Wednesday, May 29, 2024

Tag: Manufacturing

CNGR, a major Chinese company in the nickel processing industry and a key supplier of battery components for US electric car producer Tesla, is aggressively increasing its investments in Indonesia. […]
JAKARTA – The International Labour Organization (ILO), along with three trade unions on garment, on Sunday, May 26, 2024, launched a grievance application for the Indonesian garment workers. […]
A quarterly publication of the Morgan Stanley Capital International (MSCI) issued in London on May 14, 2024, has included PT Chandra Asri Pacific (Chandra Asri Group) in its Global Standard Indexes for Emerging Markets. The inclusion of Chandra Asri Group will be implemented as of the market close of May 31, 2024. […]
Alva, a prominent Indonesian electric motorcycle manufacturer, has achieved significant milestones with its models meeting the 40 percent Domestic Component Level (TKDN) requirements. Locally assembled and eligible for government subsidies, Alva’s electric motorcycles have garnered positive consumer responses. […]
Chinese electric motorcycle manufacturer Yadea has commenced the construction of a new factory in the Suryacipta Industrial Area, Karawang, West Java. The sprawling 27-hectare facility is slated to produce 3 million electric motorcycles annually. […]
Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia told the Indonesia-Australia Business Summit (IABS) 2024 in Melbourne on Monday, May 13, 2024, of Indonesia’s commitment to encourage downstreaming and transition to sustainable development. […]
PT Chubbsafes Indonesia, a safe manufacturer from Sweden with production facilities in Cikarang, Indonesia, has exported 70 percent of its local production to various parts of the world, including China, India, Europe, and the Middle East. […]
A Chinese investor is set to realize the construction of an electric motorcyle factory in the Kendal Special Economic Zone (SEZ) in Central Java. […]
BYD Company Ltd., a leading Chinese electric vehicle (EV) manufacturer, has announced plans to establish a state-of-the-art manufacturing hub in Subang Smartpolitan, Indonesia. The new facility, covering an area of over 108 hectares, will serve as BYD’s strategic base for producing electric vehicles and batteries to meet the growing demand in Southeast Asia. […]
President Joko “Jokowi” Widodo has appointed Investment Minister Bahlil Lahadalia as Chairman of the Task Force for accelerating self-sufficiency in sugar and bioethanol in Merauke regency, South Papua. This assignment is stipulated in Presidential Decree No. 15/2024 issued by Jokowi on April 19, 2024. […]
Amidst the escalating tensions between Iran and Israel following Israel’s strikes on Iran, domestic industry players are apprehensive about the repercussions on the Middle East conflict. This situation has prompted the government to advocate policies supporting manufacturing productivity. […]
The Indonesian Ministry of Industry is anticipating impact of the Iran-Israel conflict on the national petrochemical industry. […]
PT Merdeka Battery Materials (MBMA) has secured a fresh fund of US$ 490 million through a loan facility. The funds, which will be allocated to its subsidiary ESG New Energy Material, are sourced from Bangkok Bank Public Company Limited, Bank Mandiri, and Bank BNI. […]
PT Chandra Asri Pacific of Chandra Asri Group, a leading chemical solutions and infrastructure company in Indonesia, has inked a memorandum of understanding (MoU) with State-owned water resource management company Perum Jasa Tirta II (PJT II). […]
The recent China Homelife International Trade Exhibition, in Jakarta, has sparked interest from several Chinese companies to invest in Indonesia by relocating their factories. […]
State energy companies have been proactive in supporting the establishment of ecosystems for hydrogen-based vehicles in Indonesia, yet there are still challenges in presenting hydrogen vehicles on a large scale in the country.  […]
Indonesia’s dream of becoming a manufacturing hub for pharmaceutical and medical equipment industry is gradually becoming a reality with the influx of Chinese investment in the healthcare sector, thanks to various incentives provided by the government. […]
The global tin supply is projected to be disrupted if there is a drastic decrease in production from Indonesia, one of the main producers, which is partly triggered by the domino effect of corruption cases in PT Timah (TINS). […]
PT Adaro Minerals Indonesia (ADMR), a subsidiary of PT Adaro Energy Indonesia (ADRO), has unveiled the latest developments regarding Adaro MetCoal Companies (AMC) operating in Central Kalimantan and the aluminum smelter project in North Kalimantan. […]
The Ministry of Industry has targeted a total investment in the base metal industry of US$ 340.6 billion (IDR 5,353 trillion) by 2029. […]
PT Virtue Diagnostics Indonesia says the establishment of an In Vitro Diagnostics (IVD) medical equipment manufacturing plant can significantly reduce Indonesia’s import dependence in the future. […]
Chandra Asri Group has appointed Singapore-based bank OCBC as advisory bank as well as mandated Lead Arranger and Bookrunner for its USD600 million multi-currency term loan facility.  […]
The Indonesian government’s dream of managing natural resources from the earth’s content to the final product, known as downstreaming, has started to become a reality in Morowali Regency, Central Sulawesi.  […]
Indonesia is poised to commence mass production of electric vehicle (EV) batteries starting from April 2024, a Special Staff to the Minister of Investment/Chairman of the Investment Coordinating Board (BKPM) has said. […]
The Indonesian Medical Device Manufacturers Association (ASPAKI) assesses the potential of domestic medical device industry with a market share value reaching US$2.2 billion per year. […]
The Indonesian Ministry of Industry asks manufacturing companies to embrace the principles of green industry in their production processes. […]
The Purchasing Managers’ Index (PMI) for Indonesian manufacturing in February still reflects an expansive manufacturing sector although the country booked a score of 52.7, a slight decrease from January’s 52.9. According to the S&P Global index, manufacturing production showed an upward trend in February, with growth rates remaining solid despite a decline compared to January. […]
A big global electric motorcycle manufacturer from an Asian country has shown interest in investing in Indonesia, eyeing a manufacturing plant site in West Java’s Bekasi and Karawang regencies, an official with the Coordinating Ministry for Maritime Affairs and Investment said on Thursday. […]
PT VKTR Teknologi Mobilitas (VKTR), a subsidiary of the Bakrie Group, has commenced the construction of Indonesia’s first Completely Knock Down (CKD) electric bus and truck facility. […]
Minister of Industry Agus Gumiwang Kartasasmita praises the Indonesian manufacturing industry’s remarkable growth surpassing the average growth of other countries, including South Korea and Brazil. […]