Articles

Jakarta: The Ministry of Industry (Kemenperin) is ready to implement the accelerated development of electric-based vehicles. The production activities of Environmentally-Friendly Vehicles are starting to be encouraged to be increased. Director General of Metal, Machinery, Transportation Equipment and Electronics (ILMATE) Ministry of Industry, Taufiek Bawazier, said that his party continues to push forward the application […]

In February, Indonesian President Joko Widodo’s government submitted a draft bill to the country’s parliament. The draft is widely known as the “Omnibus Law” and aims to transform Indonesia’s economy. The bill has strong implications for multinationals operating or considering investing in Southeast Asia’s largest economy. The omnibus law is a comprehensive bill that seeks […]

Jakarta. Indonesia is aware of the growing demand for nickel in batteries for electric vehicles and will focus on processed products of the metal instead of exporting ores, President Joko Widodo said on Friday. The government has banned nickel ore export since January and more than 80 percent of output has been absorbed by domestic markets […]

The Ministry of Industry released Indonesia’s automotive export data, 87,879 units for four-wheeled CBU and motorcycles 215,347 units for the period of January to 15 April 2020. This signifies the export of the automotive industry is still good, amid the COVID-19 pandemic in Indonesia, as well as around the world. “Moreover, the export of automobile […]

SEOUL (Reuters) – South Korea’s Hyundai Motor (005380.KS) said on Tuesday it has signed a preliminary deal to build a new factory in Indonesia, which would be its first car plant in Southeast Asia and a crack at Japanese rivals that dominate the market. The deal comes as Hyundai and affiliate Kia Motors (000270.KS) struggle […]