Indonesia Indonesian Economy News and Updates

[Nilgiri]

Indonesia to develop circular economy for EVs, boost battery industry





@Nilgiri

That's great, looks like Indonesia has things figured out.

 

[Gary]

That's great, looks like Indonesia has things figured out.

yup we stopped exporting nickels about a year ago?? @Indos

so that we could use those nickels to propel our own battery industries at home.

 

[Indos]

Does Indonesia have lot of the metals available locally that are needed in EV battery?

i.e Lithium, Nickel, Manganese, Cobalt, Copper etc..

Either being mined right now or have reserves detected?

If so that will help with Indonesia's cost advantage.

Yup, only lithium that we dont have

-----------------------------------------------------------------------------------------------

State holding to be Indonesia’s battering ram into global battery market

Norman Harsono

The Jakarta Post Jakarta / Fri, October 16, 2020 / 12:54 pm

Indonesia has mobilized three of its biggest state-owned enterprises (SOEs) and opened talks with two foreign multinationals to bring Southeast Asia’s largest economy into the world’s highly lucrative electric vehicle (EV) battery market.

The SOEs Ministry has ordered mining holding MIND ID, oil and gas giant Pertamina and electricity monopoly PLN to establish a holding company – tentatively “PT Indonesia Battery Holding” – that will develop an end-to-end domestic supply chain for EV batteries.

The trio are also in talks with China’s CATL and South Korea’s LG Chem, the world’s top two EV battery makers by output, to invest between US$12 billion and $20 billion in developing the dream supply chain. PT Indonesia Battery Holding aims to produce between 8 and 10 gigawatt hours (GWh) worth of batteries each year, starting around two to three years from now, said MIND ID president director Orias Petrus Moedak during an online press briefing on Thursday.

Read also: High capital requirement poses challenge for Indonesia’s battery industry: Expert

“The SOEs Minister expects the EVs to also be built domestically but, of course, if we produce more batteries than needed, then the logical step is to export [the exceed output],” he said. Fulfilling such an expectation will be challenging as experts have said Indonesia’s EV industry is still being held back by limited infrastructure and high capital costs. Nevertheless, the holding company establishment reflects the sheer magnitude of Indonesia’s “massive downstreaming” ambitions – to use President Joko "Jokowi" Widodo’s words – to turn the country from a commodity-driven economy into an industrial economy.

To that end, the government banned all nickel ore exports starting last year and plans to ban all metal ore exports starting 2022, thereby forcing miners to process the ore domestically. Indonesia’s EV batteries will not only cater to the EV industry but also to the energy storage industry, both of which are expected to grow exponentially over the decade as major economies double-down on green energy commitments.

According to the holding’s forecast, global battery demand will quadruple over the next seven years to 777 GWh by 2027, almost all of which will go to EVs. A smaller portion will go into energy storage systems for solar-powered buildings, among others uses.

Read also: No EV? Park outside new capital city and take public transportation

In comparison, Indonesia’s battery demand is expected to grow 30-fold over the same period to 5.9 GWh in 2027, assuming the government successfully pushes EV usage particularly in the new state capital.

“This is a breath of fresh air. The efforts of Indonesia, with its abundant mineral wealth, to downstream industries get a good response from foreign investors,” said SOEs Minister Erick Thohir in a joint statement on Wednesday. As the world’s top nickel ore producer, Indonesia will focus on developing two nickel-based battery blends: Nickel Manganese Cobalt (NMC) and Lithium Cobalt Nickel Aluminum (NCA).

The two are among the main five blends vying for the EV battery market. Such nickel-based blends will likely come to dominate the EV market owing to their good performance and low content of cobalt, which is an increasingly expensive metal due to supply constraints, writes consultancy McKinsey & Company in a 2017 report.

“This shift is not certain as battery technologies continue to rapidly evolve, but it is clear the chemistries that emerge dominant will be heavily influenced by potential raw material constraints,” reads the report.

MIND ID, which is in charge of the upstream supply chain, has several multi-million dollar downstream projects in the pipeline, including a $3 billion integrated nickel smelter to be built in either North Maluku or Southeast Sulawesi. The integrated smelter features a high-pressure acid leaching (HPAL) facility that produces 50 kilotons of high purity battery-grade nickel each year.

The smelter also produces a lower purity steel-grade nickel. MIND ID’s Orias said the company was also looking at ways to secure refined cobalt and manganese domestically. Indonesia has reserves of both metals but is not a major global producer. “The metal that we really don’t have is lithium,” he said, adding that the miner planned to either acquire lithium mines abroad or import lithium.

