Indonesia officially launches world's largest sovereign wealth fund
President Prabowo officially launched Indonesia's National Investment Authority (BPI Danantara) in Jakarta in the presence of a host of entrepreneurs, including key figures behind CT Corp, Chairul Tanjung, Sinar Mas Grou...
Tencent Cloud to invest in third data center in Indonesia
Tencent Cloud has announced that it will build its third data center in Indonesia to strengthen its presence in the country. The move is part of its plan to invest around $500 million in infrastructure and resources in Indonesia by 2030. 2024...
China's Changan Automobile officially enters the Indonesian market
Indonesian automotive group Indomobil Group and China's Changan Automobile have officially announced a partnership in which Changan Automobile, through its wholly-owned subsidiary Mobi Technology Ltd, which is engaged in the business of international trade import and export as well as overseas market operations, and Indo...
China remains Indonesia's main market for non-hydrocarbon exports
Indonesia's trade surplus in January 2025 amounted to US$3.45 billion, making it the 57th consecutive month since May 2020 to realize a trade surplus. The trade surplus at the beginning of 2025 was higher than the previous month, December 2024, said the Director General of Fiscal Policy at the Ministry of Finance,...
Indonesian government forms downstream industry task force
The Ministry of Energy and Mineral Resources (MEMR) said the Downstream Industry Task Force will offer 35 projects worth US$123.8 billion (2.005 trillion dong) to investors, which the deputy minister described as a way to accelerate the development of the downstream industry to achieve domestic energy security...
Indonesia records 57th consecutive month of trade surplus
In January 2025 Indonesia recorded a trade surplus for the 57th consecutive month, which is the latest record after 56 consecutive months of surplus in the previous month.The trade surplus was due to the value of exports being greater than the value of imports.In January 2025 Indonesia's exports were valued at $21.45 billion, and imports...
Xiaopeng Motors to enter Indonesian market this year
Erajaya Active Lifestyle has been appointed as the brand holder's exclusive distributor for Chinese high-tech car company Xiaopeng Motors in Indonesia. The two parties signed a Memorandum of Understanding (MoU), which marks an important step in the global expansion of Xiaopeng Motors.E...
Indonesian government prepares thirty-five downstream projects for investors
The Ministry of Energy and Mineral Resources (MEMR) said the government is preparing 35 downstream industry projects worth US$123.8 billion (about 2.015 trillion dong). The deputy minister said according to the coordination meeting of the National Working Group on Acceleration of Energy Downstream Industry and Energy Security,...
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...
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