Oct 3, 2015 | Industries, Market, Reviews
Central Bureau of Statistics (BPS) recorded 19% growth in number of people transported by trains in Indonesia in the first eight months of 2015 to 212.2 million people. A survey by the respected Bandung Institute of Technology (ITB), meanwhile, found up to 60% of...
Oct 3, 2015 | Industries, Market, Reviews
Six out of ten largest producers of tyres in the world have their investments in Indonesia with Taiwanese Cheng Shin being the latest. As the second largest producer of natural rubber, Indonesia is poised to become a more important player in the world of tyres and...
Oct 3, 2015 | Industries, Market, Reviews
Indonesia was still in deficit of automotive trading last year. Deficit in cars reached US$347 million, but dropped significantly by 84% from 2013. Deficit in car components also narrowed 34.4% to US$1.43 billion. Overall, falling deficit in automotive trading was...
Oct 3, 2015 | Industries, Market, Reviews
Food processing is probably the best performing industry when it comes to export performance in the past few years. Indonesia booked trade surplus of US$1.93 billion from processed food last year, skyrocketed 115% from 2014. Growing investment by multinational and...
Oct 3, 2015 | Industries, Market, Reviews
PT Selalu Cinta Indonesia (what a name!), subsidiary of PT Karet Murni Kencana, has kicked off construction of new shoes factory with US$50 million of investment in Salatiga, Central Java province this week. The South Korean investor produces shoes for major brands...
Oct 2, 2015 | Industries, Market, Reviews
State-owned pharmaceutical company PT Kimia Farma (KAEF) Tbk plans to start construction of the second salt processing facility in the first quarter of 2016 as the first plant is scheduled for commercial operation next month. Mining company Aneka Tambang (ANTM) is...
Oct 2, 2015 | Industries, News Group
PT Indo Modern Mining Sejahtera (IMMS) has been brought up in several news reports in connection with the murder of Salim Kancil, a farmer in Lumajang, East Java. The latter was one of many residents of the village of Selok Awar Awar, who were against mining and...
Oct 2, 2015 | Industries, News Group, Politics
The sadistic murder of Salim Kancil on September 26, 2015 brought the attention of the nation to the regency of Lumajang. Salim, a local farmer and environmental activist was reportedly tortured and killed for rejecting iron sand mining in his village Selok Awar Awar....
Oct 2, 2015 | Industries, Market, Politics
Japan has openly expressed its disappointment over Indonesian government’s decision to proceed with the Chinese in the development of high-speed train connecting Jakarta and Bandung (the capital city of West Java province). Implementation of the project now...
Oct 2, 2015 | Industries, Market, Reviews
The government is set to kick off tender for the development of new port in West Java, Banten or Jakarta as a replacement to Cilamaya port project, which was dropped due to operational issues with Pertamina. The US$4 billion project will be solely built by private...