Meanwhile, Pertamina, which is in charge of the midstream supply chain, has been assigned to develop a battery cell and battery pack manufacturing plant. “This will strengthen our position as an energy provider and enable us to capture global EV battery demand,” said Pertamina spokeswoman Fajriyah Usman on Tuesday.

Meanwhile, PLN, which is in charge of the downstream supply chain, has been assigned to focus on developing and installing ready-to-use battery sets, which will mainly cater to solar-powered buildings and remote Indonesian villages.

“We’re collaborating with other related institutions, including automakers in Indonesia, particularly on the issue of preparing charging stations,” said PLN president director Zulkifli Zaini in the joint statement. PLN previously calculated that Indonesia needed 31,000 EV charging stations by 2030 to meet its EV goals.

State holding to be Indonesia’s battering ram into global battery market - Business - The Jakarta Post

The SOEs Ministry has ordered MIND ID, Pertamina and PLN to establish a holding company – tentatively “PT Indonesia Battery Holding” – that will develop an end-to-end domestic supply chain for EV batteries.

www.thejakartapost.com

 

[Indos]

yup we stopped exporting nickels about a year ago?? @Indos

so that we could use those nickels to propel our own battery industries at home.

We stop exporting nickle in January this year and base on the plan other minerals will be banned in 2022

 

[Indos]

Before the restriction

And now no export at all, all nickle production must be absorbed by nickle smelters in the country

 

[Indos]

US Tech Giant Amazon to Invest $2.8b in West Java Data Center​

BY :TRIYAN PANGASTUTI

NOVEMBER 16, 2020

Governor Ridwan Kamil speaks at West Java Investment Summit 2020 in Bandung, West Java on Monday. (Antara Photo/M Agung Rajasa)


Jakarta. Seattle-based tech giant Amazon will invest north of $2.8 billion in a data center for its cloud computing service in West Java, the province governor Ridwan Kamil said on Monday.

"One of the largest digital company in the world would invest between Rp 30 trillion and Rp 40 trillion [$2.1 billion to $2.8 billion] to build a data center," Ridwan said in a virtual meeting in the West Java Investment Summit 2020.

"I am very proud. West Java will have a data center backbone that is capable of serving digital companies across Southeast Asia," he said.

Amazon's data center would be one of the pinnacle projects that make up West Java's investment push in the next few years, the governor said.

The province, home to 50 million people or roughly half of Vietnam's population, has seen investment commitment rose by sixfold to Rp 360 trillion this year compared to last year.

Ridwan said West Java several advantages compared to other provinces. First, the province has better infrastructure compared to any other region in the archipelago.

"Next month, we will complete the first phase of the Patimban Port inaugurate," he said. Then, in the next two years, West Java will operate the first fast train in Southeast Asia, connecting Bandung and Jakarta, which is now being constructed by Indonesia's and China's joint venture, Kereta Cepat Indonesia-China.

"Many toll roads are also assumed to be completed, and there is much more infrastructure," he said.
The second factor is related to human resources in the province, considered the most productive in Indonesia, Ridwan said. He said that recent studies put West Java's labor competitiveness on par with Thailand's and Vietnam's.

Ridwan, who would rule the province until 2023, said he committed to improving education, quality of infrastructure, socio-political stability, and bureaucratic reform to maintain the province's competitiveness in attracting investment.

Based on data from the Investment Coordinating Board (BKPM), West Java managed to attract Rp 28.4 trillion, or 13.6 percent, of Indonesia's total investment in the January to September period, higher than any other provinces.

US Tech Giant Amazon to Invest $2.8b in West Java Data Center

Seattle-based tech giant Amazon will invest north of $2.8 billion in a data center for its cloud computing service in West Java.

jakartaglobe.id

 

[Gary]

"I am very proud. West Java will have a data center backbone that is capable of serving digital companies across Southeast Asia," he said.

