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

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 manufacturing plan

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).

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