#Manufacturing
Positive outlook for Indonesia's textile industry amid regulatory challenges
Indonesia's textile industry has remained resilient despite facing significant challenges due to new trade regulations, with industry leaders advocating for systemic improvements to secure a sustainable future.
Indonesia's dominance in nickel supply crucial for global EV market
Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, has asserted that the United States cannot increase its electric vehicle (EV) production elevenfold by 2030 as targeted without Indonesia's support.
Wuling Indonesia explores EV export expansion
Wuling Indonesia is exploring to expand its electric vehicle (EV) exports to Australia, New Zealand, Malaysia, and South Africa. The plan was revealed during a meeting between Indonesian Minister of Industry Agus Gumiwang Kartasasmita and executives from SAIC-GM-Wuling Automobile Co., Ltd in Beijing on Tuesday, June 18, 2024.
Depreciating Rupiah strains Indonesia's food and beverage industry
Chairman of the Indonesian Food and Beverage Entrepreneurs Association (GAPMMI), Adhi S. Lukman, has expressed concern over the significant impact of rupiah's depreciation on the food and beverage industry, which relies heavily on imported raw materials such as milk, sugar, soybeans, and wheat.
APVI optimistic about achieving e-Cigarette tax on the target
The Indonesian Personal Vaporizer Association (APVI) is confident that the government's Rp2 trillion (US$123 million) e-cigarette tax target will be met this year.
A major Chinese nickel processing company expands investment in Indonesia
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.
ILO, trade unions launch grievance applications for Indonesian garment workers
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.
Chandra Asri Group joins MSCI Global Standard Index for emerging markets
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 aims for Southeast Asian market with local electric motorcycles
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.
Yadea to set up US$150 million electric motorcycle factory in Karawang
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.
Bahlil affirms Indonesia's commitment to encourage downstreaming
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.
Chubbsafe: sending high-quality safes from Cikarang to Europe and China
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.