Nivell Rayda, Jakarta – When Mr Prabowo Subianto arrived for his inauguration at the Indonesian parliament complex in Jakarta on Oct 20, he was seen using a white Toyota Alphard multi-p
Industry & State-Owned Enterprises
Displaying 1 - 50 of 429 Documents
November 22, 2024
Antara, Jakarta – Industry Minister Agus Gumiwang Kartasasmita has called on Indonesia's automotive industry to refrain from laying off workers despite mounting challenges in the market
November 19, 2024
Han Revanda Putra, Jakarta – Director General of Chemical, Pharmaceutical, and Textile Industries of the Ministry of Industry (Kemenperin) Reni Yanita disclosed why Indonesia keeps impo
November 13, 2024
Monique Handa Shafira, Jakarta – Textile giant Sri Rejeki Isman (Sritex) has temporarily furloughed 2,500 employees due to a raw material shortage, but they remain on the payroll despit
November 11, 2024
Alexander M. Hynd and Max Broad – On October 20, Prabowo Subianto was sworn in as the eighth President of Indonesia.
November 4, 2024
Jakarta – Two high-ranking members of President Prabowo Subianto's Great Indonesia Movement Party (Gerindra) have been appointed to lead the state-owned oil company Pertamina following
Basudiwa Supraja, Alfida Rizky Febriana, Jakarta – Trade Minister Budi Santoso has denied that the recent ministerial regulation on import relaxations had caused the downfall of Indones
Herman, Jakarta – State-Owned Enterprise (SOE) Minister Erick Thohir revealed on Monday that seven out of 47 state-run companies remain unprofitable.
November 2, 2024
Sella Rizky Deviani, Jakarta – State-owned pharmaceutical company Biofarma has secured a contract valued at Rp 1.4 trillion ($88 million) to supply vaccines to international organizatio
October 31, 2024
Alfida Rizky Febrianna, Jakarta – The government has given the green light for textile giant Sri Rejeki Isman, better known as Sritex.
October 30, 2024
Harry Suhartono and Faris Mokhtar – Days after taking charge of Southeast Asia's biggest economy, Indonesia's president needs a plan to deal with rising borrowing costs for key state-ow
October 28, 2024
Jakarta, Indonesia – A major labor group in Indonesia has called on the government to bail out troubled textile giant Sritex, after President Prabowo Subianto ordered his ministers to s
October 22, 2024
Arnoldus Kristianus, Jakarta – The newly established government under President Prabowo Subianto should focus on bolstering the national manufacturing sector in their 100 days in office
October 8, 2024
Jayanty Nada Shofa, Jakarta – Indonesia's outgoing leader Joko "Jokowi" Widodo said Tuesday that Indonesia's resource nationalism will extend outside of the mining sector as the country
October 1, 2024
Jayanty Nada Shofa, Jakarta – Indonesian textile manufacturers are still struggling against floods of imported goods, according to the Industry Ministry.
September 26, 2024
Antara, Bandung – Chinese electric vehicle (EV) manufacturer AION is set to begin local assembly of its models in Indonesia starting in early 2025.
September 24, 2024
Vedro Imanuel G, Jakarta – An economist from Paramadina University, Didin S.
September 13, 2024
Indah Ayu Pujiastuti, Jakarta – Local petrochemical businesses are urging the government to reimpose the 2023 Trade Ministry Regulation 36 on Import to save the domestic industry – be i
Wawan Kurniawan, Jakarta – Aditec Cakrawiyasa, the manufacturer of Quantum brand gas stoves and regulator hoses, has been officially declared bankrupt.
Indah Ayu Pujiastuti, Jakarta – According to Ahmad Heri Firdaus, a trade researcher at think-tank Indef, the government needs to be more selective when imposing import duty policies for
September 12, 2024
Alfida Rizky Febrianna, Jakarta – Investment Minister Rosan Roeslani recently revealed that the production date of the petrochemical project belonging to South Korean giant Lotte Chemic
September 10, 2024
Alfi Dinilhaq, Jakarta – Indonesia's automotive industry is showing signs of recovery.
September 4, 2024
Vinnilya, Jakarta – The S&P Global Purchasing Managers' Index (PMI) for manufacturing in Indonesia dropped to 48.9 in August 2024, down from 49.3 in July, indicating the second cons
August 13, 2024
Arnoldus Kristianus, Jakarta – The Head of the National Development Planning Agency (Bappenas), Suharso Monoarfa, said on Tuesday that the Indonesian government is prioritizing industri
August 12, 2024
Jayanty Nada Shofa, Jakarta – Indonesia losing its 34-month streak of an expanding manufacturing purchasing managers index (PMI) has worried President Joko "Jokowi" Widodo.
