Faisal Maliki Baskoro, Jakarta – Daikin has begun mass distribution of its first locally manufactured residential air conditioners from its new West Java factory.

Wahyu Sahala Tua, Jakarta – Indonesia's homegrown electronics company Polytron has officially started mass production of its electric vehicles in Indonesia.

Akmalal Hamdhi, Jakarta – The textile and garment industry is bracing for sharp declines in orders and potential mass layoffs following the United States' decision to impose a 32 percen

Akmalal Hamdhi, Jakarta – Indonesia's textile industry faces potential job cuts as looming US import tariffs raise fears of widespread layoffs in the labor-intensive sector.

Muhammad Aulia Rahman, Jakarta – The State Logistics Agency (Bulog) will once again be led by an army general following the honorable discharge of Lieutenant General Novi Helmy Prasetya

Addin Anugrah Siwi, Jakarta – President Donald Trump's suggestion that Indonesian businesses build manufacturing facilities in the United States is unrealistic, as it would increase pro

Bambang Ismoyo, Jakarta – Academic and Indonesian Solidarity Party (PSI) politician Ade Armando has been officially appointed as a commissioner at PLN Nusantara Power, a subsidiary of t

Rama Sukarta, Jakarta – Indonesia's manufacturing sector showed further signs of weakness in June as the country's Purchasing Managers' Index (PMI) fell deeper into contraction territor

Hanif Musyaffa, Karawang – A new battery manufacturing plant, whose construction officially began on Sunday, will have the capacity to supply batteries for up to 300,000 electric vehicl

Jakarta – Pertamina International Shipping (PIS), the shipping subsidiary of Indonesia's state-owned energy giant Pertamina, reported a net profit of $558.6 million in 2024, marking a 6

Jakarta – Saving Garuda Indonesia through funding from Daya Anagata Nusantara Investment Management Agency, or Danantara, to the tune of Rp20 trillion carries with it major risks for th

Bambang Ismoyo, Jakarta – State-owned electricity company PLN reported Rp545.4 trillion ($33.33 billion) in revenue for 2024, marking an 11.9 percent increase from the previous year.

Widy Wicaksono, Kendal, Central Java – Indonesia has officially opened its largest integrated solar cell and module factory to support its push for renewable energy.

Jakarta – Indonesian state energy company Pertamina reported a net profit of $3.13 billion (Rp 49.54 trillion) for the year 2024, supported by strong operational performance across its

Han Revanda, Jakarta – Industry Minister Agus Gumiwang Kartasasmita denied that Indonesia has entered the deindustrialization phase.

Bambang Ismoyo, Jakarta – President Prabowo Subianto wants government-owned banks to have smaller board of commissioners, according to State-Owned Enterprises Minister Erick Thohir.

Hendrik Yaputra, Jakarta – President Prabowo Subianto revealed that he criticized directors of State-Owned Enterprises (SOEs) during the Danantara Town Hall Meeting at the Jakarta Conve

Ilona Estherina, Jakarta – The CEO of Indonesia's Daya Anagata Nusantara, or Danantara, Rosan Roeslani, said the agency now manages 844 state-owned enterprises (SOEs).

Indah Ayu Pujiastuti, Jakarta – Chinese motorcycle manufacturer QJ Motor announced on Wednesday that it will invest $10 million in an assembly plant in West Java, marking a significant

Hendrik Yaputra, Jakarta – President Prabowo Subianto has instructed state-owned banks to streamline their Board of Commissioners by reducing the number of members and ensuring that onl

Ricki Putra Harahap, Jakarta – The Indonesian government is preparing to establish a new state-owned holding company focused on agriculture and fisheries by merging three existing state

Wahyu Sahala Tua, Jakarta – Musician Riefian Fajarsyah, the newly appointed CEO of state-run film company Produksi Film Negara (PFN), said on Saturday that his task won't be a walk in t

Celvin Moniaga Sipahutar, Jakarta – The government has announced a series of new policies aimed at protecting and revitalizing labor-intensive industries, including textiles, footwear,

Jakarta – The upcoming Lebaran or Eid al-Fitr celebrations will be less than festive for Mr Sriyono, 52, who like many Indonesians goes by one name.

