Amelia Rahima Sari, Antara, Jakarta – President Joko Widodo or Jokowi inaugurated the PT Kaltim Ammonium Nitrat (KAN) factory in Bontang City, East Kalimantan today, February 29.

Jayanty Nada Shofa, Jakarta – Indonesia needs to introduce incentives to the recycling industry of electric vehicle (EV) batteries, according to an expert.

Jayanty Nada Shofa, Jakarta – South Korean carmaker Hyundai is planning to launch a brand new electric vehicle (EV) model equipped with batteries produced in Indonesia this year.

Leonard AL Cahyoputra, Karawang – Despite an increase in the number of producers and production capacity, Indonesia's annual auto sales have remained stagnant at around 1 million over t

Jayanty Nada Shofa, Jakarta – A report shows that about 14 percent of the Indonesian listed companies that it had sampled are in distress, with the metal and mining sector struggling th

New vehicle sales in Indonesia declined by 19% to 85,284 units in December 2023 from 105,354 units a year earlier, according to member wholesale data compiled by local automotive indust

Herman, Jakarta – The Indonesian automotive industry recorded just above 1 million sales throughout last year, with brands under Astra International controlling 56 percent of the market

Jakarta – Vice presidential candidate Mahfud MD has vowed to reform state-owned enterprises (SOEs) in the infrastructure sector, which he deemed plagued with corruption and inefficiency

Jayanty Nada Shofa, Jakarta – From a presidential palace renovation to oil gas fields, President Joko "Jokowi " Widodo's economy-heavy diplomacy has culminated in Indonesian state-owned

Heru Andriyanto, Jakarta – Renowned global automaker MG Motor is set to introduce two electric vehicle models, claiming that they are entirely assembled by Indonesian engineers at the c

Nabiel Gibran El Rizani, Jakarta. Indonesia's electric motorcycle program fell short of its target.

Nabiel Gibran El Rizani, Jakarta – The Association of Indonesian Automotive Industries (Gaikindo) is anticipating car sales to reach 1 million units in 2023, a figure similar to the pre

Divya Karyza, Jakarta – The government has predicted it will take 10 more years to complete all of state-owned construction firm Waskita Karya's toll road projects, as policymakers seek

Jayanty Nada Shofa, Jakarta – Indonesia's industrial confidence index has slightly dropped in December 2023, although most businesses remain positive that they will grow in the coming m

Jakarta – Thirteen workers were killed and 38 were injured on Sunday in the explosion of a nickel smelter furnace owned by Indonesia Tsingshan Stainless Steel (ITSS) in Central Sulawesi

Adinda Jasmine Prasetyo, Jakarta – Indonesian Industry Minister Agus Gumiwang Kartasasmita reported on the country's achievements in the manufacturing sector, which has enabled it to be

Divya Karyza, Jakarta – Developing Indonesia's battery industry is expected to remain a challenging task, as the industry is still beset with a lack of regulation and an unclear path fo

Jakarta – Not one of the country's three 2024 presidential candidates has shown any real interest in making the changes necessary to salvage our ailing state-owned enterprises (SOEs), w

Theresia Sufa, Jakarta – Indonesia's production of natural silk is on the decline as producers find it difficult to get local supplies of silkworm cocoons.

Aditya Hadi, Jakarta – The government's push to develop mineral processing industries has prompted Rp 151.7 trillion (US$9.53 billion) of investment this year, according to government d

Antara, Jakarta – Japanese carmaker Daihatsu has sold 120,243 cars to export markets from its Indonesian plant in the nine months ending September of the current year.

Jayanty Nada Shofa & Heru Andriyanto, Jakarta – The government recently said that it was mulling providing incentives to woo electric car producers into building a manufacturing pla

Tenggara Strategics, Jakarta – After reaping profits at the height of the COVID-19 pandemic, Indonesia's pharmaceutical industry is now facing a weakening economy.

