社会动态
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Key Points of Indonesia-US Tariff Negotiations
Indonesia's Coordinating Minister for Economic Affairs, Minister of Foreign Affairs, and Minister of Finance will serve as President Prabowo's government delegation to negotiate with the US Trade Representative, Secretary of the Treasury, and Secretary of Commerce in Washingto...
Indonesia's Foreign Exchange Reserves Hit Record High
According to data from Bank Indonesia, Indonesia's foreign exchange reserves reached USD 157.1 billion at the end of March 2025, up from USD 154.5 billion the previous month. The increase was driven by higher tax and service revenues, as well as the government's recovery of fo...
Indonesia's Waste-to-Energy Projects Show Great Potential
Indonesia's BPI Danantara Investment Authority stated that waste-to-energy businesses can break even and become profitable within 5-6 years. Although no investors have entered yet, the sector has attracted attention from Singapore, South Korea, Japan, China, and Europe.The age...
Indonesia's Coal Power Plant Capacity Continues to Rise, Adding 1.9 GW
Indonesia's coal power plant installed capacity continues to rise, adding 1.9 GW in 2024, ranking third globally, with 80% for specific purposes (captive power plants). As of 2024, Indonesia has 130 captive coal power plants with installed capacity of 30 MW or more in operatio...
Indonesia's Plan to Cancel Import Quotas Still Under Discussion
President Prabowo has called for the abolition of import quota regulations for daily necessities, arguing that capable enterprises should be given freedom to import, reducing cumbersome bureaucratic procedures, simplifying import processes, creating a more relaxed business env...
Indonesia Plans to Resolve Tariff Issues Through Negotiation and Procurement
The United States imposed a 32% import tariff on Indonesia due to Indonesia's trade surplus of US$17 billion with the US. President Prabowo stated that Indonesia has a strong negotiation strategy, proposing to purchase US$17 billion worth of US products to balance the trade su...
Anhui to Strengthen Investment Cooperation with East Kalimantan
Sun Yong, Vice Governor of China's Anhui Province, visited East Kalimantan Province, Indonesia again to promote cooperation between the two sides. The Vice Governor of East Kalimantan stated that cooperation with Anhui Province began several years ago, and this visit is a cont...
Indonesian Presidential Palace Opens to Public for Eid al-Fitr Today
President Prabowo will hold an open house event for Eid al-Fitr 2025. He plans to first perform the Eid prayer at the Istiqlal Mosque in Jakarta on March 31, 2025 (Eid al-Fitr day), and then proceed to the Merdeka Palace for the open house. The open house aims to provide a pla...
Japanese Brands Still Dominate Indonesia's Automotive Market
Indonesia's automotive sales in February 2025 showed a positive trend, with wholesale sales reaching 72,295 units, up 16.7% month-on-month and 2.2% year-on-year. Retail sales increased from 64,029 units in January to 69,872 units, a 9.1% rise, but still down 0.8% year-on-year....
Indonesia's Largest Gold Plant Has Annual Capacity of 50 Tons
Indonesia has a gold processing plant with an annual capacity of 50 tons, namely the Precious Metal Refinery (PMR) owned by PT Freeport Indonesia (PTFI) located in the Gresik Special Economic Zone, East Java. President Prabowo inaugurated the plant on March 17, 2025. The Minis...
Indonesia Officially Joins BRICS New Development Bank
President Prabowo officially announced Indonesia's membership in the New Development Bank (NDB). He made this decision during a meeting with NDB President Dilma Vana Rousseff in Jakarta, marking a strategic move to strengthen development partnerships with developing countries ...
Indonesian Minister of Industry Hopes Automakers Lower Prices to Boost National Purchasing Power
The Minister of Industry suggested that automobile manufacturers lower vehicle prices to increase consumer purchasing power. Chinese car manufacturer BAIC stated that profits from selling cars in Indonesia are not significant because, in addition to production costs, taxes mus...