US Tech Giant Amazon to Invest $2.8b in West Java Data Center

Seattle-based tech giant Amazon will invest north of $2.8 billion in a data center for its cloud computing service in West Java.

jakartaglobe.id

so it's going to be a regional data center.. nice

 

[Gary]

Indonesia looks to secure limited trade deal with US after Washington extends its GSP access​

• Deputy foreign affairs minister Mahendra Siregar says the potential agreement could double trade value between the countries to US$60 billion in five years
• The proposal comes after Washington confirmed Jakarta was still eligible for Generalised System of Preferences status, a preferential tariff agreement

Workers operate sewing machines at a factory in Central Java that makes apparel – one of the sectors Indonesia plans to prioritise under the potential new trade deal with the US. Photo: Bloomberg
Indonesia is looking to propose a limited trade deal with the United States, after Washington extended Jakarta’s access to a preferential tariff agreement following US Secretary of State Mike Pompeo’s October 29 visit to the Southeast Asian nation.
The new agreement could double trade value between the countries to US$60 billion in five years’ time, deputy foreign affairs minister Mahendra Siregar told This Week in Asia.
“We hope to further our discussion with the US about how to utilise Indonesia’s Generalised System of Preferences (GSP) status, and also to talk about a trade agreement that is more permanent and broader,” he said.
Under the GSP trade preference programme, 3,500 products from 119 designated beneficiary countries and territories are allowed duty-free and quota-free entry into the US. The Office of the United States Trade Representative (USTR) on October 30 confirmed that it had closed its review of Indonesia’s GSP eligibility “with no loss of benefits”.

Indonesia in recession for first time in 22 years as virus roils economy
5 Nov 2020
​

Siregar added that while Washington had not yet agreed to a discussion over the trade deal, Jakarta had “received positive signs from the US”. He emphasised that instead of Indonesia proposing talks over a “much more time-consuming and complex free trade agreement” with the world’s largest economy, “we are seeking to have a discussion about a limited trade deal, which is more simple and focused”.
Muhammad Lutfi, Indonesia’s ambassador to the US, said during a recent webinar that the Southeast Asian nation would prioritise apparel, electronics, rubber, footwear, and furniture in the trade deal. He said machines, plastics, automotive spare parts, optical and medical tools, and organic chemicals would also be “strategic products”, The Jakarta Post reported.


Indonesia, which was granted GSP status in 1980, last year exported US$2.61 billion of goods to the US under the scheme – or around 13 per cent of its US$20.1 billion total exports to America last year, according to the United States International Trade Commission. The value of its GSP exports from January to August was US$1.87 billion, an increase of more than 10 per cent from the corresponding period last year.

Indonesia's President Joko Widodo (left) and US Secretary of State Mike Pompeo during their meeting in Bogor, Indonesia, on October 29. Photo: EPA-EFE
Indonesia’s GSP status extension was partly because of temporary measures that Jakarta “intends to implement to expedite increases in US imports, and the creation of the new US-Indonesia Joint Working Group on Horticultural Product Trade”, US Trade Representative Robert E. Lighthizer said in a letter to Luhut Pandjaitan, Indonesia’s coordinating minister for maritime affairs and investment.

However, Thailand’s GSP status has been suspended, effective December 30, “based on its lack of sufficient progress providing the US with equitable and reasonable market access for pork products”, the USTR said. Thailand’s exports to the US under the GSP were worth over US$800 million last year.
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Said Indonesia’s deputy foreign affairs minister Siregar: “Indonesia is the only country in Southeast and South Asia whose GSP status was put under review but was left unscathed. The GSP extension sends a message that Indonesia has improved its business and investment climate through regulatory reforms, because if we had not, the US would not extend our GSP status.”

Indonesia deported three Uygurs to China before Pompeo visit: source
31 Oct 2020

Yose Rizal Damuri, head of the economics department at Indonesia’s Center for Strategic and International Studies, said while the value of exports to the US under the GSP facility was “not that significant”, the extension was a significant boost to Jakarta’s bid to draw foreign investment.​

“If the GSP status for Indonesia was suspended, it would hamper Indonesia’s reputation in the eye of the international community. A couple of years ago, the US suspended GSP for Turkey and India, and they were punished by the financial market. Turkey’s lira then crashed,” Damuri said.

“The GSP extension will also attract foreign investment to Indonesia. Due to the Covid-19 pandemic and US-China trade war, many international businesses may consider diversifying their supply chains, because they think they are too dependent on one particular production location, such as China, and this is risky for them. Indonesia really wants to take advantage of this diversification drive.”

Damuri said the US also did not want to worsen its relations with Indonesia, as many American companies had invested in Southeast Asia’s largest economy.

“The majority of these companies invest in strategic sectors such as mining, and oil and gas. So the US has no ground to punish Indonesia, who has been a good boy and improved its regulations to cater to US demands in 2018 when they threatened to revoke the GSP facility for Indonesia,” he said.
Analysts also see the GSP status extension as a potential sweetener for Indonesia to move closer to the US, as Jakarta has remained relatively neutral amid Washington’s tussle for geopolitical influence with Beijing.

