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Jakarta Land Prices Continue to Rise
Industry News 2025-07-07

Jakarta Land Prices Continue to Rise

Jakarta land prices hit new highs, with the SCBD area surpassing Menteng and Sudirman. Land prices in the Jakarta Special Capital Region, especially in urban and commercial areas, continue to rise, with some land now reaching hundreds of billions of rupiah per square meter. SC...

Indonesia to Increase Imports of US Oil and Agricultural Products
Industry News 2025-07-04

Indonesia to Increase Imports of US Oil and Agricultural Products

The Coordinating Minister for Economic Affairs recently stated that the Indonesian government plans to sign a Memorandum of Understanding with the United States on Monday, July 7, 2025, regarding increasing imports. The MoU involves Indonesia increasing imports of oil and agri...

China-Indonesia 'Two Countries, Twin Parks' Focuses on Multi-Field Cooperation
Industry News 2025-07-02

China-Indonesia 'Two Countries, Twin Parks' Focuses on Multi-Field Cooperation

After China opened quarantine access to fresh coconuts from Indonesia in November 2024, on April 12, 2025, 100 kg of fresh Indonesian coconuts arrived smoothly at Fuzhou Airport. Following customs quarantine clearance, they were delivered to Fujian Miaotianhui Food Co., Ltd., ...

Prabowo attends groundbreaking of CATL automotive battery project
Industry News 2025-06-30

Prabowo attends groundbreaking of CATL automotive battery project

President Prabowo attended yesterday the groundbreaking ceremony of the integrated electric vehicle battery industry ecosystem project built by the ANTAM-IBC-CBL consortium in Karawang Regency, West Java Province, and delivered a speech. He emphasized that developing the new e...

Indonesia's Coal Exports to China and India Decline
Industry News 2025-06-27

Indonesia's Coal Exports to China and India Decline

As of May 2025, Indonesia's coal exports to China fell 15% year-on-year, and exports to India fell 7% year-on-year. The main reasons for the decline include intensified international price competition, with coal products from Russia, Mongolia, Australia and other countries bec...

Indonesian Government Predicts Car Sales of Only 832,000 Units This Year
Industry News 2025-06-26

Indonesian Government Predicts Car Sales of Only 832,000 Units This Year

The Deputy Director for Infrastructure and Regional Development Coordination predicts that car sales in Indonesia in 2025 will only reach 832,000 units, below the target of 900,000 units set by the Indonesian Automotive Industry Association. This figure is based on historical ...

Indonesia Conditionally Approves TikTok's Acquisition of Tokopedia
Industry Express 2025-06-23

Indonesia Conditionally Approves TikTok's Acquisition of Tokopedia

Indonesia's Business Competition Supervisory Commission (KPPU) has conditionally approved the acquisition of shares in PT Tokopedia by TikTok Nusantara Pte Ltd. Earlier speculation suggested the acquisition might trigger monopolistic behavior, and KPPU investigators had report...

Three Key Industrial Parks under the Two-Country Twin-Park Scheme
Industry News 2025-06-21

Three Key Industrial Parks under the Two-Country Twin-Park Scheme

Indonesia's Coordinating Ministry for Economic Affairs has driven the signing of two strategic memorandums of understanding with China, focusing on strengthening industrial and supply chain cooperation and the implementation of the Two-Country Twin-Park project. This cooperati...

Indonesia's Largest Solar Panel Factory Officially Commences Production
Industry News 2025-06-20

Indonesia's Largest Solar Panel Factory Officially Commences Production

The Minister of Industry recently inaugurated the solar panel factory of PT Trina Mas Agra Indonesia (TMAI) in the Kendal Special Economic Zone, Central Java. The factory, with an investment of over IDR 1.5 trillion, has an initial operating capacity of 1 GW per year, producin...

20 Indonesian Companies Selected in Southeast Asia Top 500
Industry News 2025-06-19

20 Indonesian Companies Selected in Southeast Asia Top 500

Fortune recently released the 2025 list of the top 500 companies in Southeast Asia, with 20 Indonesian enterprises making the list based on their highest revenues in 2024. Among the seven Southeast Asian countries, Indonesia contributed the largest number of companies, with 10...

China Supplies Coking Coal to Indonesia, Breaking Old Market Pattern
Industry News 2025-06-18

China Supplies Coking Coal to Indonesia, Breaking Old Market Pattern

In May 2025, China shipped at least three batches of coking coal to processing companies in Sulawesi, Indonesia, entering a market typically dominated by supplies from Australia and local Indonesian sources. Chinese customs monthly data shows that since early 2024, China has e...

12 Indonesian Companies Listed in Global 2000
Industry News 2025-06-17

12 Indonesian Companies Listed in Global 2000

Forbes magazine released its 23rd annual Global 2000 list, ranking the world's largest public companies by sales, profits, assets, and market value. A total of 12 Indonesian companies made the list, with 5 from the banking sector. BRI is the highest-ranked Indonesian company, ...