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Fujian Invests IDR 16 Trillion in Batang Special Economic Zone
Indonesia plans to establish six new special economic zones, five of which are located in Sidoarjo, East Java; East Kutai, East Kalimantan; Bulungan, North Kalimantan; and Subang, West Java. The Chief Economic Minister stated that the Fujian Provincial Government of China plan...
Indonesia's Imports of Chinese Textiles Decline in February
Data from the Central Statistics Agency shows that in February 2025, Indonesia's imports of textiles and textile products from China decreased by US$141.1 million month-on-month, a drop of 36.6%. The total import value for the month was US$606.8 million, down 20.74%. Meanwhile...
Luckin Coffee Establishes Exclusive Coconut Island in Indonesia
Luckin Coffee recently signed a Memorandum of Understanding with the Banggai Islands Regency Government in Indonesia, securing the Banggai Islands as an exclusive origin for coconut milk used in its Coconut Latte, naming it the "Luckin Coffee Exclusive Coconut Island" with exc...
Indonesia Ranks Second Globally in Cobalt Production and Reserves
In 2023, Indonesia's cobalt production trailed only the world's largest cobalt producer, the Democratic Republic of the Congo, which produced 170,000 tons of cobalt in 2023. Indonesia produced 17,000 tons in the same year, up from 9,600 tons in 2022. Russia ranked third with 8...
China Becomes Indonesia's Main Export and Import Destination Last Year
In 2024, Indonesia's import and export performance was positive, and the economy remained stable. On the export side, total exports for the year reached USD 264.7 billion, a year-on-year increase of 2.29%, with export volume growing by 5.37%. The non-oil and gas sector was the...
Indonesia's 21 Downstream Projects Total US$618 Billion
The Minister of Energy and Mineral Resources revealed that the National Investment Management Agency (BPI Danantara) will fund downstream projects. President Prabowo decided in a closed-door meeting with the Task Force for Downstreaming and Energy Sovereignty that the first ph...
Chinese Enterprises Invest in Developing Indonesia's Bamboo Industry
The Ministry of Industry facilitates potential investors from China, Germany, and Europe who are interested in developing the bamboo industry in Indonesia. The Deputy Minister of Industry mentioned this during his speech at the opening ceremony of the Indonesia International F...
Indonesian Parliament Urges Government to Take Measures Against Illegal Imports
The Vice Chairman of Commission VII of the Indonesian Parliament urged the government to immediately take firm measures to save the domestic industry from the impact of massive imported goods. She emphasized that this issue cannot be handled solely by the Ministry of Industry ...
Indonesia Imposes Anti-Dumping Duties on Nylon Film from Mainland China and Taiwan
The Minister of Finance has imposed anti-dumping duties on nylon film products imported from Mainland China, Thailand, and Taiwan (Chinese Taipei) because the export prices of these imported goods were below normal value, causing losses to the domestic industry. The regulation...
China Participates in Developing Indonesia's Nuclear Power Industry
The global trend of investment in nuclear power plants is increasing year by year. The Indonesian Chamber of Commerce and Industry will work together with the government to seize this momentum and potential. The Vice Chairman of the Indonesian Chamber of Commerce and Industry ...
Indonesian Ministry of Industry Responds to Crisis at Jiangsu Delong's Indonesian Nickel Company
PT GNI's nickel smelter is located in North Morowali. The company is currently in a transition phase due to the new management being more selective in raw material choices, with production expected to return to normal in April 2025. During this period, employee capability impr...
Import License Issues Hinder Development of Indonesian Liquor Companies
In early 2025, members of the Indonesian Alcoholic Beverage Importers Association reported difficulties in selling their products due to incomplete issuance of alcoholic beverage import licenses. Currently, only 9 out of 17 member importers have obtained licenses, and the asso...