On the regional level there is a concern that if Trump wins a second term, the US’ rivalry with China will be sharper, and it doesn’t really benefit the region​

“In recent years it does seem that the US was not giving much attention to Southeast Asia, but [Secretary of State] Mike Pompeo just visited Indonesia, and Indonesia’s defence minister Prabowo Subianto recently visited the US, so in terms of the bilateral relationship we are actually becoming closer to the US,” said Dewi Fortuna Anwar, Asean expert and research professor at the Research Center for Politics-Indonesian Institute of Sciences.

“Indonesia is also quite relieved that the US is continuing to grant the GSP facility to Indonesia, so Jakarta sees its relationship with the US as more or less the same under Trump [compared with previous administrations].
“But on the regional level there is a concern that if Trump wins a second term, the US’ rivalry with China will be sharper, and it doesn’t really benefit the region. And we see that this causes a high level uncertainty on the regional and global level that could trigger conflicts.”

Aside from Indonesia,
Association of Southeast Asian Nations (Asean)
member countries that have been granted GSP status by the US are Myanmar, Cambodia, the Philippines, and Thailand, while the GSP eligibility of Myanmar, Cambodia, and the Philippines expires on December 31.

In 2013, Laos requested to be designated as a GSP beneficiary, but the USTR last month dashed its hopes “following lack of recent engagement by the government of Laos on the worker rights eligibility criterion”.
Indonesia’s extension did not involve special lobbying efforts, Siregar said: “The process is really transparent, there is no chance for lobbying. But we have been negotiating through formal meetings and talks, of course, in which we discussed our trade issues.”

He is confident that the GSP extension will optimise Indonesian exports and boost domestic investments, particularly in the sectors that can export zero-tariff goods to the US.

​

While uncertainty over the US election could affect global markets and trade, Siregar believes ties between Washington and Jakarta can withstand the political turbulence.
“Indonesia has been having a relationship with the US for decades, and we respect each other,” he said. “Just because the administration in a country changes, it doesn’t mean that their positions [on trade] will also change, each country will respect and honour the existing [trade] agreements.”
The US is Indonesia’s second largest trade partner, behind China. The value of non-oil and gas exports to the US was US$17.68 billion last year, compared with US$25.85 billion to China, according to data from Indonesia’s statistics agency.Siregar said both countries were “equally important” to Indonesia. “Amid the pandemic and the US-China trade war, Indonesia has managed to increase the volume of its exports to China and to the US, so we have interests in both countries. We hope that China and the US also have interests in Indonesia so we can keep this momentum.”

Indonesia looks to secure limited trade deal with United States

Deputy foreign affairs minister Mahendra Siregar says the potential agreement could double trade value between the countries to US$60 billion in five years.

www.scmp.com

 

[Madokafc]

Indonesia posts trade surplus of US$3.61 billion in October 2020​

17 hours ago



Cargoes at Tanjung Priok Seaport, Jakarta on Nov 15, 2020. ANTARA FOTO/Akbar Nugroho Gumay/wsj.

Jakarta (ANTARA) - Indonesia enjoyed a trade surplus of US$3.6 billion in October 2020, with export value totalling US$14.39 billion and imports valued at US$10.78 billion, according to the Central Statistics Agency (BPS).

"The trade surplus increased quite significantly owing to a decrease in imports in October 2020," Setianto, the BPS deputy head, stated during a virtual press conference here on Monday.

The trade surplus in September 2020 was recorded at US$2.39 billion.

The country's exports in October 2020 were valued at US$14.39 billion, a rise of 3.09 percent from that recorded in September 2020 and declined by 3.29 percent from that in October 2019.

The non-oil and gas exports in October 2020 reached US$13.76 billion, increasing 3.54 percent as compared to September 2020, or a decrease of 1.84 percent from that in October 2019.

Cumulatively, the value of Indonesia's exports from January to October 2020 had reached US$131.54 billion, or down by 5.58 percent over the corresponding period in 2019. Similarly, non-oil and gas exports were valued at US$125 billion, or a 3.62-percent drop.

Indonesia's imports in October 2020 reached US$10.78 billion, or plunging by 6.79 percent as compared to 26.93 percent in September 2020. Similarly, as compared to October 2019, the figure decreased.

Non-oil and gas imports in October stood at US$9.70 billion this year, down 6.65 percent as compared to that in the previous month, or a decrease of 25.36 percent from that recorded in the corresponding period in 2019.

