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View all search resultsindustry-ministry
Economy 2 weeks ago
PREMIUM
Manufacturing activity hit two-year high in February on stronger demand
The country’s headline Purchasing Managers’ Index (PMI) rose to 53.8 in February from 52.6 in January, marking the highest reading since March 2024. The index remained above the 50-point threshold, which separates expansion from contraction.
Regulations 3 weeks ago
PREMIUM
Minister touts local capacity amid light truck import deal
The industry ministry has joined the choir of criticism against Agrinas' procurement deals with Indian carmakers, saying that rather than importing foreign-made pickups, the local automotive industry should be bolstered to optimize capacity so as to reap the many benefits of mobilizing the national supply chain.
Economy 3 months ago
PREMIUM
MoU signed for national car but questions remain on ‘ambitious’ project
Indonesia’s bid to mass-produce cars of a homegrown brand in 2027 is “highly ambitious”, experts say, noting that an electric vehicle model would require sustained fiscal outlays and far stronger technical competencies than the country currently possesses.
Regulations 5 months ago
PREMIUM
RI faces rough road in phasing out EV imports at turn of year
The government has said it will not renew the incentive scheme, which since 2024 has allowed automakers to import completely built-up (CBU) EVs without paying import duties, luxury tax or value-added tax (VAT).
