# industry

Latest news group about industry.

Hotel Owners in Nusantara Concerned About Declining Sales Amid Government Budget Cuts

Nearly all hotels in the Sepaku District of North Penajam Paser Regency, East Kalimantan, have reported a drop in bookings in recent weeks.
Business Feb 10, 2025 | 10:41 am

Industrial Zone Association Reports Massive Losses from Extortion by Civic Groups

The Indonesian Industrial Estates Association (HKI) reports trillions of rupiah in losses due to extortion by civic groups.
Business Feb 6, 2025 | 4:09 pm

Trump’s EV Policy Reversal Threatens Indonesia’s Nickel Industry and Green Energy Transition

Trump’s recent decision to reverse US electric vehicle mandates could negatively impact Indonesia’s nickel industry and foreign investment.
Business Jan 28, 2025 | 4:00 pm

‘Not $1 Billion’: Indonesia Says Apple’s Investment Commitment Only $200M

The $200 million figure includes capital expenditures such as land acquisition, construction costs, and equipment procurement.
Business Jan 23, 2025 | 1:14 pm

Indonesia’s Special Economic Zones Attract Rp 90 Trillion Investment in 2024

Since their inception 13 years ago, SEZs have secured Rp 263.4 trillion in domestic and foreign investments and generated 160,874 jobs.
Business Jan 22, 2025 | 11:46 pm

MG Motor's Indonesian Operations Gain Momentum

During the Gaikindo Indonesia International Auto Show last year, MG unveiled the world’s first electric roadster called the Cyberster.
Business Jan 17, 2025 | 7:15 pm

Anindya Bakrie Installed as Kadin Chairman after Brief Dispute

Arsjad initially resisted the leadership change in September last year but stepped down shortly after amid overwhelming support for Anindya.
Business Jan 16, 2025 | 6:06 pm

Kadin Leadership Dispute Ends with Anindya Bakrie’s Inauguration

Anindya Bakrie will be officially inaugurated as Chairman of Kadin Indonesia for the 2024-2029 term on Thursday.
Business Jan 15, 2025 | 2:26 pm

Indonesian Industry Calls for Extension of Gas Subsidy Policy

Indonesian industry leaders urge the government to extend the HGBT natural gas subsidy program, which provides cheaper gas to seven sectors.
Business Jan 9, 2025 | 2:02 pm

Government Encourages Chinese Carmaker Chery to Establish Factory in Indonesia

Chery has been assembling vehicles in Indonesia since 2022, utilizing a facility owned by local company Handal Indonesia Motor.
Business Jan 8, 2025 | 11:48 pm

Sritex Takes Last Legal Avenue after Supreme Court Rejects Appeal against Bankruptcy Ruling

A district court declared Sritex bankrupt on October 21 after a lawsuit was filed by creditor Indo Bharat Rayon over unpaid debts.
Business Dec 20, 2024 | 3:52 pm

Authorities Seize 1.25 Million Kgs of Steel Plates for SNI Violations

Officials estimated the total value of the seized items to be approximately Rp 23.7 billion ($1.5 million).
News Dec 18, 2024 | 6:57 pm

Illegal Cigarettes Have Broader Impacts than Hurting Established Tobacco Companies

The proliferation of illegal cigarettes not only erodes government tax revenues but also makes smoking more accessible to young people.
Business Dec 13, 2024 | 1:53 am

Illegal Cigarettes Cost Indonesia Rp 15 Trillion Annually in Lost Taxes

Tobacco consistently contributes around 90 percent of government excise tax revenues, which also include taxes on liquor.
Business Dec 12, 2024 | 7:07 pm

Gov't Prepares Incentives to Cushion Businesses from Impacts of Minimum Wage Increase

The industrial sector's preparations to face the impact of the 6.5% increase in the Provincial Minimum Wage (UMP)
Business Dec 5, 2024 | 1:28 pm

Lawmakers Consider House Committee on Sritex Bankruptcy Ruling

Sritex CEO Iwan Kurniawan expressed hope that the Supreme Court would accept the appeal and overturn the bankruptcy ruling.
Business Nov 8, 2024 | 2:33 am

Prabowo to Try to Secure Ford, Volkswagen Investments in First Foreign Trip

Prabowo plans to spend most of November overseas, just weeks after assuming office.
Business Nov 4, 2024 | 3:53 pm

Trade Ministry Denies Its Import Relaxation Causes Sritex to Go Bankrupt

The Trade Ministry refuses to take the blame for Indonesian textile giant Sritex' downfall.
Business Nov 4, 2024 | 9:30 am

15 Taiwanese Textile Companies Plan Relocation to Indonesia, Minister Airlangga Says

Minister Airlangga Hartarto announced on Friday that 15 companies from Taiwan plan to relocate their operations to Indonesia
Business Nov 1, 2024 | 9:34 pm

Prabowo Leads Cabinet Meeting to Address Challenges Facing the Textile Industry

President Prabowo Subianto held a cabinet meeting on Tuesday to discuss Indonesia's textile industry, focusing on Sritex's challenges.
Business Oct 29, 2024 | 4:37 pm
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