens of thousands of jobs
The deputy labor minister revealed that 58,000 new jobs will open in the near future. Chinese automaker BYD is building a factory in Subang that will house 18,000 laborers, and Huawei Technologies will build a factory to accommodate 30,000 people. He...
Indonesia identifies 21 downstream industry projects with a total investment of $40 billion
The Minister of Energy and Mineral Resources has revealed that the government has finalized 21 first-phase downstream industry projects with a total investment of $40 billion (about Rp 659.2 trillion) to be funded by the National Energy Investment Authority (BPI Danantara). These...
Import License Issues Hinder Indonesian Wine Companies
Early 2025 members of the Indonesian Liquor Importers Association have expressed difficulties in selling their products due to the fact that liquor import licenses have not yet been fully issued. Currently only 9 out of 17 importer members have been granted licenses, and the association is unaware that the remaining 8...
Indonesian government cabinet reviews downstream industry projects
The Indonesian government is reviewing various downstream projects including minerals, coal, agricultural products and seafood. President Prabowo received a report from the Downstream Working Group and relevant ministries on the development of investment in the downstream sector, and at the meeting the working group reported...
BYD Indonesia plant construction on schedule
PT BYD Motor Indonesia emphasized that the construction of its plant in Subang, West Java, is still on schedule, with a target to be operational by early 2026. Everything is going well and BYD is confident that it will operate as planned.BYD in Indonesia has...
China and India have strengthened cooperation in vocational education and have trained more than 300 technical personnel
Co-founded by China's Yangzhou Institute of Industrial Technology and Indonesia's Universitas Muhammadiyah Jakarta, Indonesia's Luban Workshop Intelligent Manufacturing Center was inaugurated at Universitas Muhammadiyah Jakarta, a training center with an area of nearly 300 square meters, aiming to deepen...
Five investors invest in the new capital
The Director General of the New Capital Authority (NCA) signed the NCA Land Use Agreement and Notarized Deed at the Jakarta Ministry of Public Works Auditorium with five investors, including PT Balikpapan Ready Mix Nusantara, PT Berka...
Indonesia simplifies import duties on eight categories of goods
The Indonesian government has simplified import tariffs for specific eight categories of goods, which are currently simplified to 0%, 15% and 25%. The head of the Import Division of the Technical Department of the Customs Directorate General of the Ministry of Finance said that the importation of goods with a value of more than US$3 to US$1,500...
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