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Indonesian Car Sales Drops 17.63% in March

JAKARTA (TheInsiderStories) - Indonesian car sales dropped 17.63 percent from 90.338 units in March 2019 to 76,800 units in March 2020 caused the low demand,...

Pressing the Trade Deficit, Indonesia Focus on 15 Industries

JAKARTA (TheInsiderStories) - To tackle the trade deficit, Indonesian government is prioritizing the development of export-oriented industrial sectors, said the minister last week. Based on Statistic...

Indonesia to Build 19 Priority Industrial Zones Outside Java

JAKARTA (TheInsiderStories) - The Indonesian government plans to build 19 priority industry areas outside Java from 2020 until 2024, the industry ministry announced on...

China’s Cabot Spends US$100M to Expand Factory in Banten

JAKARTA (TheInsiderStories) - United States-based Cabot Corporation (NYSE: CBT), the world's largest producer of carbon black, through its subsidiary PT Cabot Indonesia - has...

Indonesia Optimistic to Become a Manufacturing Hub in ASEAN

JAKARTA (TheInsiderStories) – As one of the core investment destination, Indonesia is optimistic to become a manufacturing hub in Southeast Asian countries (ASEAN) region,...

Indonesia’ Manufacturing Sector Rises 4.07% in 2018

JAKARTA (TheInsiderStories) – Indonesia' manufacturing sector rose by 4.07 percent in 2018 against the previous year released by the Indonesia Statistics in Jakarta on Friday (02/01)....

Indonesia Looks Export-Oriented Investments to Improve Trade Deficit

JAKARTA (TheInsiderStories) – Indonesia has identified improving performance of export-oriented industries as one of their main goals in coming years to improve the trade...

President Widodo Encourages the National Automotive Industry to Innovate

JAKARTA (TheInsiderStories) - President Joko Widodo encourage the domestic auto industry to continue to work hard and spawn innovation. He hoped that the Indonesian...

Policy Review: Preparing Roadmap for Industry 4.0 Era

JAKARTA (TheInsiderStories) – The world is currently entering the Industry 4.0 era, in which is marked by the integration of artificial intelligence, internet of...

Indonesia Pushes for Development of CPO Derivative Products

JAKARTA (TheInsiderStories) – As a move to boost the country’s crude palm oil (CPO) related products, the Industry Ministry is stepping up efforts to...

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...

Genting Seeks to Develop Petrochemical Industry in Bintuni

JAKARTA (TheInsiderStories) – Malaysian-based Genting Energy Ltd, which is currently developing a gas block in Bintuni, West Papua, has unveiled its plan to develop a...

Policy Review: Incentives for New Industrial Zones

JAKARTA (TheInsiderStories) - The Government of Indonesia expects 10 more industrial zones to offer a ‘direct construction incentive’ to investors who agree to build...

These Manufacturing Sub-Sectors to Shine in 2018

JAKARTA (TheInsiderStories) – The manufacturing sector is still the largest contributor to the national economy, among others through an increase in value-added raw materials...

Industrial Review: MRO Business to Reach US$2.2 Billion by 2025

JAKARTA (TheInsiderStories) - The Indonesian Ministry of Industry has projected the value of national maintenance, repair, and overhaul (MRO) business to rise to US$2.2 billion...

2018 Industry Outlook: Tax Incentives and Revolution to Achieve Industrial Growth

JAKARTA (TheInsiderStories) - The Ministry of Industry plans to provide manufacturers — principal contributors to the national gross domestic product (GDP) — with three tax...

State Budget Review: Incentives Yet to Lift Manufacturing Sector

JAKARTA (TheInsiderStories) - Various incentive packages granted by the government have yet to trickle down to higher manufacturing activity and reverse a corrosive pattern many consider...