Oil and gas imports in October 2020 were valued at US$1.08 billion, or falling by 8.03 percent as compared to September 2020, or down by 38.54 percent from that in October last year.

The largest drop in non-oil and gas imports in October 2020 as compared to that in the previous month was recorded in electrical equipment and machinery products, reaching US$200.9 million, or 11.90 percent, while the largest increase was clocked in the imports of ore, slag, and metal ash, valued at US$36.5 million, or 74.28 percent.

Thus, Indonesia's trade balance during the January-October 2020 period recorded a surplus of US$17.07 billion, with an export value of US$131.53 billion and imports at US$114.46 billion. Related news: Minister upbeat about Indonesia benefiting from RCEP spillover effect
Related news: No trade-off between economic recovery, environmental preservation








Reporter: Sella PG, Fardah
Editor: Rahmad Nasution
COPYRIGHT © ANTARA 2020

Indonesia posts trade surplus of US$3.61 billion in October 2020

Indonesia enjoyed a trade surplus of US$3.6 billion in October 2020, with export value totalling US$14.39 billion and imports valued at US$10.78 billion, ...

en.antaranews.com

 

[Madokafc]

actually this is not so good news, when one looking at details of BPS data there is number of reduced capital goods and raw materiel imported in this quarter, so with data from IHS Markit, showing Indonesian manufacturing index is still at contraction level and this quite worrisome to some extent.

 

[Madokafc]

Industri Batam produksi smart home ekspor ke AS​

Selasa, 17 November 2020 10:03 WIB

Direktur Operasional Sat Nusapersada, Bidin Yusuf saat melepas ekspor perdana bersama Wakil Menteri Perdagangan Jerry Sambuaga di Batam, Selasa. (ANTARA/Yunianti Jannatun Naim)


Sebuah hal yang membanggakan, melihat langsung semua konten diproduksi dilakukan kita sendiri, 100 persen
Batam (ANTARA) - Industri di Batam memproduksi "smart home water meter" yang diekspor untuk kebutuhan masyarakat Amerika Serikat.

"Kami ekspor 10.000 unit dengan nilai sekitar 2 juta dolar AS," Direktur Operasional Sat Nusapersada, Bidin Yusuf saat melepas ekspor perdana bersama Wakil Menteri Perdagangan Jerry Sambuaga di Batam, Selasa.

Alat canggih buatan dalam negeri itu digunakan untuk memantau penggunaan air.

Dengan melengketkannya pada meteran analog, maka konsumen dapat memantau penggunaan air langsung dari telepon cerdas miliknya.

Ia mengatakan perusahaannya bekerja sama dengan "designer" dan menjual langsung ke pelanggan.

Sayangnya, alat canggih itu belum dipasarkan di Indonesia.

Wakil Menteri Perdagangan Jerry Sambuaga menyambut baik produksi Batam uang diekspor ke AS itu.

"Sebuah hal yang membanggakan, melihat langsung semua konten diproduksi dilakukan kita sendiri, 100 persen," kata Menteri.

Ia mengatakan pihaknya terus mendorong perkembangan ekspor yang dilakukan produk produksi dalam negeri.

Pemerintah melakukan pemetaan potensi produksi yang ada di seluruh Indonesia.

"Batam ditunjukkan Sat Nusapersada dengan mengutamakan industri perakitan dan manufakturing," kata dia.

Dalam kesempatan itu, Wakil Menteri menyampaikan neraca perdagangan hingga September 2020 surplus 13,51 miliar dolar AS.

"Di tengah masa pandemi, kami bersyukur neraca perdagangan surplus dan kita harus pertahankan dan meningkatkan," kata dia.

Baca juga: Pemprov Kepri minta Kawasan Industri lindungi pekerja dari COVID-19
Baca juga: Batam bangun jalan industri pada 2021
Pewarta: Yuniati Jannatun Naim
Editor: Ahmad Wijaya
COPYRIGHT © ANTARA 2020

Industri Batam produksi smart home ekspor ke AS

Industri di Batam memproduksi "smart home water meter" yang diekspor untuk kebutuhan masyarakat Amerika Serikat. "Kami ekspor 10.000 unit ...

www.antaranews.com

 

[Madokafc]

Farm exports rise 1.26% to $420 mln in Oct: BPS​

3 hours ago

A farmer inspects a Talas Beneg tuber plant in Serinten village, Lebak district, Banten province. (ANTARA FOTO/Muhammad Bagus Khoirunas/wsj)


Our non-oil/non-gas exports contributed 95.03 percent of the total exports in the January - October, 2020 period, with 11.38 percent of them originating from the agricultural sector.
Jakarta (ANTARA) - Indonesia's farm exports reached US$420 million in October, 2020, an increase of 1.26 percent compared to the previous month, according to the Central Statistics Agency (BPS).

