#Industry
We’ve had enough with TKDN: Prabowo
President Prabowo Subianto has instructed government officials to revise the Local Contents (TKDN) policy on domestically produced products and services in order to make them more flexible and realistic.
Kadin urges swift government action, warns of job loss and investment shift
The Indonesian Chamber of Commerce and Industry (Kadin) has suggested that the government immediately take concrete steps to protect domestic industries from the impact of the reciprocal tariff policy imposed by the U.S.
Massive layoffs rampant in electronics industry amid import surge, weak demand
The Electronic Entrepreneurs Association (Gabel) has revealed that the electronics industry ecosystem has been laying off workers since the beginning of this year as a result of efficiency driven by the shrinking domestic market and the high volume of imported electronics from China.
Government asked to abolish AGIT policy, citing investment risks
The national ceramics and glass industry has asked the government to abolish the Specific Industrial Gas Allocation (AGIT) policy, which is considered to be hampering investment and the smooth supply of gas.
Free lunch program benefits Chinese manufacturing industry: Businessman
The Indonesian government's free nutritious meal program is reportedly benefiting the Chinese manufacturing industry as most of the dining utensils are imported from China, according to a local business source.
Macmahon appointed as underground mining contractor for Poboya Gold Project
Mining company PT Bumi Resources Minerals (BRMS), through its subsidiary PT Citra Palu Minerals (CPM), has appointed Macmahon Indonesia as the underground mining contractor for its Poboya Gold Project in Palu, Central Sulawesi.
KLH to announce expert findings on Lido KEK environmental damage next week
The Ministry of Environment (KLH) said that they would announce results of experts’ examination on the Lido Special Economic Zone (KEK) development issue within the next week.
MIND ID says downstreaming a solution to reduce raw material imports
Indonesia’s state-owned mining holding company, MIND ID, is confient that downstreaming is an answer to the country’s reliance on imported industrial raw materials.
Malaysia’s Thong Guan Industries confirms US$7 million investment in KIT Batang
Malaysian plastic packaging manufacturers, Thong Guan Industries Bhd., has confirmed its US$ 7 million (Rp115 billion) commitment to invest in the Batang Integrated Industrial Estate (KIT Batang) in Central Java, Indonesia.
Eramet keen in investing in Indonesia’s EV battery ecosystem, downstream processing
French multinational mining and metallurgy company, Eramet, has interest in supporting Indonesia’s Electric Vehicle (EV) battery ecosystem development and downstreaming processing.
Pros and cons, restraint mounted on birth of Danantara
Pros and cons, as well as restraint have mounted over the commitment of Indonesia’s newly established Daya Anagata Nusantara (Danantara) Investment Management Agency on transparency, financial sustainability, and freedom of political influence.
Agus Gumiwang Kartasasmita follows in his father’s steps
Agus Gumiwang Kartasasmita gets political traits from his father. He followed his father's footsteps and he joined the Golkar Party. His popularity soared while being a member of the party and held important posts in the government. He made some achievements during his time. Kartasasmita is known to be a loyal person, hardworking, serious and wholeheartedly and some see him as a perfectionist.