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).

Jakarta – State-run oil company Pertamina recently attributed its significant growth to State-Owned Enterprise Minister Erick Thohir.

Heru Andriyanto, Jakarta – Japanese automotive giant Toyota set a new record high in export sales from its Indonesian plants last year by delivering close to 297,000 cars to more than 8

Antara, Jakarta – Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan shared optimism that Indonesia will become one of the top three producers of electric

Jakarta – Holding company Astra Group controlled 55 percent of Indonesia's overall car wholesales in 2022 which topped 1 million and returned to the pre-Covid-19 pandemic levels.

Jakarta – Indonesia aims to launch initial public offerings for the upstream and geothermal units of state firm energy Pertamina next year to fund expansion, a senior government officia

Anastasia Febiola S., Jakarta – In 2017, the government announced a plan to relocate three state-owned defense companies, namely PT Pindad, PT PAL and PT Dirgantara Indonesia (PT DI), t

HERMAN, Jakarta – Japanese auto giant Toyota Motor Corporation (TMC) will open hybrid vehicle plants in Indonesia to supply the domestic market and is not in rush to go full-electric in

Bisnis.Com, Jakarta – A number of textile entrepreneurs expressed deep worries about the government's decision to increase the subsidized fuel price, Pertalite and Solar, by more than 3

Dicky Kurniawan, Jakarta – Two major car manufacturers in Indonesia, Toyota and Honda, responded on the statement issued by the Phasing out Leaded Fuel Committee (KPBB), which stated th

Eka Yudha Saputra, Jakarta – President Joko Widodo, or Jokowi on Wednesday officially inaugurated the second development phase of the Batang Integrated Industrial Estate (KITB) for elec

Jakarta – Indonesia's manufacturing sector expansion has accelerated in April thanks to improving economic activities that spur employment and purchasing activity, according to the late

Leonard A.L.

Karawang, West Java.

M. Faiz Zaki, Jakarta – The Indonesian Ministry of Industry recorded a growth of 3.67 percent in the non-oil and gas processing industry throughout 2021.

Jakarta – Indonesia's manufacturing sector expanded at a solid rate at the start of 2022, as demand was strong, with foreign sales increasing and putting more than a single ripple in th

Jakarta – Indonesia manufacturing companies have ended 2021 in an expansion mode, albeit at a slower pace due to further slow down in demand, according to the latest monthly report from

Jakarta – State-owned steelmaker Krakatau Steel recently announced that it has repaid the tranche B debt of Rp 2.7 trillion to three state banks, namely Mandiri, BRI, and BNI.

Fathiya Dahrul and Rieka Rahadiana – Indonesia is overhauling state companies and replacing the management teams with professionals and many of the president's allies amid concern the a

Jayanty Nada Shofa, Jakarta – Indonesia has kicked off the construction of what will be the world's largest green industrial park in Bulungan, North Kalimantan.

Emma Connors, Singapore/Jakarta – Indonesia's home-grown, super-app giant Gojek has pledged to lead the country's transition to electric vehicles, a key element in the nation's plan to

Jakarta – Indonesian manufacturing sector has expanded at a record pace in October from a month earlier following the government decision to ease the Covid-19 restrictions, according to

Grace N.

Jakarta – Indonesia's manufacturing sector has contracted for the second consecutive month in August, albeit at a slower rate, as disruptions brought by the Covid-19 pandemic continue t

Herman, Heru Andriyanto, Jakarta – Japanese auto giant Mitsubishi Motors Corporation (MMC) has recently announced that Indonesia became its largest market by country in the first quarte

Heru Andriyanto, Herman, Jakarta – The Indonesian government seeks to become electric vehicle production hub in the region, aiming for an output of 600,000 electric cars and 2.5 million

Antara, Jakarta – Investment Minister or the Investment Coordinating Board (BKPM) chief Bahlil Lahadalia announced that Indonesia's factory of electric vehicles or EV battery will start

Erwida Maulia, Jakarta – Jobs for a rock guitarist and a prominent cleric as commissioners at Indonesia's state-owned enterprises are among a clutch of appointments raising questions ov

Jakarta – Indonesia's key manufacturing sector indicator has climbed to a decade high last month as producers ramp up outputs following a rise in new orders while pausing downsizing the

Jakarta – The Ministry of State-Owned Enterprises has inaugurated Indonesia Battery Corporation or IBC, an electric battery holding company, paving the way for up to $22 billion partner

Heru Andriyanto, Jakarta – South Korean carmaker Hyundai Motor Company could produce up to 150,000 cars a year in Indonesia when its new factory operates at full capacity, an executive

Jakarta – Astra International, Indonesia's largest car distributor, has seen its car production picks up pace this year in line with rising demand, giving the company hope for a recover

Muawwan Daelami, Jakarta – Waskita Toll Road, or WTR, a subsidiary of state-controlled construction company Waskita Karya, has announced a plan to divest all of its 30 percent interest

Adrian Wail Akhlas, Jakarta – The government needs to ramp up research and development (R&D) and develop human resources in the manufacturing industry, the business sector contribut

Arya Dipa, Bandung – Carmaker Hyundai Motor Asia-Pacific is planning to start manufacturing electric cars in West Java by 2022, as Indonesia plans to produce batteries for electric vehi

Mardika Parama, Jakarta – Industry Minister Agus Gumiwang Kartasasmita has urged manufacturers that have obtained operational and mobility permits (IOMKI) to consistently provide the go

Adrian Wail Akhlas, Jakarta – Manufacturing activity declined further in October as manufacturers cut back on production and reduced workforce amid weak demand, showing further signs of

Moch.

Antara, Jakarta – President Joko Widodo or Jokowi asked his cabinet ministers to accelerate the development of the coal derivative industry in order to increase the added value of coal

Adrian Wail Akhlas, Jakarta – Factory activity in Indonesia showed signs of improvement in the third quarter after recording the deepest slump ever in the previous quarter, as the reope

Rangga Prakoso, Jakarta – Indonesia Asahan Aluminium, the state-owned mining holding company, has unveiled a $12 billion plan to create an integrated electric vehicle battery industry c

Jakarta – The COVID-19 pandemic has had a major impact on the Indonesian economy.

Alya Nurbaiti, Jakarta – Garment company PT Sejin Fashion Indonesia, a subsidiary of South Korean footwear manufacturer Parkland Co., Ltd., has made the decision to relocate its product

Mardika Parama, Jakarta – Indonesian carmakers are looking at the export market to boost sales and increase factory utilization rates as the COVID-19 pandemic is projected to continue w

Jakarta – The Bekasi COVID-19 task force has reported that 869 factory workers have tested positive for COVID-19 since the start of the outbreak.