APSN Banner

Industry & State-Owned Enterprises

Displaying 1 - 50 of 337 Documents

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

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

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

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

March 16, 2023

Jakarta Globe - March 16, 2023

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

March 1, 2023

Tempo - March 1, 2023

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

February 28, 2023

Jakarta Globe - February 28, 2023

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

February 27, 2023

Jakarta Post - February 27, 2023

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

February 17, 2023

Tempo - February 17, 2023

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

February 10, 2023

Tempo - February 10, 2023
Moh Khory Alfarizi, Jakarta – President Joko "Jokowi" Widodo on Friday inaugurated the NPK fertilizer factory operated by Pupuk Iskandar Muda (PIM) located at the North Aceh Regency that i

February 8, 2023

Jakarta Globe - February 8, 2023

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

January 25, 2023

Jakarta Globe - January 25, 2023

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

January 17, 2023

Tempo - January 17, 2023

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

January 14, 2023

Jakarta Globe - January 14, 2023

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.

December 7, 2022

Reuters - December 7, 2022

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

October 4, 2022

Jakarta Post - October 4, 2022

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

September 28, 2022

Jakarta Globe - September 28, 2022

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

September 5, 2022

Tempo - September 5, 2022

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

August 26, 2022

Tempo - August 26, 2022

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

June 8, 2022

Tempo - June 8, 2022

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

May 4, 2022

Jakarta Globe - May 4, 2022

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

February 25, 2022

February 15, 2022

Jakarta Globe - February 15, 2022

Karawang, West Java.

February 8, 2022

Tempo - February 8, 2022

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.

February 2, 2022

Jakarta Globe - February 2, 2022

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

January 3, 2022

Jakarta Globe - January 3, 2022

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

December 30, 2021

Jakarta Globe - December 30, 2021

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.

December 28, 2021

Bloomberg News - December 28, 2021

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

December 21, 2021

Jakarta Globe - December 21, 2021

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.

November 24, 2021

Australian Financial Review - November 24, 2021

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

November 1, 2021

Jakarta Globe - November 1, 2021

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

September 15, 2021

September 1, 2021

Jakarta Globe - September 1, 2021

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

August 1, 2021

Jakarta Globe - August 1, 2021

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

July 14, 2021

Jakarta Globe - July 14, 2021

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

June 24, 2021

Tempo - June 24, 2021

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

June 16, 2021

Nikkei Asia - June 16, 2021

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

April 1, 2021

Jakarta Globe - April 1, 2021

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