The hike in farm exports can be attributed to the improving economy in several countries, BPS deputy head for distribution and service statistics, Setianto, said on Monday.

Farm exports also showed an increase of 23.80 percent compared to the same period last year (year-on-year), he said.

"Our non-oil/non-gas exports contributed 95.03 percent of the total exports in the January - October, 2020 period, with 11.38 percent of them originating from the agricultural sector," he said.

The main markets for Indonesia's non-oil/non-gas exports were China, the United States, and Japan.

Earlier, the BPS had said the agricultural sector grew 2.15 percent (yoy) in the third quarter of 2020. The growth was attributed to the quarter-to-quarter or year-on-year rise in the prices of farm commodities, including palm oil and soybeans in the international market.

Indonesia recorded a surplus of US$3.61 billion in its foreign trade in October, 2020, which was higher than the US$2.44 billion recorded in September, 2020 and US$161 million listed in October, 2019.

Cumulatively, Indonesia's trade surplus totaled US$17.07 billion in the year ending October 31, 2020, compared to a deficit of US$2.12 billion in the year-ago period. (INE)

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Related news: Indonesia posts trade surplus of US$3.61 billion in October 2020

Related news: Indonesia's trade balance posts US$2.4 billion surplus in September




Reporter: Mentari DG, Suharto
Editor: Fardah Assegaf
COPYRIGHT © ANTARA 2020

Farm exports rise 1.26% to $420 mln in Oct: BPS

Indonesia's farm exports reached US$420 million in October, 2020, an increase of 1.26 percent compared to the previous month, according to the Central ...

en.antaranews.com

 

[Indos]

There are planned 32 new smelters for the next 4 years with 19 of them are nickle smelter. From those new smelter projects, about 13 of them are proposed to become national strategic project.

TESLA is trying to build their own battery factory and doesnt want to depend on Chinese battery factory. I think, instead of dreaming to go to the moon, it will be better for Elon Musk to invest much of his company money on battery research and development, so that we could see cheaper battery with much better endurance and lifespan. This attempt will have more impact on human life than his weird ambition to set up human travel to the moon.

 

[Gary]

His weird ambition to set up human travel to the moon.

He's not weird , in fact we should be ashamed why aren't we making regular trips from the Earth to the moon.

This is 2020 already… . Consider that humans set foot on the moon in the 60s , we should have regular earth to moon travel by now.

 

[Madokafc]

He's not weird , in fact we should be ashamed why aren't we making regular trips from the Earth to the moon.

This is 2020 already… . Consider that humans set foot on the moon in the 60s , we should have regular earth to moon travel by now.

Not to mention the computer used to bring human into the moon is not much complex compared to PS 1 system

 

[Madokafc]

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Alfamart Opens 1,000th Convenience Store in the Philippines​

Translator:

Ricky Mohammad Nugraha​

Editor:

Markus Wisnu Murti​

16 November 2020 20:51 WIB

A shop attendant arranges beverage displays at an Alfamart convenience store in Palembang, South Sumatra. ANTARA/Nova Wahyudi

TEMPO.CO, Jakarta - Retailer PT Sumber Alfaria Trijaya, the operator of Alfamart minimarkets, has announced the launch of its 1,000th outlet in the Philippines as part of the company’s business expansion measures.



Alfamart International Business and Technology Director Bambang Setyawan Djojo said consumers’ trust in the country towards the brand has become the main drive behind the business expansion since it first arrived in 2014.
“Despite the pandemic, Alfamart Philippines has worked swiftly in partnership to anticipate the changes and continue serving Alfamart consumers,” wrote Bambang Setyawan in Monday’s press statement cited from Bisnis.com.
Alfamart has built four distribution centers in the Philippines throughout its 6-year expansion: in Imus, Marilao, Mexico, and Silang. As of November this year, the franchise has employed 8,000 locals and 28 Indonesians.

Alfamart Opens 1,000th Convenience Store in the Philippines

Retailer PT Sumber Alfaria Trijaya, the operator of Alfamart minimarkets, has announced the launch of its 1,000th outlet in the Philippines.

en.tempo.co

 

[Madokafc]

Local businesses relate how they reached global market amid pandemic​

17th Nov 2020 20:05

Jakarta (ANTARA) - Local businesses which successfully managed to penetrate the global market amid the COVID-19 pandemic shared their experiences at a webinar on Tuesday.

