Jayanty Nada Shofa, Jakarta – Sovereign wealth fund Danantara is forging ahead with its plan to greatly slash the number of Indonesia's state firms, with the agency's senior official ad

Alfitria Nefi P, Jakarta – Indonesia's textile sector faces a critical challenge following the bankruptcy of PT Sri Rejeki Isman Textile (Sritex), Southeast Asia's largest textile manuf

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M. Faiz Zaki, Jakarta – Deputy Minister of Industry Faisol Riza revealed a significant discrepancy between Indonesia's steel consumption and production.

Adil Al Hasan, Jakarta – Indonesia's flag carrier PT Garuda Indonesia Tbk (GIAA) announced that the planned capital injection from the state-owned Investment Management Agency of Daya A

Zhulfakar, Jakarta – Local apparel manufacturers are suffering from a surge of secondhand clothing and cheap new fashion imports from China, Micro, Small and Medium Enterprises (MSME) M

Jayanty Nada Shofa, Jakarta – A senior minister recently reconfirmed South Korean auto giant Hyundai's interest in backing Indonesia's national car plan, saying that the company was kee

Antara, Jakarta – The Indonesian government expects the downstream development of electric vehicle (EV) batteries, particularly those using nickel, to be realized within the next two ye

Adil Al Hasan, Jakarta – PT Kimia Farma Tbk posted a current-year loss of Rp234.1 billion from January to September 2025.

Adil Al Hasan, Jakarta – PT Sepatu Bata Tbk (BATA) recorded a current year loss of Rp52.1 billion throughout January-September 2025.

Ilona Estherina, Jakarta – Standard & Poor's Global Ratings (S&P), a global credit rating agency, reported that the Purchasing Manager's Index (PMI) for Indonesian manufacturing

Addin Anugrah Siwi, Jakarta – The Institute for Development of Economics and Finance (Indef) has warned that the surge of illegally imported second-hand clothing is inflicting serious d

Thresa Sandra Desfika, Jakarta – Cigarette manufacturer Gudang Garam recorded a net profit of Rp 1.1 trillion ($66.2 million) in the January-September 2025 period, marking an 11.8 perce

Jakarta – South Korea's Hyundai Motor is interested in participating in Indonesia's plan to develop its own national car, the government said on Friday.

Septia Ryanthie, Jakarta – Several players in the national garment and textile industry have formed the Indonesian Garment and Textile Association (AGTI), which was officially launched

Jakarta – One of the culminations of Prabowo Subianto's omon-omon, or empty words, is in the textile industry.

Nandito Putra, Jakarta – The Ministry of Industry confirms that Indonesia's position is becoming stronger in the global textile and textile product (TPT) industry.

Alfitria Nefi P, Jakarta – Indonesian Minister of Industry Agus Gumiwang Kartasasmita stated that 90 percent of the chlor-alkali plant (CAP) industry's salt needs in the country still r

Alif Ilham Fajriadi, Jakarta – Indonesia's Minister of Micro, Small, and Medium Enterprises (MSMEs) Maman Abdurrahman addresses the surge of imports entering Indonesia and disrupting th

Alif Ilham Fajriadi, Jakarta – Indonesian Minister of Industry Agus Gumiwang Kartasasmita stated that the manufacturing industry grew by 4.94 percent from the fourth quarter of 2024 to

Jayanty Nada Shofa, Jakarta – President Prabowo Subianto has allowed foreigners to take leadership roles at Indonesia's state-run enterprises, especially if they are up to the job.

Hendrik Yaputra – Indonesian President Prabowo Subianto has asked the Sovereign Wealth Fund of Nusantara Investment Authority (BPI Danantara) to downsize the state-owned enterprises (SO

Alfitria Nefi P, Jakarta – The Minister of Micro, Small, and Medium Enterprises (MSMEs), Maman Abdurrahman, has sparked controversy by proposing that local entrepreneurs should produce

Deasy Pane – The timing could not be more critical.

Erta Darwati, Jakarta – Indonesia's sovereign investment arm, Danantara, will channel $1.84?billion (Rp?30.5?trillion) into national carrier Garuda Indonesia (GIAA) through a combinatio

Jakarta – When President Prabowo Subianto and the House of Representatives rushed the revision of the existing State-Owned Enterprises (SOE) Law to provide a legal basis for the establi

Hendrik Yaputra, Jakarta – Indonesian President Prabowo Subianto expressed frustration over the management of state-owned enterprises (BUMN), criticizing directors and commissioners who

Adil Al Hasan, Jakarta – The drafting and synchronization team for the fourth revision of the State-Owned Enterprises (SOE/BUMN) Law has formally established a prohibition on ministers

Ilham Oktafian, Jakarta – The government and parliament have agreed to dissolve the State-Owned Enterprises (SOEs) Ministry, a landmark restructuring that shifts control of state assets

Ilham Oktafian, Muhammad Farhan, Jakarta – The Indonesian government and parliament agreed Thursday to dissolve the Ministry of State-Owned Enterprises (SOEs), marking a major restructu

Hanif Musyaffa, Alfida Rizky Febrianna, Jakarta – Erick Thohir has been officially sworn in as youth and sports minister (Menpora), replacing Dito Ariotedjo, marking his departure from

Adil Al Hasan, Jakarta – The Central Jakarta Commercial Court has officially declared bankruptcy against PT Sejahtera Bintang Abadi Textile Tbk (SBAT), Indonesian textile company based

Alfitria Nefi P, Jakarta – The Indonesian Ministry of Industry reports that many factories are ceasing production due to the contraction of the manufacturing variable of the Industrial

Ruth Dea Juwita, Jakarta – The government plans to cut local content requirement scores for goods made through contract manufacturers, a move business groups say will dent investment an

Harso Kurniawan, Jakarta – The Indonesian government will end tax incentives for imported battery electric vehicles (BEVs) in completely built-up (CBU) form by the end of 2025.

Bambang Ismoyo, Lausanne – Sovereign fund Danantara recently sent some directors of its state-owned enterprises or SOEs to a leadership program in Switzerland.

Alfitria Nefi P, Jakarta – The Corps of Alumni of the Association of Indonesian Muslim Students (KAHMI), Textile Rayon, suspects that rising import quotas for yarn and fabric are causin

Antara, Jakarta – Indonesia's automotive industry group has called on the government to step up support for the sector as Malaysia's new car sales continue to close in on Indonesia's lo

Bambang Ismoyo, Jakarta – President Prabowo Subianto has called for sweeping reforms in Indonesia's state-owned enterprises (SOEs), slamming bloated boards of commissioners and lavish a

Hendrik Yaputra, Jakarta – The practice of returning political favors is becoming more apparent through the appointment of dozens of deputy ministers as commissioners of state-owned ent

Ni Made Tasyarani, Jakarta – Indonesian manufacturers are increasingly cautious in their outlook as business confidence has fallen to a record low amid concerns over United States impor

Jayanty Nada Shofa, Jakarta – Indonesia has been importing more vehicles and auto parts during the first half of this year, government data shows.

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