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Indonesian Business Conglomerates Frequently Venture into Real Estate and Logistics
Two major Indonesian business groups, Grup Djarum and Grup Astra, have recently become increasingly active in acquisitions within the real estate and logistics sectors. This is seen as a strong signal of their confidence in Indonesia's long-term economic recovery prospects.Ast...
From the Iconic Sarinah to the New PIM3: The Transformation of Jakarta Shopping Centers
According to data from the Indonesian Shopping Center Entrepreneurs Association (APPBI), Jakarta currently has 96 operational shopping centers, the highest number among all cities in Indonesia. The distribution of shopping centers across Jakarta's regions is as follows: South ...
China's Coal Imports from Indonesia Drop Significantly
In June 2025, China's coal imports from Indonesia amounted to 11.62 million tons, a sharp year-on-year decrease of 30%, exceeding the average decline of China's total coal imports (26%). In the first half of 2025, China's cumulative coal imports from Indonesia reached 90.98 mi...
Indonesia's Coke Industry Calls for Government Support
Indonesia is the world's third-largest coke exporter, with exports reaching 5.56 million tons in 2024,仅次于 China (8.33 million tons) and Poland (5.88 million tons). Coke is a key raw material for steel production (especially blast furnace technology), and its demand is close...
Indonesia's Nickel Industry Revenue Surges Tenfold Last Year
The Ministry of Investment and Downstream Industry revealed that the nickel downstream industrial plan has had a significant impact on state revenue, with nickel commodity exports reaching US$30 billion (approximately IDR 486.56 trillion) in 2024. Before the implementation of ...
Up to 28 Production Lines Suspended at Multiple Indonesian Nickel Smelters
Recently, multiple nickel smelters in Indonesia have suspended production lines, including PT Gunbuster Nickel Industry (GNI), which has over 20 nickel-iron production lines. Since early 2024, almost all production lines have been shut down, with only a few still running; it i...
US Tariff Rate on Indonesian Goods Reduced to 19%
The United States has reduced the tariff on Indonesian export products from 32% to 19%, making it one of the countries with lower tariffs in ASEAN. According to a report from the Office of the Chief Economist (OCE) of Bank Mandiri Indonesia dated July 16, 2025, there are diffe...
Chinese Enterprise Invests $2 Billion in Nickel Smelting Project
The 2025 China (Guangdong)-ASEAN Trade Promotion and Supply Chain Cooperation Mechanism Building Exchange Meeting was recently held in Guangzhou, during which Guangxin Group signed the Indonesia Guangqing Nickel-Cobalt HPAL Project. The new project, jointly developed by Guangx...
China's anti-dumping tariff on Indonesia will affect nickel ore prices
China officially imposes anti-dumping tariffs of 20.2% on Indonesian stainless steel billets, hot-rolled sheets and other products, effective from July 1, 2025, with a five-year extension until 2030. This policy targets not only Indonesia but also similar products from the Eur...
Chinese Goods Transshipment via Indonesia Draws US Attention
A researcher from the economic department of the Center for Strategic and International Studies pointed out that the main threat in current trade dynamics is not only high tariffs but also potential obstacles arising from allegations of Chinese transshipment. The US-China trad...
Apple to Build Production Factory in Batam This Year
US tech giant Apple will build a factory in Batam this year, located in the Tunas Industrial Prima industrial zone. The head of the Batam Enterprise Agency stated that the factory plan is mature, and Apple is currently communicating with tenants in the park. Relevant informati...
China Remains Indonesia's Largest Import Source
In 2024, Indonesia's import value reached US$235.2 billion, an increase of 5.42% from US$221.9 billion in 2023. Among them, oil and gas imports were US$36.28 billion, and non-oil and gas imports were US$198.9 billion. Indonesia's top ten import source countries in 2024 were Ch...