They included Hendy Setiono, CEO and founder of Baba Rafi Turkish Kebab, which is set to open its branch in India in December.

"The brand was supposed to come to India in the middle of 2020. However, due to the pandemic, the plan was halted. Thankfully, Baba Rafi's Kebab will come to India in December, 2020," he said at the webinar titled 'The Stretch of Local Entrepreneurs to Penetrate Global Markets in the Transition Pandemic Era’ on Tuesday.

Setiono said India will become the 10th country where the Indonesian food brand has expanded its global reach. At present, the business is preparing to serve Indian customers by carrying out renovations and training local workers, he added.

Relating her experience, Shinta Melodi, a furniture entrepreneur, said that even though the pandemic delayed orders for furniture, conditions are now starting to improve and her company has resumed exports as of June.

"Because our market is made up of 70 percent exports, the conditions under the pandemic then made us approach the domestic market, as people's traveling budgets have now shifted to house renovations," she pointed out.

Meanwhile, Yudhi Andrinto, whose business deals with ultraviolet light medical equipment (UVC), revealed that the pandemic made him and his team want to do something for the nation. This led to them providing additional health protocol facilities that can be used in public areas, hospitals, and homes.

"Even though the export opportunities are narrowing due to the massive UVC 254 wave production in China, we just registered a new invention patent for our Far UVC 222 product. Maybe it can be exported in the future," he said of the sterilization equipment which can be used in hospitals, schools, and transportation facilities.

Related news: Indonesia asks APEC to ensure global market access for MSMEs
Related news: Minister draws attention to challenges facing MSMEs to go global





Translated by: Ade Irma Junida/Aria Cindyara
Editor: Rahmad Nasution

Local businesses relate how they reached global market amid pandemic

Local businesses which successfully managed to penetrate the global market amid the COVID-19 pandemic shared their experiences at a webinar on ...

en.antaranews.com

 

[Madokafc]

Lord Luhut become the usual word

He is basically had all the power of any Prime Minister actually had, he can decide Foreign policy and engage directly with Foreign dignitaries and leadership at all level including POTUS, he can arrange military procurement, he can put the muscle of internal policy and so on. He is much more powerful compared to the Vice President in authority although his offiice is not have strong background compared to the Office of Vice President, although he doesn't have backing of political party, neither he is came from majority of Indonesian background as he is not a Muslim and not a Javanese but he can stay put and have very strong presence in Indonesia modern politics.

Lord Luhut Bawa Cuan Buat Indonesia​

CNBC Indonesia TV, CNBC Indonesia
NEWS

20 November 2020 20:33
Jakarta, CNBC Indonesia -Belakangan ini kita beberapa kali mendapatkan kabar terkait kesepakatan investasi asing di Indonesia. Kesepakatan itu selalu berkaitan dengan nama Menteri Koordinator Bidang Kemaritiman dan Investasi, Luhut Binsar Pandjaitan. Tak heran kalo beberapa orang memanggilnya dengan sebutan 'Lord Luhut'.
Simak informasi selengkapnya di program Evening Up CNBC Indonesia (Jumat, 20/11/2020) berikut ini.

Deal Indonesia Dengan Negara Besar

Belakangan ini kita beberapa kali mendapatkan kabar terkait kesepakatan investasi asing di Indonesia.

www.cnbcindonesia.com

 

[Madokafc]

Why western people government still asking why Indonesia government is leaning toward China at some issues?

The answer is quite clear, the Chinese, Japanese and Korean came to Indonesia for doing business and see us as equal partner and not trying to lecture us for what to do or not to do with holier than thou attitude meanwhile forgetting something more important, the people, the government, the corrupt ones or not all had the same basic necessities, they all are need money and have families to be fed at.

PT PP kembali bangun pabrik peleburan feronikel di Kolaka​

Minggu, 22 November 2020 13:10 WIB

Kami yakin dapat menyelesaikan pekerjaan pembangunan sesuai dengan waktu yang telah ditargetkan dengan kualitas terbaik
Jakarta (ANTARA) - PT PP (Persero) Tbk, BUMN konstruksi dan investasi nasional, kembali dipercaya mengerjakan pembangunan pabrik peleburan (smelter) feronikel fase berikutnya di Kolaka, Sulawesi Tenggara.

