Chinese-funded enterprises invest 143.5 trillion rupiah to build nickel smelters

PT Vale Indonesia (ValeIndonesia/INCO) disclosed the amount of investment required to build three smelters or nickel ore processing facilities, with a total investment of approximately US$8.6 billion to US$9 billion, equivalent to 143.5 trillion rupiah. A senior public relatio...

Chinese brands occupy the top position in Indonesia's mobile phone market share

GAC Aion Electric Vehicle Brand Enters Indonesian Market

PT Indomobil Sukses Internasional Tbk (Indomobil) has once again shaken up the Indonesian electric vehicle market. After introducing Citroen, Great Wall Motors, and Yadea, it is now cooperating with GAC Aion. The company is one of four subsidiaries of the Chinese automotive gi...

Lopal Technology's Indonesia Lithium Iron Phosphate Production Base Phase II to Start Construction in H2

An investor asked Lopal Technology (603906) about the company's specific overseas plans for lithium iron phosphate, including overseas plant construction and orders. Thank you! The company replied, saying: Dear investor, hello! The company plans to build a 120,000-ton lithium ...

BYD to Invest in Indonesia, Factory to Start Production in 2026, Confirmed by Minister Luhut

Indonesia's Coordinating Minister for Maritime Affairs and Investment Luhut recently revealed that Chinese well-known electric vehicle manufacturer BYD plans to start investment activities in Indonesia in July 2024. This news is based on a report from the Deputy Coordinating M...

Yongqing Environmental Protection Cooperates with Indonesia Dexin Steel to Jointly Promote Distributed Photovoltaic Power Generation Project

On March 19, Yongqing Environmental Protection announced through a notice that its subsidiary PT. Dezhiqing New Energy Indonesia and PT Dexin Steel Indonesia successfully signed an "Energy Management Agreement for the Distributed Photovoltaic Power Generation Project of PT Dex...

Zibo Economic and Trade Delegation Signs Multiple Agreements in Indonesia to Expand Global Market

On March 4, 2024, during a visit to Indonesia, an economic and trade delegation from Zibo City successfully established a strategic partnership with Indonesian company IGH, aiming to further enhance the export channels of local enterprises in Zibo and promote the global distri...

Shengxin Lithium Energy Provides Buyback Progress and Indonesia Lithium Salt Project Update

Financial Associated Press, March 3 News: An investor inquired on the interactive platform to Shengxin Lithium Energy: Hello, has the company completed the buyback? When will the Indonesia subsidiary commence production? Company response: Under the company's announced share bu...

Indosat Ooredoo Hutchison and Huawei Join Hands to Promote Digital Infrastructure and AI Technology Development

At the 2024 Mobile World Congress, Indosat Ooredoo Hutchison (IOH) and Huawei officially signed a pivotal memorandum of understanding, marking in-depth cooperation in advancing Indonesia's digital infrastructure, particularly in the development and application of artificial in...

Wuling Cloud EV Debuts in Indonesia: Innovative Design and Ultimate Comfort

Recently, Wuling launched its latest electric model, the Wuling Cloud EV, in the Indonesian market, marking the company's third electric vehicle introduction in the country. The vehicle will be produced in Indonesia. Although Wuling has not yet announced the specific price of ...

Exploring the New Era: Opportunities and Challenges for Chinese Enterprises Investing in Southeast Asia

On February 28, a forum themed "Mining and Game Theory: Opportunities and Challenges of Investing in Southeast Asian Countries" was successfully held in Beijing. Guided by the China Friendship Promotion Association and hosted by the Thai-China Friendship Relations Association,...

BYD Shines at 2024 Indonesia International Auto Show: Debuts Four Models and Announces Pricing

Recently, BYD made a splash at the 2024 Indonesia International Auto Show with its four new models, while also revealing pricing information for models including the BYD DOLPHIN (known as Dolphin in overseas markets), BYD SEAL (known as Seal overseas), and BYD ATTO 3 (known as...