August 8, 2024
Arnoldus Kristianus, Jakarta – The Indonesian government has extended safeguard tariffs on imports of textiles, carpets, and other fabric coverings for another three years in a bid to p
August 5, 2024
Ruth Dea Juwita, Jakarta – Indonesian manufacturers have turned pessimistic about growth prospects on the back of weakening demand, supply chain snarls and rising costs, prompting finge
July 24, 2024
Yerica Lai, Jakarta – State-Owned Enterprises (SOEs) Minister Erick Thohir has tapped Democratic Party politician Andi Arief, a close aide of former president Susilo Bambang Yudhoyono,
July 19, 2024
Jakarta – The collapse in the domestic textile industry resulting in a wave of layoffs is the result of disarray in government regulations.
July 16, 2024
Wahyu Sahala Tua, Subang – Vietnamese automaker VinFast has officially commenced construction of its first factory in Indonesia, located in Subang, West Java.
July 11, 2024
Bella Evanglista, Jakarta – Redma Gita Wirawasta, Chairman of the Indonesian Filament Yarn and Fiber Producers Association (Apsyfi), said that despite strong consumer demand for textile
Jakarta – The national petrochemical industry is also in need of protection from the rush of imported plastic raw materials just like the textile industry after the 2024 Trade Ministry
July 3, 2024
Jayanty Nada Shofa, Jakarta – A giant glass factory run by South Korea's KCC Glass is set to begin production in the Central Java town of Batang in August, according to Investment Minis
Jakarta – Indonesia launched its first electric vehicle battery plant on Wednesday, President Joko Widodo said, as Southeast Asian countries move to gain a foothold in the emerging indu
Jakarta – Chemical engineering expert Panut Mulyono is calling for some government measures that can protect the Indonesian petrochemical industry from an influx of imported goods.
June 29, 2024
Ikhsan Reliubun, Jakarta – Indonesia's textile industry is struggling, according to the chairman of the Indonesian Fiber and Filament Yarn Producers Association (APsyFI), Redma Gita Wir
June 26, 2024
Ghoida Rahmah, Jakarta – Indonesia's Ministry of State-Owned Enterprises has decided to reform the board structure of state-owned pharmaceutical company PT Kimia Farma (Persero) Tbk (ID
June 21, 2024
Laila Afifa, Jakarta – A number of Prabowo Subianto supporters have been appointed as SOE commissioners. This risks compromising their oversight function.
June 14, 2024
Leonard AL Cahyoputra, Jakarta – Since the start of 2024, around 13,800 workers in the textile industry have been laid off.
June 13, 2024
Bagus Pribadi, Jakarta – Member of Commission VI of the House of Representatives or DPR Khilmi criticized Pertamina regarding the number of its subholdings.
Leonard AL Cahyoputra, Jakarta – The relaxation of import regulations has led to the closure of several textile companies and significant layoffs in Indonesia.
June 11, 2024
Whisnu Bagus Prasetyo, Jakarta – The Ministry of State-Owned Enterprises (SOE) has initiated a trial of a 4-day work per week system.
June 10, 2024
Djibril Muhammad, Jakarta – Renowned politician Grace Natalie was appointed as the new commissioner of MIND ID, a consortium of state-run mining companies, during the annual shareholder
June 7, 2024
Jakarta – Like a rat dying in a rice barn. This saying is a very good illustration of the condition of Indofarma these days.
June 6, 2024
Ikhsan Reliubun, Jakarta – Indonesian President Joko Widodo or Jokowi's nephew, Bagaskara Ikhlasulla Arif, was appointed as Manager of Non-Government Relations at state-owned oil and ga
May 31, 2024
Monique Handa Shafira, Jakarta – Chief Economic Affairs Minister Airlangga Hartarto denied Thursday that Indonesia would completely remove its local content rule in manufacturing, sayin
May 28, 2024
Martha Warta Silaban, Jakarta – Deputy Governor of Bank Indonesia (BI) Doni P.
May 18, 2024
Muawwan Daelami, Jakarta – SEG Solar, a photovoltaic (PV) panel component manufacturer from the United States, is investing over US$500 million (Rp 8 trillion) to build a factory in Bat
May 17, 2024
Alfida Rizky Febrianna, Jakarta – Delta Djakarta (DLTA), the producer of Anker beer, has seen a decline in performance throughout 2023.
May 16, 2024
Anisa Fauziah, Jakarta – President Joko "Jokowi" Widodo's call to reduce imports in government procurement has effectively increased the use of domestic products.