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Industry & State-Owned Enterprises

Displaying 1 - 50 of 371 Documents

March 27, 2024

Tempo - March 27, 2024

Jakarta – The government plans to accelerate the privatization of state-owned enterprises. Stop paying out budget funds for state companies.

March 19, 2024

Jakarta Globe - March 19, 2024

Djibril Muhammad, Jakarta – State-Owned Enterprise Minister Erick Thohir said Tuesday his office is in the process of merging seven state-run infrastructure companies into three enterpr

Jakarta Globe - March 19, 2024

Alfida Rizky Febrianna, Jakarta – Investment Minister Bahlil Lahadalia has revealed that certain countries are making attempts to thwart Indonesia's industrialization efforts.

March 18, 2024

Jakarta Globe - March 18, 2024

Jayanty Nada Shofa, Jakarta – The electric vehicle (EV) battery plant, which lies in the West Javan regency of Karawang, will begin commercial production this April, according to Invest

March 14, 2024

Jakarta Globe - March 14, 2024

Ichsan Ali, Jakarta – President Joko "Jokowi" Widodo inaugurated a pilot plant for red cooking oil in Deli Serdang Regency, North Sumatra, on Thursday, as part of his efforts to promote

March 6, 2024

Jakarta Post - March 6, 2024

Tenggara Strategics, Jakarta – The longstanding trend of granting key roles in state corporations to supporters of presidential and vice-presidential hopefuls has resurfaced.

February 29, 2024

Tempo - February 29, 2024

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.

February 20, 2024

Jakarta Globe - February 20, 2024

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

February 16, 2024

Jakarta Globe - February 16, 2024

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.

January 23, 2024

Jakarta Globe - January 23, 2024

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

January 18, 2024

Jakarta Globe - January 18, 2024

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

January 16, 2024

Just Auto - January 16, 2024

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

January 14, 2024

Jakarta Globe - January 14, 2024

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

January 12, 2024

Jakarta Post - January 12, 2024

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

January 9, 2024

Jakarta Globe - January 9, 2024

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

January 6, 2024

Jakarta Globe - January 6, 2024

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

January 4, 2024

Jakarta Globe - January 4, 2024

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

Jakarta Globe - January 4, 2024

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

January 2, 2024

Jakarta Post - January 2, 2024

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

December 28, 2023

Jakarta Globe - December 28, 2023

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

December 24, 2023

Jakarta Post - December 24, 2023

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

December 22, 2023

Tempo - December 22, 2023

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

November 30, 2023

Jakarta Post - November 30, 2023

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

November 28, 2023

Jakarta Post Editorial - November 28, 2023

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

November 2, 2023

Jakarta Post - November 2, 2023

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.

October 31, 2023

Jakarta Post - October 31, 2023

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

October 28, 2023

Jakarta Globe - October 28, 2023

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.

October 26, 2023

Jakarta Globe - October 26, 2023

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

October 25, 2023

Jakarta Post - October 25, 2023

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

October 18, 2023

Jakarta Post - October 18, 2023

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

October 11, 2023

Jakarta Post - October 11, 2023

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

October 6, 2023

Jakarta Globe - October 6, 2023

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

October 2, 2023

Reuters - October 2, 2023

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

Vietnam Plus - October 2, 2023

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

September 15, 2023

Jakarta Post - September 15, 2023

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

September 14, 2023

Jakarta Globe - September 14, 2023

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

Jakarta Globe - September 14, 2023

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)

August 26, 2023

Tempo - August 26, 2023

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

August 24, 2023

Jakarta Globe - August 24, 2023

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

August 9, 2023

Jakarta Globe - August 9, 2023

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

August 4, 2023

Jakarta Globe - August 4, 2023

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

August 3, 2023

Jakarta Globe - August 3, 2023

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

July 26, 2023

The Korea Herald - July 26, 2023

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

Jakarta Post - July 26, 2023

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

Jakarta Globe - July 26, 2023

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

July 21, 2023

Jakarta Globe - July 21, 2023

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-

July 4, 2023

Jakarta Globe - July 4, 2023

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

June 20, 2023

Jakarta Globe - June 20, 2023

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.

May 10, 2023

Jakarta Globe - May 10, 2023

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

May 1, 2023

Tempo - May 1, 2023

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