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Indonesia’s Manufacturing PMI Climbs to 51.3 in December

JAKARTA (TheInsiderStories) -  Indonesia Manufacturing Purchasing Managers' Index (PMI) climbed to 51.3 in December from the previous month at 50.6, IHS Markit reported today (01/04). The data...

Indonesia’s Mayora Targets Sales Rise 10% Next Year

JAKARTA (TheInsiderStories) - The food-maker, PT Mayora Indah Tbk (IDX: MYOR) sees the sales to grow at least 10 percent in 2021 compared to this...

Indonesia’s Car Sales Rises 10% in November to 53,884 Units

JAKARTA (TheInsiderStories) - Indonesia' car sales rose by 9.9 percent to 53,884 units in November from the previous month and fell by 41 percent compared to...

Indonesia Sees US$2.3B of New Investment in Agro Industry

JAKARTA (TheInsiderStories) - The Ministry of industry recorded around Rp32.5 trillion (US$2.30 billion) of investment in agro industry has potential to enter Indonesia, said the official last...

Indonesian F&B Industry Estimates to Grow 5 – 7% in 2021

JAKARTA (TheInsiderStories) - The Association of Indonesian Food and Beverage Entrepreneurs (GAPMMI) estimates that the food and beverages (F&B) industry can grow 5 - 7 percent...

Indonesia’s Gunung Raja Paksi Prepares US$486M for Expansion

JAKARTA (TheInsiderStories) - Indonesian steel-maker, PT Gunung Raja Paksi Tbk (IDX: GGRP) prepared an investment funds around Rp6.8 trillion (US$482.26 million) to build new factory in...

IHSMarkit: PMI Indonesia Rises to 50.6 in November

JAKARTA (TheInsiderStories) - IHSMarkit reported the Purchasing Managers' Index (PMI) of Indonesia stood at 50.6 in November, up nearly three points compared to the previous month...

Japfa Comfeed Builds New Factory in Vietnam worth of US$13M

JAKARTA (TheInsiderStories) - Japfa Comfeed Vietnam Co. Ltd., unit of Japfa Ltd, build a new factory in the seven-hectare Nhon Hoa industrial areas, Vietnam, said the...

Uni-Charm Indonesia Ready to Buyback Shares for US$89M

JAKARTA (TheInsiderStories) - Sanitary-maker, PT Uni-Charm Indonesia Tbk (IDX: UCID) will use the funds from the initial public offering (IPO) amounting to Rp1.25 trillion (US$88.65 million)...

Indonesia Sees the Non-oil and Gas Industry to Grow 3.59% in...

JAKARTA (TheInsiderStories) - The ministry of industry sees the non-oil and gas processing industry to grow 3.95 percent in 2021, based on the assumption that the...

US’s Cargill Build Corn Factory in East Java, Invests US$100M

JAKARTA (TheInsiderStories) - Global food producer from United States, Cargill Inc., invested US$100 million in PT Sorini Agro Asia Corporindo, to build a corn wet...

Indonesia’s Sritex Proposes Debt Extension Until 2024

JAKARTA (TheInsiderStories) - Textile producer, PT Sri Rejeki Isman Tbk (IDX: SRIL), also known Sritex, proposed to extends the maturity of the syndicated loan...

Indonesia’s Car Sales Only Grew Single Digit in October

JAKARTA (TheInsiderStories) - The Association of Indonesian Automotive Industry (GAIKINDO) reported car sales (from factories to dealers) as of October 2020, only rose 1...

Indonesian Parliament Proposes Alcoholic Drinks Law

JAKARTA (TheInsiderStories) - Indonesian parliament proposed the Prohibition of Alcoholic Drinks to the government, the document contained seven chapters and 24 articles showed last week....

Indomobil: Indonesia’s Automotive Market Rebound in 2021

JAKARTA (TheInsiderStories) - Car maker, PT Indomobil Sukses International Tbk (IDX: IMAS) believes that the Indonesian automotive sector will slowly recover starting next year...