"Setelah sukses dipercaya mengerjakan fase 1 untuk jalur produksi 1 bersama dengan China ENFI Engineering Corporation, perseroan kembali diberikan kepercayaan oleh CNI selaku pemilik untuk mengerjakan pembangunan peleburan feronikel fase 2 jalur produksi 2 dan fase 4 jalur produksi 5 dan 6," kata Direktur Utama PP Novel Arsyad dalam keterangannya di Jakarta, Minggu.

Baca juga: PT PP mulai bangun SPAM Kota Pekanbaru

Pembangunan pabrik peleburan feronikel berlokasi di Kecamatan Wolo, Kabupaten Kolaka, Sulawesi Tenggara, tersebut memiliki nilai kontrak sebesar Rp1,01 triliun untuk pekerjaan fase 2 (jalur produksi 2) dan Rp2,21 triliun untuk pekerjaan fase 4 (jalur produksi 5-6).

Masa pelaksanaan pekerjaan proyek itu adalah selama 26 bulan untuk pekerjaan jalur produksi 2 dan 34 bulan untuk pekerjaan jalur produksi 5-6.

Adapun ruang lingkup pekerjaan yang akan dilakukan oleh perseroan, antara lain pekerjaan persiapan, pekerjaan sipil (pondasi, steel structure, access road inside plant, dan bangunan pendukung), pekerjaan BOP mechanical (water treatment plant, pompa, dan comprehensive pipelines), serta pekerjaan BOP electrical (substation 150 kV, transmisi 150 kV, dan EDG).

"Berbekal pengalaman dan kualitas pekerjaan yang dimiliki oleh perseroan, kami yakin dapat menyelesaikan pekerjaan pembangunan sesuai dengan waktu yang telah ditargetkan dengan kualitas terbaik," ujar Novel.

Kontrak perjanjian kerja sama dilakukan oleh Nurlistyo Hadi selaku SVP Divisi EPC PP mewakili perusahaan, sedangkan dari CNI diwakili Derian Sakmiwita selaku Direktur Utama.

Turut hadir dalam acara tersebut, yaitu Direktur Utama PP Novel Arsyad, Direktur Operasi 3 PP Eddy Herman Harun, dan Legal Corporate CNI Aulia Wiratama.

Baca juga: PT PP hingga Oktober raih kontrak baru sebesar Rp12,57 triliun
Baca juga: PT PP resmi terima sertifikat SMAP
Pewarta: Ahmad Wijaya
Editor: Kelik Dewanto
COPYRIGHT © ANTARA 2020

PT PP kembali bangun pabrik peleburan feronikel di Kolaka

PT PP (Persero) Tbk, BUMN konstruksi dan investasi nasional, kembali dipercaya mengerjakan pembangunan pabrik peleburan (smelter) feronikel fase berikutnya di ...

m.antaranews.com

 

[Nilgiri]

Why western people government still asking why Indonesia government is leaning toward China at some issues?

The answer is quite clear, the Chinese, Japanese and Korean came to Indonesia for doing business and see us as equal partner and not trying to lecture us for what to do or not to do with holier than thou attitude meanwhile forgetting something more important, the people, the government, the corrupt ones or not all had the same basic necessities, they all are need money and have families to be fed at.

I get what you are saying....but honestly I think we need to look at the (elitist + business + political) population/establishment as a whole for each country.

PRC one is really quite bad imo. I have dealt with mainlanders across a fair spectrum from this elitist subset...and they are demonstrably worse overall to most major countries due to underlying superiority complex esp with non-white, non-han races.

This is for example why we see Indonesians and Indians targetted in most atrocious ways at certain other forum where this complex is allowed to come to full establishment...and there is no calling out of it by their own more reasonable types (that once existed but now all gone or changed seemingly). It is not even their elitist group, but just the tiers below it (given who picks up english in China or emigrated etc).

In larger context, it extends to say what/how Chinese elitists (in their sustained discourse when it comes to ASEAN etc) use Indonesia diversity (say chinese indonesians w.r.t pribumi) and pluralistic resilience as some kind of cherry picked wedge issue too...all the while doing what they do to their own non-Han minority groups quite openly now.

Although I do give benefit of doubt there is still only some transmission to the laypeople of the elitist group's attitudes/behaviour/thinking etc (and done under the circumstance of power/stability control), so we cannot judge entire country on this subset...and same for PRC.

But there is much more we have to analyse than just transactional side of relationships....and yes the West is definitely much to be improved there on how they conduct that (hypocritic sermons etc).

But definitely they are nowhere near one (as complete working unit) like that takes shape under totalitarian mindset and middle kingdom ego.

@Indos @#comcom