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Industry news, policy information and media coverage.
Prabowo Considers Purchasing Chinese Defense Equipment
Indonesian President Prabowo, in an interview with Bloomberg, expressed important views on recent international situations and Indonesia's defense policy. He said he was quite surprised by the US and Israeli attacks on Iran, and frankly stated that he sees no rational or reaso...
Bank Indonesia Promotes Bilateral Local Currency Settlement Cooperation
The head of the Bank Indonesia Representative Office in Beijing recently actively promoted the "Indonesia-China Business Dialogue" event held in Changsha, Hunan Province, China, actively promoting the China-Indonesia Local Currency Settlement Framework (LCT), emphasizing the i...
Indonesia Cracks Down on Import Under-Invoicing and Tax Evasion, Rectifies Import Violations
The Indonesian government is intensifying efforts to combat under-invoicing in import transactions, which severely erodes state revenue. The Minister of Finance recently stated at the Coordinating Ministry for Economic Affairs office in Jakarta that tax authorities have discov...
Two Chinese Companies Win Indonesian Waste-to-Energy Projects
At the start of 2026, a bombshell was dropped in Indonesia's environmental protection market. With the official announcement of Indonesia's Sovereign Wealth Fund Danantara, two Chinese environmental giants, Wangneng Environment and Weiming Environmental Protection, successfull...
Chinese Capital Participates in New Capital Real Estate Project for the First Time
Mr. Lu Keming, Chairman of the Indonesia Hainan General Chamber of Commerce and head of Star Bright Group (PT Star Bright), officially held the project signing and launching ceremony in the new capital Nusantara with the New Capital Investment Authority, marking the official i...
Chinese Garment Companies Enter West Java Industrial Park
In recent years, the textile and textile product (TPT) industry in West Java Province has faced tremendous pressure, with many factories reportedly suspending production and closing, and many companies relocating production lines to Central Java to reduce operating costs. Agai...
Indonesian Solar Power Plants to Replace Diesel Power Plants
The Indonesian government announced that it will gradually phase out diesel power plants (PLTD), and future electricity supply will be replaced by solar power plants (PLTS). This plan is an important part of the 100 GW solar power plant construction target proposed by the Mini...
Chinese Capital Leads, Subang Becomes New Focus of Indonesian Industrial Investment
For three decades, Indonesia's industrial concentration has been centered in Bekasi and Karawang. As these regions mature, with industrial land depletion and rising operating costs, global investment is shifting massively to Subang, rapidly turning it into a strategic node in ...
China-Indonesia Bilateral Cooperation Strengthened in Fisheries Sector
The Ministry of Cooperatives of Indonesia signed six fishery cooperation memoranda with the China-Shanghai Cooperation Organization Economic and Trade Exchange Center (SCO-ETEC) and several Chinese enterprises in Jakarta, aiming to build cooperative-based fishery facilities an...
Multiple Countries Plan to Replace Oil and Gas with Coal
Affected by energy crisis concerns, international coal prices have risen sharply in the past two days. According to Refinitiv data, on March 12, 2026, coal prices closed at $138.75 per ton, up 2.85% in a single day, with a cumulative increase of 5.8% over two days. This coal p...
Businesses in Indonesia Forced to Demand Holiday Allowances Can Call Police for Help
The Head of the Public Relations Division of the Indonesian National Police announced countermeasures against social organizations impersonating community groups to engage in extortion and illegal fees harming business interests ahead of Eid al-Fitr 2026, with the most common ...
Indonesia Industrial Certification Duration Reduced to 28 Working Days
The Indonesian Ministry of Industry announced plans to accelerate industrial certification services to enhance domestic industrial competitiveness and protect the domestic market from influx of low-quality imported products. The Minister of Industry stated that 2026 is a criti...