Oct 21, 2025 | Industries
When President Prabowo Subianto’s administration proposed to include a “national car project” in Indonesia’s list of Proyek Strategis Nasional (PSN), many felt a sense of deja vu. The narrative was familiar — national pride, industrial independence, and a promise that...
Oct 21, 2025 | Industries
In his speech at the first anniversary of ruling the country, President Prabowo Subianto said Indonesia will have the national car within three years, and that he has set aside funds and location for the project. Details were not available, but Prabowo pointed to the...
Sep 26, 2025 | Industries
The government is committed to ending imports of table salt by 2025 and achieving self-sufficiency in industrial salt by 2027, as mandated by Presidential Decree No. 126 of 2022 on the Acceleration of National Salt Development. National demand for raw salt in 2024 and...
Aug 26, 2025 | Industries
Naphtha, key raw material for petrochemical industry, lost 15.5% year-on-year to mirror correction of crude oil. Petrochemicals, unfortunately, are not benefited from lower input costs because of persistent oversupply of polymers in the region due to growing capacity...
Aug 25, 2025 | Industries
Shares of PT Steel Pipe Industry of Indonesia Tbk (ISSP) ended slightly higher by 0.5% to Rp394 last Friday (Aug 22). It is among the best performing stocks in the past five months or so with over 60% gain, thanks to favourable valuation. Even with the gain, ISSP was...
Aug 25, 2025 | Industries
China’s Yingfa Ruineng Technology Co Ltd, through its subsidiary PT Bintan Cellular Indonesia, plans to expand its solar cell manufacturing facility in overseas market by expanding the construction of its phase II of its production base in Indonesia. The company plans...
Aug 14, 2025 | Industries
Indonesia’s government has entered a new phase in public procurement policy with the issuance of Presidential Regulation No. 46/2025, a revision that strengthens the mandate to prioritize domestically made goods in all government procurement, from central ministries...
