Indonesia Indonesian Economy News and Updates

[Umigami]

https://www.reuters.com/world/indonesia-join-brics-bloc-full-member-brazil-says-2025-01-06/

 

[Umigami]

https://twitter.com/i/web/status/1876453842541564032

I just hope Trump won't get salty about this

 

[Zinan 二]

Blunder action??

 

[satria]

Seasia News on Instagram: "🇮🇩 🇨🇳 Chinese EV giant BYD is making bold strides in Indonesia, with plans to complete a massive $1 billion factory in Subang, West Java, by late 2025 and kick off operations in early 2026. This 126-hectare facility will

3,954 likes, 114 comments - seasia.news on January 21, 2025: "🇮🇩 🇨🇳 Chinese EV giant BYD is making bold strides in Indonesia, with plans to complete a massive $1 billion factory in Subang, West Java, by late 2025 and kick off operations in early 2026. This 126-hectare facility will be the...

www.instagram.com

​

Chinese EV giant BYD is making bold strides in Indonesia, with plans to complete a massive $1 billion factory in Subang, West Java, by late 2025 and kick off operations in early 2026.

This 126-hectare facility will be the largest of its kind in Southeast Asia, doubling production capacity to 300,000 units annually and focusing on premium Plug-In Hybrid Electric Vehicles (PHEVs) and battery production.

Since entering the Indonesian market in mid-2024, BYD has introduced four models to enthusiastic reception and is set to unveil a luxury model on January 22, 2025.

With government support and an expanding EV lineup, BYD is positioning itself as a leader in driving Indonesia’s green energy future. ​

 

[chibiyabi]

Seasia News on Instagram: "🇮🇩 🇨🇳 Chinese EV giant BYD is making bold strides in Indonesia, with plans to complete a massive $1 billion factory in Subang, West Java, by late 2025 and kick off operations in early 2026. This 126-hectare facility will

3,954 likes, 114 comments - seasia.news on January 21, 2025: "🇮🇩 🇨🇳 Chinese EV giant BYD is making bold strides in Indonesia, with plans to complete a massive $1 billion factory in Subang, West Java, by late 2025 and kick off operations in early 2026. This 126-hectare facility will be the...

www.instagram.com

​

Chinese EV giant BYD is making bold strides in Indonesia, with plans to complete a massive $1 billion factory in Subang, West Java, by late 2025 and kick off operations in early 2026.​

​

This 126-hectare facility will be the largest of its kind in Southeast Asia, doubling production capacity to 300,000 units annually and focusing on premium Plug-In Hybrid Electric Vehicles (PHEVs) and battery production.​

​

Since entering the Indonesian market in mid-2024, BYD has introduced four models to enthusiastic reception and is set to unveil a luxury model on January 22, 2025.​

​

With government support and an expanding EV lineup, BYD is positioning itself as a leader in driving Indonesia’s green energy future. ​

it just marketing sh*t..if you see from cipali toll road, it just plain land, only land clearing process until yesterday.. far behind other chinese EV manufacturer which built its factory exactly at cikampek intersection...

 

[Umigami]

Freeport supplies Antam with gold for the first time

 

[Umigami]

Here we go, we have danantara now.

https://twitter.com/i/web/status/1893910516512309255

Can it invest on Republikorp?

 

[satria]

Building IDR 4.9 Trillion AI Data Center in City Center, Sinarmas Targets Financial Sector

Bangun Data Center AI Rp4,9 Triliun di Pusat Kota, Sinarmas Incar Sektor Finansial

Sinarmas (SM+) menyasar sektor finansial melalui data center AI yang dibangun di tengah kota Jakarta

teknologi.bisnis.com

 

[Umigami]

Some new factory complex in Gresik

https://twitter.com/i/web/status/1899770812691087381

 

[Umigami]

Because of tax maybe?

https://twitter.com/i/web/status/1899853547132584083

 

[Umigami]

No more local content?

https://twitter.com/i/web/status/1909554563600064715

 

[Umigami]

Good luck

https://twitter.com/i/web/status/1909840905307406714

 

[Umigami]

Around 18 billion dollars to make Orange guy happy

https://twitter.com/i/web/status/1911677508790989126

 

[NEKO]

Around 18 billion dollars to make Orange guy happy

https://twitter.com/i/web/status/1911677508790989126

Btw 36 F15EX + other cost = $13.9 billion.
Dsca 2 years ago.

Kalo bukan barang militer duit segede itu buat beli apa? Yang sekali deal nilainya gede.

 

[Umigami]

https://twitter.com/i/web/status/1913247789779140889

Trump hates QRIS and GPN

 

[NEKO]

South Korea's LG Cancels US$7.7bn Indonesia EV Battery Project​

TEMPO.CO, Jakarta - A South Korean consortium led by LG announced the cancellation of its electric vehicle battery supply chain project in Indonesia on Friday, April 18, 2025. The project was valued at 11 trillion won, or US$7.7 billion (around Rp129 trillion, based on an approximate exchange rate of Rp16,841 per US dollar).

South Korea's LG Cancels US$7.7bn Indonesia EV Battery Project

Citing a decline in global demand, LG has pulled out of a US$7.7 billion electric vehicle battery project in Indonesia.

en.tempo.co

 

[satria]

South Korea's LG Cancels US$7.7bn Indonesia EV Battery Project​

TEMPO.CO, Jakarta - A South Korean consortium led by LG announced the cancellation of its electric vehicle battery supply chain project in Indonesia on Friday, April 18, 2025. The project was valued at 11 trillion won, or US$7.7 billion (around Rp129 trillion, based on an approximate exchange rate of Rp16,841 per US dollar).

South Korea's LG Cancels US$7.7bn Indonesia EV Battery Project

Citing a decline in global demand, LG has pulled out of a US$7.7 billion electric vehicle battery project in Indonesia.

en.tempo.co

Minister of Investment and Downstream Rosan Perkasa Roeslani explained that LG Energy Solution did not withdraw from part of its investment in the battery ecosystem project, but the Indonesian government asked LG to withdraw because the negotiations had been going on for too long.

Rosan said that negotiations with LG had been going on for five years since 2020.

“Earlier it was said that from there (LG) decided, actually it was more precisely from us who decided. That was based on a letter dated January 31, 2025 issued by the Ministry of Energy and Mineral Resources of the Republic of Indonesia. Why was that letter issued? Because, indeed, these negotiations have been going on for too long, while we want all of this to run well, quickly because the negotiations have been going on for five years," said Rosan during a press conference at the Presidential Office, Presidential Palace, Jakarta, Wednesday (23/4) evening.

Rosan continued that the letter was then issued to LG, because Chinese investor Huayou had expressed its desire to invest in the battery ecosystem sector. Huayou's desire to enter the battery project consortium in Indonesia was expressed since 2024.

LG batal investasi, BKPM segera lakukan pertemuan dengan Huayou

Kementerian Investasi dan Hilirisasi/Badan Koordinasi Penanaman Modal (BKPM) menyatakan segera melakukan pertemuan dengan Huayou, perusahaan asal China untuk ...

www.antaranews.com

just change the brand