行业快讯
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China Becomes North Sumatra's Largest Import Source
The Central Statistics Agency (BPS) noted an increase in the volume of imported goods entering North Sumatra from China. Up to April 2024, imported goods from China to North Sumatra reached USD 88.5 million, equivalent to IDR 1.4 trillion. According to BPS North Sumatra data, ...
Multiple Major Projects Under Construction in Indonesia's New Capital City
President Joko Widodo laid the foundation stone for the sixth phase projects during his inspection of development progress in the new capital city (IKN) on June 4-5, 2024. In addition, Jokowi will also review the preparations for the 79th anniversary celebration of the Republi...
7th China (Indonesia) Trade Expo Opens in Jakarta
The 7th China (Indonesia) Trade Expo grandly opened today in Jakarta, the capital of Indonesia. As the largest-scale exhibition held by China in Indonesia, the China (Indonesia) Trade Expo has become an important window for Chinese enterprises to enter the Indonesian market. T...
Wang's Talk: Detailed Progress of Indonesia's New Capital Construction and Investment Opportunities in May
On August 17th, Indonesian President Joko Widodo will hold the Independence Day commemorative ceremony in the new capital. Wang shares three points: First, Indonesia's new capital is located near Balikpapan, the provincial capital of East Kalimantan, covering an area of 2,560 ...
Nickel Price Surge Earns Indonesia Over 100 Trillion Rupiah
This year, nickel prices hit a record high, resulting in Indonesia's nickel export profits exceeding 100 trillion Indonesian rupiah since the beginning of the year. Data from the London Metal Exchange shows that as of the close on May 16, 2024, the three-month contract nickel ...
Japanese automakers will compete with Chinese companies in Indonesia's EV market
Competition in Indonesia's electric vehicle market has led the new president of Honda Prospect Motor (HPM) to promise an increased supply of Honda EVs, partly to compete with Chinese manufacturers like Wuling and BYD that are aggressively launching electric vehicles. The diffe...
Chinese Electric Vehicle Brands Shine in Indonesia Market
Multiple Chinese electric vehicle manufacturers showcased high-quality, innovative, and competitively priced electric vehicles at an automotive exhibition in Jakarta. The six-day PEVS electric vehicle exhibition opened to the public on Tuesday (April 30), featuring over 110 au...
Indonesian business circles hope the next government will promote steel industry development
The Central Executive Board of the Indonesian Young Entrepreneurs Association (BPP HIPMI) has revealed the issues that must be addressed by the government under President Prabowo Subianto for the 2024-2029 term. The Constitutional Court (MK) has just decided to reject the laws...
Tokopedia Management Fees Officially Increase from May 1st
Starting May 1, 2024, Tokopedia will increase the service fees or management fees charged to partner merchants. After Tokopedia raises the service fees or e-commerce management fees for seller partners, MSME merchants need to recalculate their profit margins. Considering that ...
How to Interpret Indonesia's Strict Import Restrictions on Electronic Products
\n\nStarting March 10, along with the enactment of Indonesia's new Trade Regulation No. 36, the Ministry of Industry specifically issued new Regulation No. 6 to restrict imports of electronic products. What are the specific details? Let me explain:\n\nFirst, on February 1, 202...
Jakarta Customs Issues Bonded Zone License to Enterprise
The head of the Jakarta Customs and Tax Regional Office stated that granting the bonded zone license (KB) to PT Hucross Xulong Indonesia is a customs facility and one of the implementations of customs duties. Providing this facility is a form of assistance to domestic industri...
China Energy Engineering Corporation Strengthens Cooperation with Indonesia's PLN, Signs Energy Project MoU
During a meeting held in Jakarta, Song Hailiang of China Energy Engineering Corporation (CEEC) and Darmawan of Indonesia's State Electricity Company (PLN) had a fruitful dialogue. The two sides discussed strategies to strengthen green and low-carbon energy cooperation and prom...