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China Molybdenum Buys 30% Huayeu Shares in Indonesia

JAKARTA (TheInsiderStories) - China Molybdenum Co. (CMOC) through its financial arm W-Source planned to take an indirect 30 percent stake in an Indonesian project own by...

Indonesian Car Sales Below Target in This Year, says Gaikindo

JAKARTA (TheInsiderStories) - An Indonesian Car Manufacturer Association (Gaikindo) sees this year' national car sales will not be achieved cause low demand, tight competition, and...

Morning Briefing: Indonesia to Announces Deduction Tax for Electric Car

JAKARTA (TheInsiderStories) - the government will announce the deductive tax for electric car to drive the use of green energy utilization in the country and reduce...

South Korea’s Hyundai, Grab Wants to Develop Electric Vehicles in Indonesia

JAKARTA (TheInsiderStories) – The government continues to open investment taps for foreign companies that want to invest in Indonesia. One of them is by...

Hyundai, VW Plan to Build Car Factory in Indonesia

JAKARTA (TheInsiderStories) - Two global car maker, Germany Volkswagen (VW) and South Korea' Hyundai Motor Corp., plans to build a car factory in Indonesia,...

Insight: Indonesia Concern to Develop Electric Car

JAKARTA (TheInsiderStories) – The Indonesian government is taking the necessary steps toward developing and producing electric vehicles in the future. The policy laws should...

Indonesia Will Produce the First Electric Motor Gesits

JAKARTA (TheInsiderStories) - Indonesia will produce the electric motorbikes with brand Gesits (Garansindo Electric Scooter ITS) starting 2019. Gesits is the result of a collaboration between...

Morning Briefing: Rupiah Toughen, BI will Announces Forex Reserves Data

JAKARTA (TheInsiderStories) — Good morning! Indonesian Rupiah gained strength this week, as the central bank effort to maintain the local exchange rate. While, the...

Indonesia’s Electric Car Regulation Releases Soon

JAKARTA (TheinsiderStories) - Indonesia's Ministry of Industry has completed an assessment of the planned presidential decree on electric car as part of government move to boost...

Chinese and French Investors to Build Nickel Plant in Indonesia

JAKARTA (TheInsiderStories)--Chinese and French investors are interested in building a nickel plant for a lithium battery in North Halmahera, North Maluku. The lithium batteries will...

Policy Review: Slash Tax to Stimulate Electric Cars

JAKARTA (TheInsiderStories) – The Government is drafting a regulation that will slash the luxury goods sales tax and import duty of electric car, as an...