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Search result with “Chinese Investment In Indonesia” as a keyword founded 211 news.

Astra Embraces Competition with China's BYD

... in Indonesia's automotive market has intensified with the entry of Chinese ... increasing competition signify positive growth in Indonesia's automotive market, fostering further ... (UT). On March 19, Chief Investment Minister Luhut Binsar Pandjaitan announced ...
Business Mar 25, 2024 | 4:03 pm

Biden Talks About IPEF in Congratulatory Call to Prabowo

... cooperation with Indonesia under the US-Indonesia Comprehensive Strategic ... negotiations in 2024. Jokowi said at the time that Indonesia ... partnership is mutually beneficial. Chinese President Xi Jinping has ... ’s strong trade-investment ties with Beijing.
News Mar 23, 2024 | 1:36 pm

US Looks Forward to Working Closely With Prabowo: Blinken

... “grounded in democracy and pluralism”. He also mentioned Indonesia’s recently ... Under the Jokowi administration, US-Indonesia agreed on a comprehensive strategic ... on trade and investment. As a case in point, Jokowi tried ... to rely less on Chinese imports.
News Mar 21, 2024 | 11:28 am

China to Invest $4 Billion for PV Glass Project in N. Kalimantan

... (PV) glass project in North Kalimantan. Chief Investment Affairs Minister Luhut Binsar ... would make a huge investment in a petrochemical plant in the province, while ... investment (FDI). Government statistics show that Indonesia registered $7.4 billion of Chinese ...
Business Mar 20, 2024 | 10:00 am

BYD to Start Producing EVs in Indonesia in 2026, Luhut Says

... . Chinese automaker BYD will start commercially producing electric vehicles (EVs) in Indonesia in 2026 ... some good news related to Chinese investment, particularly on the long- ... source of foreign direct investment (FDI). Indonesia registered $7.4 billion ...
Business Mar 19, 2024 | 7:54 pm

Hyundai-LG Karawang Plant to Produce EV Batteries in April

... Investment Minister Bahlil Lahadalia. The plant belongs to the Hyundai LG Indonesia ... takes up $1.1 billion in investment, encompasses the production of 10 ... Antam’s partnership with the Chinese battery giant CATL. Late last ...
Business Mar 18, 2024 | 5:40 pm

Antam Secures Rights to Two Nickel Mining Blocks in Halmahera

... establish an electric vehicle ecosystem in Indonesia, with a primary focus on ... required for battery production. In 2022, Chinese battery manufacturer CATL announced it ... project. The joint investment totaled nearly $6 billion. In late December 2023 ...
Business Feb 23, 2024 | 11:35 am

Association Denies Claims China Benefits Most From Nickel Domestic Processing

... processing of nickel. Chinese investment dominating Indonesia’s nickel sector has ... concerns that the investment had brought in an influx of ... director Djoko Widajatno said in Jakarta on Wednesday. “ ... domestic processing has resulted in profits worth trillions of ...
Business Feb 22, 2024 | 5:01 pm

China to Build Petrochemical Plant in North Kalimantan: Luhut

... the Chinese institution that would be making the investment. ... Group were awaiting the Chinese government’s approval ... Indonesia attracted Rp 375.4 trillion ($24 billion) of investment in ... throughout 2023. The investment in the petrochemical industry totaled ...
Business Feb 22, 2024 | 2:12 pm

Chery to Export Indonesia-Made Cars to Philippines, Vietnam

Jakarta. Chinese state-owned automobile manufacturer Chery ... left-hand drive cars here [in Indonesia]. The [local content] will give ... possibility of Cherry increasing its investment in Indonesia following huge demand. He, however ...
Business Feb 16, 2024 | 4:37 pm

Rise of IMIP: The Metamorphosis of Morowali's Forests into an Industrial Hub

... . Shareholders include Shanghai Decent Investment Group, SMI, and Bintang ... Susilo Bambang Yudhoyono and Chinese President Xi Jinping. A ... 1.8%) found abundantly in Indonesia. GCNS also has a ... is a joint venture between Chinese, Indonesian, and Japanese companies ...
Business Jan 31, 2024 | 3:51 pm

Astra International Surges 4% Despite Toyota's Testing Scandal

... engines affected by the irregularities. In Indonesia, one of the impacted models ... ASII," said Investment Analyst Stockbit, Michael Owen Kohana in his analysis on ... the entry of Chinese car manufacturer BYD into Indonesia, posing a potential ...
Business Jan 30, 2024 | 4:05 pm

IDX Remains Sideways After Hitting All-Time High as Investors Eye US Interest Rates

... composite index of the Indonesia Stock Exchange (IDX) ... high and attractive for investment in dollar-denominated instruments," ... Expectations of a slowdown in inflation have sparked speculation ... upward in February. Investors are anticipating the Chinese New ...
Business Jan 22, 2024 | 12:46 pm

Chinese EV Manufacturer BYD Announces $1.3 Billion Investment in Indonesia

... build a manufacturing plant in Indonesia with a capacity of ... "A $1.3 billion investment with a capacity of 150 ... Hartarto said in a video message announcing the investment on Thursday ... to officially launch BYD Passenger in Indonesia," said Liu Xueliang, General ...
Business Jan 18, 2024 | 1:55 pm

Some Indonesian Listed Companies Still Struggle Post-Covid

... their balance sheets to invest in capital investment projects, and smelters, but ... cheaper steel. The basic costs in Indonesia are going up. It is ... Indonesia imported approximately $2.3 billion worth of Chinese iron and steel in ...
Business Jan 18, 2024 | 1:52 pm

What Happens to Indonesia-US Economic Ties if Trump Wins

... the White House. The substantial Chinese investment in Indonesia, particularly in the minerals sector, will ... trade totaled $39.8 billion in 2022. Indonesia recorded a $16.6 ... surplus for Indonesia. China is Indonesia’s second-largest foreign investor in January ...
Business Jan 10, 2024 | 6:45 pm

BYD Set to Enter Indonesian Electric Vehicle Market

Jakarta. Chinese electric vehicle giant ... passenger vehicle market in Indonesia, simultaneously solidifying Indonesia's place ... year, BYD expressed interest in investing in Indonesia. President Joko "Jokowi ... in Chengdu, China in July, aiming to lure investment ...
Business Jan 10, 2024 | 3:37 pm

Prabowo, Ganjar, Anies on US-China Ties

... that Indonesia was heavily reliant on China -- amidst mammoth-sized Chinese investments in ... the top foreign investor in Indonesia as Singapore is in the lead. Anies ... foreign direct investment (FDI) in January- September 2023. China became Indonesia’s second ...
News Jan 7, 2024 | 7:11 pm

2023 Recap: Jokowi and Indonesia on Global Stage

... ' Widodo meets his Chinese counterpart Xi Jinping in Beijing on Oct. 17 ... on trade with his Chinese counterpart Xi Jinping in July. The Indonesian ... five of Indonesia’s largest sources of foreign direct investment (FDI) in January ...
News Jan 4, 2024 | 10:16 am

How Indonesia's Ambitious Nusantara Project Play Out in 2023

... center (Indonesian football association PSSI in partnership with FIFA) Groundbreaking Phase ... for a substantial investment of $33 billion. Indonesia only intends to use ... , refused to reveal the investment value from the Chinese investor. “[Citic Construction ...
News Jan 2, 2024 | 4:16 pm