Global Factory Output on the Fastest Rate in October

JAKARTA (TheInsiderStories) - Global factory output rose at the fastest rate for two and a half years in October, signaling a strong start to the fourth...

Indonesia’s Manufacturing Index Up Slightly to 47.8 in October

JAKARTA (TheInsiderStories) - The latest Purchasing Managers Index (PMI) survey data showed conditions in the manufacturing sector in Indonesia worsened at the start of the quarter fourth. Production...

Indonesia’s TPS Food Releases New Shares US$33M

JAKARTA (TheInsiderStories) - After raised Rp1.26 trillion (US$85.71 million) from rights issue of six billion Series B shares in September, now, PT Tiga Pilar Sejahtera Food...

Mondelez Builds Cocoa Research Center in East Java US$13M

JAKARTA (TheInsiderStories) - A global consumer producer (NASDAQ: MDLZ), Mondelez International Inc., has inaugurated a cocoa research center in Pasuruan, East Java, with an investment of...

Indonesia Has Potentials to Grab an Investment US$67B in Manufacturing Sector

JAKARTA (TheInsiderStories) - The Ministry of industry noted that there are plans for a number of manufacturing companies invests in Indonesia with a total value over...

Four Subdiaries of Krakatau Steel Ready to Go IPO

JAKARTA (TheInsiderStories) - Indonesia' steel-maker, PT Krakatau Steel Tbk (IDX: KRAS) ready to list four of its subsidiaries shares in 2021, said the CEO last week. The...

Indonesia’s Chandra Asri Operates Two Chemical Plants

JAKARTA (TheInsiderStories) - Indonesian manufacturer, PT Chandra Asri Petrochemical Tbk (IDX: CAPC) has started the operating of the Methyl Tert-butyl Ether (MTBE) and B1 plants, which...

Indonesia’s Food and Beverage Industry Could Grow 3% in 2020

JAKARTA (TheInsiderStories) - Indonesian food and beverage industry is expected to grow by around 3 percent in 2020, said government officials yesterday (08/11). In the second...

Indonesia’s PMI Slightly Up to 46.9 in July

JAKARTA (TheInsiderStories) - The purchasing managers index (PMI) survey of Indonesia slightly up to 46.9 in July from the previous month 39.1, IHS Markit reported on Monday...

Indonesia Prepares West Java’s Subang as an Industrial Zones

JAKARTA (The InsiderStories) -  Indonesia prepares Subang Regency in West Java also known Rebana areas as a new industrial zones as part the government' efforts...

Unilever to Sell Tea Business Unit as Sales Drop in 1H...

JAKARTA (TheInsiderStories) - Global consumer goods producer, Unilever Plc (AMS: UNA) said on Thursday (07/23) will retained the tea businesses in Indonesia and India, following a...

Manufacturing Export Contribution Exceeds 79% in 1H of 2020

JAKARTA (TheInsiderStories) - During the first semester (1H) of 2020, total export values of the manufacturing products recorded US$60.76 billion or 79.52 percent of the total...

Indonesia’s Widodo Makmur Ready to Go IPO, Seeks US$279M

JAKARTA (TheInsiderStories) - Food and feed mill producers, PT Widodo Makmur Unggas (WMU) ready to offer 34 percent of shares (IPO) with an emission value of...

Coca-Cola, Dynapack Asia Build Recycling Facility in Indonesia

JAKARTA (TheInsiderStories) - Beverages producers, PT Coca-Cola Amatil Indonesia has signed an agreement with provider of packaging and plastics catering to the South East Asia &...

Indonesia Road Freight Transport Market to Grow Over 9% During 2020...

JAKARTA (TheInsiderStories) - The Indonesia road freight transport market is expected to grow above 9 percent during 2020 - 2025, said Reportlinker in the latest report....