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 Jakarta 28, Central Jakarta 22, North Jakarta 18, West Jakarta 16, and East Jakarta 12. Trihatma Kusuma Haliman is the owner of the major real estate company PT Agung Podomoro Land Tbk. (Agung Podomoro Group), which constructed Se
Large Number of Chinese Workers from Chinese Enterprises at Risk of Deportation
GAC AION to Launch New Model T in Indonesia, Estimated Price Below 400 Million IDR
Indonesian Textile Production Factory Permanently Closed
China's Coal Imports from Indonesia Drop Significantly
Chinese Brand Becomes Third-Largest Diaper Brand in Indonesia
MAKUKU, a domestic diaper brand founded in November 2020, whose founder previously served as the head of OPPO's overseas marketing department, is familiar with the Southeast Asian market. Within four years of its establishment, it became the third-largest diaper brand in Indonesia, with TikTok sales of 65.5 million yuan in a single country and global monthly sales exceeding 100 million yuan. Enterprise research found that Indonesia has 4 million to 4.5 million newborns each year, with growing maternal and infant consumption and huge market potential, so it was chosen as the first stop for going global. The initial direct sales model was ineffective, so it shifted to a "distribution + vertical hit product" strategy, focusing deeply on the core diaper category. In 2021, it completed 185 million yuan in angel
Chery Partners to Develop Indonesia's EV Technology Center
PT Chery Sales Indonesia (CSI) has officially launched a cooperation with the Center for Vocational and Productivity Training (BBPVP) in Bekasi, West Java, to develop Indonesia's electric vehicle ecosystem. BBPVP Bekasi will become the main training center for Chery technicians, and will also cultivate skilled workers in the EV field for Indonesia's automotive industry. The Minister of Manpower stated that this cooperation strongly aligns with the government's efforts to improve human resource quality in the era of energy transition, hoping that the synergy between industries and vocational training institutions
Chinese Company Secures 2.2 GWh Energy Storage Order in Indonesia
Vanda RE, a joint venture between Singapore's Gurīn Energy and Gentari International Renewable Energy, has signed a framework supply agreement with CATL, a global leader in battery technology and energy storage. Under the agreement, CATL will supply up to 2.2 GWh of EnerX battery energy storage systems for the Vanda solar and battery project. Located in the Riau Islands, the project will have 2 GWp of solar capacity and 4.4 GWh of battery storage, and complies with Indonesia's local content requirements (
Indonesia to Build Asia's First Quantum AI Data Center
Indonesia will build Asia's first quantum artificial intelligence data center. This project is in its initial phase and is driven by the Ministry of Investment and Downstream Industry/Investment Coordinating Board. It will attract US$400 million (approximately IDR 6 trillion) in investment. The project was facilitated by the signing of a strategic cooperation agreement between Silicon Valley tech company Worldvuer iByond Limited and Tunas Prima Industrial Estate in Jakarta. The project aligns with President Prabowo's goal of achieving 8% economic growth for “Golden Indonesia” by 2045, with data centers being a major pillar in realizing this goal.
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 closely related to the growth of the global steel industry. Global coke prices have fallen due to declining coking coal prices, the main raw material, and the decline has been greater than that of coking coal, resulting in narrower export profit margins and increased production cost pressures. By-products of the coke industry include hazardous waste, requiring a balance between environmental protection and utilization as raw materials for the chemical and manufacturing industries. The Indonesian Coke Enterprises Association was established in early 2025, receiving approval from the Ministry of Law and Human Rights, and was inaugurated in May. Its goal is to serve as a coordination platform between the government and enterprises, promoting favorable policies, ensuring environmental sustainability, and strengthening Indonesia's position in the global coke supply chain. The association chairman calls on the government to provide practical support, including simplifying export permits and providing guidance on factory management (including environmental aspects), to alleviate cost pressures and enhance competitiveness. Coke, as a reducing agent and heat source, is indispensable in the process of converting iron ore into molten iron, highlighting its strategic value.
Indonesia's Nickel Industry Revenue Surges Tenfold Last Year
The Ministry of Investment and Downstream Industry revealed that the nickel downstream industrial plan is expected to have 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 the nickel downstream industrial plan, the state revenue from the nickel industry was only US$300 million (approximately IDR 48.65 trillion). In 2024, this revenue increased tenfold, indicating that the government's downstream industrial plan has successfully boosted domestic added value and strengthened the national industrial base. The Deputy Minister of Investment and Downstream Industry pointed out that the downstream industry strategy is not limited to the mineral sector but also covers oil and gas, forestry,
Chinese Companies Aggressively Enter Indonesia's Aluminum Industry
The Chairman of the Indonesian Bauxite Mining Association stated that several Chinese companies are entering Indonesia's aluminum industry through Industrial Business Licenses (IUI), representing investments in non-integrated smelters. Investment in independent smelters is relatively easier and simpler than integrated investments starting from upstream mining. Currently, some projects from bauxite refineries to aluminum smelters face financing difficulties, and some investors are adopting a wait-and-see attitude toward investing in the bauxite industry. The Ministry of Energy and Mineral Resources recorded that 10 smelters holding Mining Production Operation Licenses (IUP OP) have not yet completed their projects. This type of license requires integrated investment from upstream mining to refineries and smelters.