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Boss Wang Says: The Importance of Compliance – Indonesia Cracks Down on Illegal Imports
Is Indonesia going to crack down hard on illegal imports? Yes, on July 17, Indonesian Trade Minister Zulkifli Hasan told the media that a special task force to combat illegal imports would be officially established on July 19 in coordination with major regulatory agencies. Wha...
Indonesia's Pharmaceutical Industry Still Highly Dependent on Imported Raw Materials
Indonesia's pharmaceutical manufacturing industry remains heavily reliant on imported raw materials for drug production. The upstream pharmaceutical raw material industry is underdeveloped and unable to supply the raw materials needed by the downstream pharmaceutical manufactu...
Indonesia Completes World's Largest Copper Smelter, Strengthening Mining Industry Leadership
Indonesia has established itself as a global leader in the mining industry by building the world's largest copper smelter, recently inaugurated by PT Freeport Indonesia in Gresik, East Java. The smelter is not only the largest of its kind but also a symbol of Indonesia's serio...
Indonesia's Durian Exports to China Valued at US$8 Billion
Indonesia is one of the world's leading durian producers and exporters, aiming to enhance the value of durian agriculture across the country, especially for the Chinese market. To achieve this goal, Indonesia plans to conduct further research on durian, nicknamed the 'King of ...
World's Largest Single-Line Copper Smelter Officially Inaugurated in Indonesia
The government has launched a downstream industry policy, expected to support the national economy in adding value and being one of the keys to maintaining economic resilience. To support this downstream policy, the role of domestic off-takers is very important, including user...
China Becomes North Sumatra's Largest Import Source
The Central Statistics Agency (BPS) noted an increase in the volume of imported goods entering North Sumatra from China. Up to April 2024, imported goods from China to North Sumatra reached USD 88.5 million, equivalent to IDR 1.4 trillion. According to BPS North Sumatra data, ...
Multiple Major Projects Under Construction in Indonesia's New Capital City
President Joko Widodo laid the foundation stone for the sixth phase projects during his inspection of development progress in the new capital city (IKN) on June 4-5, 2024. In addition, Jokowi will also review the preparations for the 79th anniversary celebration of the Republi...
7th China (Indonesia) Trade Expo Opens in Jakarta
The 7th China (Indonesia) Trade Expo grandly opened today in Jakarta, the capital of Indonesia. As the largest-scale exhibition held by China in Indonesia, the China (Indonesia) Trade Expo has become an important window for Chinese enterprises to enter the Indonesian market. T...
Wang's Talk: Detailed Progress of Indonesia's New Capital Construction and Investment Opportunities in May
On August 17th, Indonesian President Joko Widodo will hold the Independence Day commemorative ceremony in the new capital. Wang shares three points: First, Indonesia's new capital is located near Balikpapan, the provincial capital of East Kalimantan, covering an area of 2,560 ...
Nickel Price Surge Earns Indonesia Over 100 Trillion Rupiah
This year, nickel prices hit a record high, resulting in Indonesia's nickel export profits exceeding 100 trillion Indonesian rupiah since the beginning of the year. Data from the London Metal Exchange shows that as of the close on May 16, 2024, the three-month contract nickel ...
Japanese automakers will compete with Chinese companies in Indonesia's EV market
Competition in Indonesia's electric vehicle market has led the new president of Honda Prospect Motor (HPM) to promise an increased supply of Honda EVs, partly to compete with Chinese manufacturers like Wuling and BYD that are aggressively launching electric vehicles. The diffe...
Chinese Electric Vehicle Brands Shine in Indonesia Market
Multiple Chinese electric vehicle manufacturers showcased high-quality, innovative, and competitively priced electric vehicles at an automotive exhibition in Jakarta. The six-day PEVS electric vehicle exhibition opened to the public on Tuesday (April 30), featuring over 110 au...