Tenggara Strategics, Jakarta – State-owned energy company PT Pertamina has quietly received a state capital injection (PMN) of Rp 3.37 trillion (US$40.47 billion), based on a presidenti

Tenggara Strategics, Jakarta – Indebted state-owned publicly-listed construction company PT Waskita Karya Tbk (WSKT) has caused jitters on the stock market after defaulting on Rp 941.75

Jakarta – Rantai Tekstil Lestari, which brings together like-minded private companies, fashion designers, and individuals, recently called for a roadmap on sustainable textiles to minim

Jakarta (VNA) – Indonesia plans to sign a memorandum of understanding (MoU) with Malaysia to develop an electric vehicle (EV) battery factory in Samalaju industrial park, according to t

Jakarta – The financial committee of Indonesia's parliament on Monday approved 28.2 trillion rupiah ($1.82 billion) of capital injection for several state companies by 2024, including f

Ruth Dea Juwita, Jakarta – Indonesia's furniture industry was falling behind those of its neighbors like Vietnam and Malaysia, though the country was once one of the world's leading pro

Ichsan Ali, Jakarta – President Joko "Jokowi" Widodo said on Thursday that the electric vehicle (EV) battery plant, owned by South Korean companies Hyundai and LG in the West Java town

Muawwan Daelami, Jakarta – Indonesian state-owned enterprises (SOEs) are in overall robust financial health, with a combined market valuation surging to Rp 2,200 trillion ($143 billion)

Mutia Yuantisya, Jakarta – The Jakarta Environment Agency is determined to force all industries in the capital to install scrubbers and a continuous emission monitoring system (CEMS) in

Investor Daily, Jakarta – State-owned toll operator Jasa Marga revealed on Thursday that its net profit surged by 56 percent to Rp 1.1 trillion ($72 million) in the first half of the ye

Muhammad Ghafur Fadillah, Tangerang – Terang Dunia Internusa, the proprietor of the United bicycle and electric scooter brand, on Wednesday announced an investment of Rp 250 billion ($1

Faisal Maliki Baskoro, Jakarta – The Indonesian government has joined forces with a consortium led by South Korean multinational electronics company LG to fast-track the establishment o

Yustinus Paat, Jakarta – A lawmaker from the Prosperous Justice Party (PKS) has expressed support for the extension of Nicke Widyawati's role as the president director of state-owned oi

Byun Hye-jin, Seoul – Hyundai Motor Group is poised to produce electric vehicles, including the flagship Ioniq 5, in Indonesia equipped with battery packs made at its manufacturing plan

Jayanty Nada Shofa, Jakarta – The government remains undecided whether former Jakarta governor Basuki Tjahaja Purnama, popularly known as "Ahok", would be the new president director of

Byun Hye-jin, Seoul – Hyundai Motor Group is poised to produce electric vehicles, including the flagship Ioniq 5, in Indonesia equipped with battery packs made at its local manufacturin

Jayanty Nada Shofa, Jakarta – Former British Prime Minister Tony Blair on Friday met with State-Owned Enterprise (SOE) Minister Erick Thohir in Jakarta to discuss the government's 2024-

Thresa Sandra Desfika, Jakarta – The Indonesia Stock Exchange (IDX) has suspended trading of shares for 46 companies that failed to submit their audited financial results for the fiscal

Muawwan Daelami, Jakarta – The government considers reducing the number of state-owned construction firms from currently seven to avoid overlapping businesses, an official has said.

Bella Evangelista, Jakarta – Chief Investment Minister Luhut Binsar Pandjaitan expressed confidence on Tuesday that Indonesia will soon surpass Vietnam as the biggest footwear manufactu

M Julnis Firmansyah, Jakarta (Antara) – State-owned Enterprises (SOEs) Minister Erick Thohir announced that the government will receive the largest dividends payout in the history of SO

Jayanty Nada Shofa, Jakarta – Chief Investment Minister Luhut Binsar Pandjaitan recently said that Indonesia would become the third-largest producer of lithium batteries by 2028, as the

Antara, Jakarta – The Coordinating Minister of Economics Airlangga Hartarto in an economic outlook event on Tuesday highlighted the competitiveness of Indonesia's electric vehicle ecosy

Jayanty Nada Shofa, Jakarta – Indonesia is building the world's largest green industrial park in Bulungan, North Kalimantan, which will eventually produce batteries for electric vehicle

Deni Ghifari, Jakarta – Ezaki Glico Co., Ltd inaugurated its largest factory to date on Thursday in Karawang, West Java, with the aim of serving the domestic and Southeast Asian markets

Riri Rahayu, Jakarta – PT Pertamina Geothermal Energy Tbk. (PGE) is preparing to hold an initial public offering (IPO).