Deni Ghifari, Jakarta – Two coconut processing companies based in Riau have laid off a total of 3,500 workers as they struggle to maintain production in the face of a shortage of the fr

Aditya Hadi, Jakarta – New Chinese carmakers have expanded into Indonesia over the past three years.

Wawan Kurniawan, Tangerang – Two major footwear factories in Tangerang, Banten, which supply global sportswear brands like Nike and Adidas, have been forced to lay off thousands of work

Arie Firdaus, Jakarta – What began as a small fabric shop in Central Java nearly 60 years ago grew into one of Southeast Asia's biggest textile manufacturers, outfitting military forces

Muhammad Firman, Jakarta – The year 2025 has brought significant challenges to Indonesia's industrial sector, with several major companies shutting down operations and carrying out mass

Jayanty Nada Shofa, Jakarta – Malaysian plastic giant Thong Guan Industries recently inked a land purchase order to set up a production plant in Central Java's Batang integrated industr

Aditya Hadi, Jakarta – Manufacturing activity in Indonesia surged last month to its highest level in nearly a year, driven by an increase in new orders and jobs ahead of Ramadan, but an

Rizka Ardina Nugraheni, Wijayanti Putri, Solo – Indonesia's textile giant Sri Rejeki Isman (Sritex) will cease all factory operations in Central Java on Saturday, following a bankruptcy

Arnoldus Kristianus, Jakarta – Indonesia must protect its textile industry from an influx of Chinese exports while continuing to attract investment and create jobs, National Economic Co

Ester Veny Novelia Situmorang, Jakarta – In February 2025, PT Sanken Indonesia announced via the Online Single Submission (OSS) system that it will be shutting down.

Sultan Abdurrahman, Jakarta – The establishment of the Investment Management Agency Daya Anagata Nusantara (BPI Danantara) will alter the way State-Owned Enterprise (SOE) profits and lo

Eka Jaya Saputra, Antara, Bekasi – Japanese electronics company Sanken Electric has announced plans to shut down its factory in Cikarang, Bekasi, leading to the inevitable layoff of ove

Melynda Dwi Puspita, Jakarta – Indonesian President Prabowo Subianto stated that the launch of the National Strategic Investment Fund (NSIF) will be carried out on Monday, February 24 n

Dinda Shabrina, Jakarta – The discourse of appointing former presidents as supervisors in the Daya Anagata Nusantara Investment Management Agency (Danantara) has sparked sharp criticism

Jakarta – President Prabowo Subianto is taking a significant risk with the establishment of the Daya Anagata Nusantara Investment Management Agency, or Danantara.

Michelle Gabriela, Jakarta – Prabowo's government budget cuts policy has forced a number of state-owned enterprises (SOEs) to terminate the contracts of honorary employees, despite Fina

Fajar Fitrianto – Indonesia's reform of its state-owned enterprises (SOEs) marks a bold step toward modernization – or so it is claimed.

Jakarta – Indonesia's government will set up a state investment agency to manage holdings in some of the biggest state companies after Parliament passed a Bill on Feb 4 approving the bo

Han Revanda, Jakarta – Spokesperson of the Industry Ministry, Febri Hendri Antoni Arief, said that the increase in certain natural gas prices (HGBT) will not significantly impact the in

Bambang Ismoyo, Jakarta – Indonesia is gearing up to establish a special economic zone (SEZ) dedicated to semiconductor chip development in partnership with the Bandung Institute of Tec

Antara, Jakarta – The government is nudging more state-owned enterprises or SOEs to go public.

Alfi Dinilhaq, Jakarta – President Prabowo Subianto has picked Energy Minister Bahlil Lahadalia to lead the task force dedicated to expediting Indonesia's downstream industry developmen

Alfi Dinilhaq, Jakarta – A senior government official on Wednesday urged Chinese carmaker Chery to build its own manufacturing facility in Indonesia and increase the use of locally-prod

Jayanty Nada Shofa, Jakarta – Chinese polyethylene terephthalate or PET plastic manufacturer Wankai New Materials has pledged to establish a factory in Banten's industrial city of Cileg

Antara, Jakarta – Chinese carmaker Wuling Motors has officially begun operating its electric vehicle (EV) battery plant in Cikarang, West Java, marking a significant milestone in Indone

Ruth Dea Juwita, Jakarta – Indonesian carmakers are expecting a minimal impact from the planned value-added tax (VAT) increase to 12 percent which is set to take effect in January 2025,