#Industry
Indonesia’s auto industry slumps as government finalizes 2026 incentive plan
The Indonesian automotive industry is facing one of its toughest years in a decade as weakening consumer purchasing power continues to drag down vehicle sales, with the government pledging a new round of fiscal incentives aimed at stabilizing and reviving the industry, which has strategic role in the country’s economy.
Nickel industry crisis prompts calls for stronger worker, environmental protections
Indonesia’s booming nickel industry, a key pillar in the country’s downstreaming agenda, has drawn scrutiny over mounting workplace accidents, pollution, and weak safety standards, amid calls from civil society for stronger oversight and regulatory reform.
Textile Association: Tax incentive extension offers limited relief for industry
The Indonesian Textile Association (API) said the government’s decision to extend the income tax incentive (PPh 21 borne by the government) will have only a minimal impact on the performance of the national textile industry.
Banking industry seen stronger in H2 as lending grows
Banking industry is projected to post stronger performance in the second half (H2) of 2025, supported by falling interest rates and cautious yet expansionary lending strategies, according to the Financial Services Authority (OJK).
Minister showcases support for EV growth with locally assembled AION V
Minister of Industry Agus Gumiwang Kartasasmita inspected the AION V, a locally assembled electric vehicle, at the GAC Indonesia booth during the 2025 Gaikindo Indonesia International Auto Show (GIIAS) held at ICE BSD City on July 24, 2025.
Seven companies set to launch IPOs on IDX by end-2025
The Indonesia Stock Exchange (IDX) has announced that seven companies are preparing to go public through initial public offerings (IPOs) by the end of 2025, with asset sizes ranging from medium to large scale.
Toyota to build new factory in Japan amid shifting market dynamics
Toyota Motor Corporation has planned to build a new automobile manufacturing plant in one of Japan cities, with operations expected to begin in early 2030.
Indonesia’s manufacturing still trails Vietnam in U.S. market: Industry ministry
Indonesia’s manufacturing sector still faces difficulties competing with Vietnam in the U.S. market, despite lower import tariffs granted by the U.S. government, said Putu Juli Ardika, Director General of Agro Industry at the Ministry of Industry.
Hashim Djojohadikusumo inaugurates two green factories in Sumatra
Business tycoon Hashim Djojohadikusumo recently launched two environmentally friendly factories under Arsari Group, marking a significant step in sustainable industrial development in Sumatra.
Government still reviews controversial mining activities on small islands
The government has yet to reach a final decision regarding the polemic over mining activities on small islands, particularly in Raja Ampat, Southwest Papua, where public concern over environmental degradation continues to grow.
RI targets 70% utilization in textile industry as new import rules take effect
Deputy Minister of Industry Faisol Riza has expressed confidence that Indonesia’s textile and textile product (TPT) industry can reach a 70 percent utilization rate in the second half of 2025 in anticipation of the upcoming implementation of a revised trade regulation aimed at curbing excessive imports and revitalizing domestic manufacturing.
Korean AI firms showcase cutting-edge tech at ASEAN-Korea digital partnership
ASEAN-Korea Digital Business Partnership 2025, a major business-matching event held in Jakarta, on Tuesday, June 10, 2025, brought together ASEAN digital industry players and 30 leading South Korean software companies specializing in Artificial Intelligence (AI)-based solutions, digital health and data and cyber security.