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

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.

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

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

Hanif Musyaffa, Karawang – A new battery manufacturing plant, whose construction officially began on Sunday, will have the capacity to supply batteries for up to 300,000 electric vehicl

Jakarta – Pertamina International Shipping (PIS), the shipping subsidiary of Indonesia's state-owned energy giant Pertamina, reported a net profit of $558.6 million in 2024, marking a 6

Jakarta – Saving Garuda Indonesia through funding from Daya Anagata Nusantara Investment Management Agency, or Danantara, to the tune of Rp20 trillion carries with it major risks for th

Widy Wicaksono, Kendal, Central Java – Indonesia has officially opened its largest integrated solar cell and module factory to support its push for renewable energy.

Bambang Ismoyo, Jakarta – State-owned electricity company PLN reported Rp545.4 trillion ($33.33 billion) in revenue for 2024, marking an 11.9 percent increase from the previous year.

Jakarta – Indonesian state energy company Pertamina reported a net profit of $3.13 billion (Rp 49.54 trillion) for the year 2024, supported by strong operational performance across its

Han Revanda, Jakarta – Industry Minister Agus Gumiwang Kartasasmita denied that Indonesia has entered the deindustrialization phase.

Bambang Ismoyo, Jakarta – President Prabowo Subianto wants government-owned banks to have smaller board of commissioners, according to State-Owned Enterprises Minister Erick Thohir.

Ilona Estherina, Jakarta – The CEO of Indonesia's Daya Anagata Nusantara, or Danantara, Rosan Roeslani, said the agency now manages 844 state-owned enterprises (SOEs).

Hendrik Yaputra, Jakarta – President Prabowo Subianto revealed that he criticized directors of State-Owned Enterprises (SOEs) during the Danantara Town Hall Meeting at the Jakarta Conve

Indah Ayu Pujiastuti, Jakarta – Chinese motorcycle manufacturer QJ Motor announced on Wednesday that it will invest $10 million in an assembly plant in West Java, marking a significant

Hendrik Yaputra, Jakarta – President Prabowo Subianto has instructed state-owned banks to streamline their Board of Commissioners by reducing the number of members and ensuring that onl

Ricki Putra Harahap, Jakarta – The Indonesian government is preparing to establish a new state-owned holding company focused on agriculture and fisheries by merging three existing state

Wahyu Sahala Tua, Jakarta – Musician Riefian Fajarsyah, the newly appointed CEO of state-run film company Produksi Film Negara (PFN), said on Saturday that his task won't be a walk in t

Jakarta – The upcoming Lebaran or Eid al-Fitr celebrations will be less than festive for Mr Sriyono, 52, who like many Indonesians goes by one name.

Celvin Moniaga Sipahutar, Jakarta – The government has announced a series of new policies aimed at protecting and revitalizing labor-intensive industries, including textiles, footwear,

Deni Ghifari, Jakarta – Two coconut processing companies based in Riau have laid off a total of 3,500 workers as they struggle to maintain production in the face of a shortage of the fr

Aditya Hadi, Jakarta – New Chinese carmakers have expanded into Indonesia over the past three years.

Wawan Kurniawan, Tangerang – Two major footwear factories in Tangerang, Banten, which supply global sportswear brands like Nike and Adidas, have been forced to lay off thousands of work

Arie Firdaus, Jakarta – What began as a small fabric shop in Central Java nearly 60 years ago grew into one of Southeast Asia's biggest textile manufacturers, outfitting military forces

Muhammad Firman, Jakarta – The year 2025 has brought significant challenges to Indonesia's industrial sector, with several major companies shutting down operations and carrying out mass

Jayanty Nada Shofa, Jakarta – Malaysian plastic giant Thong Guan Industries recently inked a land purchase order to set up a production plant in Central Java's Batang integrated industr

Aditya Hadi, Jakarta – Manufacturing activity in Indonesia surged last month to its highest level in nearly a year, driven by an increase in new orders and jobs ahead of Ramadan, but an

Rizka Ardina Nugraheni, Wijayanti Putri, Solo – Indonesia's textile giant Sri Rejeki Isman (Sritex) will cease all factory operations in Central Java on Saturday, following a bankruptcy

Arnoldus Kristianus, Jakarta – Indonesia must protect its textile industry from an influx of Chinese exports while continuing to attract investment and create jobs, National Economic Co

Ester Veny Novelia Situmorang, Jakarta – In February 2025, PT Sanken Indonesia announced via the Online Single Submission (OSS) system that it will be shutting down.