社会动态
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Indonesia Receives Over IDR 120 Trillion in Chinese Investment
During a visit to Beijing, the Minister of Investment and Head of the Investment Coordinating Board announced that Indonesia has secured new investment commitments from China worth USD 7.4 billion (approximately IDR 120.7 trillion). These investments cover four sectors: polysi...
6.5% Minimum Wage Hike Poses Heavy Burden on Indonesian Businesses
The Economic Policy Analyst of the Indonesian Employers' Association assessed that a 6.5% increase in the minimum wage will place a heavy burden on the business community, especially in labor-intensive industries, which are currently a focus of the government's efforts to redu...
Indonesian Local Textile Industry Complains Imported Goods Impacting the Indonesian Market
The General Chairman of the Association of Counterflow Entrepreneurs stated that over the past two years, a large number of imported goods have flooded in, causing 60% of small and medium-sized enterprise members to cease operations and 50% to struggle to survive. Due to the l...
Indonesia's 267 trillion rupiah mineral downstream investment requires 5 gigawatts of electricity
Mining holding company MIND ID plans to invest 267 trillion rupiah to support downstream projects of its four members until 2029, a budget that has been planned for some time. The product director stated that the projects require a large amount of energy, with at least 5 gigaw...
17 Indonesian companies ready to become Apple suppliers
The Ministry of Industry expects domestic companies to integrate into Apple's global supply chain, with about 17 domestic companies ready to enter Apple's value chain, covering components such as chargers and LEDs. At the same time, the government is advancing research on digi...
The average annual expenditure of Indonesian residents this year is 12.34 million rupiah
Data from the Central Statistics Agency shows that the average real expenditure of Indonesia's population in 2024 will be 12.34 million rupiah per person per year, representing a considerable increase compared to 2023. Indonesian people's expenditure increased by 442,000 rupia...
Indonesia is Becoming a Hub for Photovoltaic Production Capacity
The photovoltaic cell and module production line at the Yuncheng Photovoltaic Indonesia factory has officially commenced operations, with a nameplate capacity of 2.5GW each, capable of producing PERC and n-type products. Its CEO stated that the United States is an important ma...
Indonesia's Nuclear Power Plant Plan to be Located in Western Regions
The Indonesian government is selecting sites in western regions and elsewhere for nuclear power plants. Last year, the parliament confirmed nuclear energy as a new energy option, and the Prabowo government will advance it. Plans include nuclear plants of various capacities, wi...
Complete List of Indonesia's 20 Special Economic Zones (SEZs)
At the end of his term in October 2024, President Joko Widodo designated two new Special Economic Zones (KEK). SEZs are defined areas with certain boundaries designated to perform economic functions and receive specific facilities. SEZs have been regulated since the enactment ...
Indonesian Government Seizes 9.8 Billion Rupiah in Illegally Imported Chinese Ceramic Goods
Indonesian police, in collaboration with the Ministry of Trade, confiscated illegal ceramics and tableware worth 9.8 billion Indonesian rupiah. These goods from China were seized at Tanjung Priok Port and a warehouse in Surabaya due to incomplete import documents, such as Busi...
Indonesia's Ministry of Industry accuses Trade Ministry regulations of harming manufacturing
The Ministry of Industry once again criticized trade regulatory regulations for hitting Indonesia's manufacturing sector, with the October 2024 manufacturing PMI contracting to 49.2, marking four consecutive months of contraction. The Ministry of Industry questioned the regula...
NICE, a large convention and exhibition center in the PIK 2 area, is expected to begin operations in September next year
NICE, the largest convention and exhibition center in Indonesia located in the PIK 2 area, is expected to begin operations in September next year. Covering 40 hectares, the center has installed 15 tower cranes and consists of three exhibition buildings with a total floor area ...