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manufacturing-industry

Indonesia launches new phase of industrial park in bid to lure investors away from China
Markets 1 year ago

Indonesia launches new phase of industrial park in bid to lure investors away from China

The Batang integrated industrial park already hosts nearly 20 companies in 10 percent of its total area of 4,300 hectares, including South Korea's LG Energy Solution and glass maker KCC Glass.
Euro zone business growth stalls in July, PMIs show
Economy 1 year ago

Euro zone business growth stalls in July, PMIs show

Growth in euro zone business activity stalled this month as a tepid expansion in the bloc's dominant services industry failed to offset a deeper downturn among manufacturers, a survey showed on Wednesday.
Industry Ministry slams Trade Ministry policy for manufacturing woes
Regulations 1 year ago

PREMIUM
Industry Ministry slams Trade Ministry policy for manufacturing woes

The Industry Ministry continues to point to a recent Trade Ministry regulation for the country’s weakening manufacturing PMI, even as other Asian peers saw stronger performance in the May-June period.
RI manufacturing hits 13-month low amid new order, output slowdowns
Economy 1 year ago

PREMIUM
RI manufacturing hits 13-month low amid new order, output slowdowns

Indonesia's PMI dropped in June to its lowest level in 13 months at 50.7, according to a S&P Global report, amid a weakened rupiah resulting in higher raw material prices.
Big firms too dominant in Indonesia, World Bank says
Economy 1 year ago

PREMIUM
Big firms too dominant in Indonesia, World Bank says

A shortage of mid-sized companies has negative repercussions for employment and competition, according to the global financial institution.
Chinese firms to scrap factory plans following eased imports, trade body warns
Economy 1 year ago

PREMIUM
Chinese firms to scrap factory plans following eased imports, trade body warns

Easing the curbs has removed the incentive for foreign companies to build factories in Indonesia rather than sending finished goods. 
Industry minister gears up to defend local content requirement
Regulations 1 year ago

PREMIUM
Industry minister gears up to defend local content requirement

Some experts argue the local content requirement (TKDN) prevents companies from purchasing cheaper material and advanced equipment from other countries, thus limiting their international competitiveness.
Manufacturing PMI drops to lowest level this year
Economy 1 year ago

PREMIUM
Manufacturing PMI drops to lowest level this year

Factory activity in Indonesia has slowed to the lowest level this year but remains in positive territory, according to the latest monthly report published by S&P Global on Monday.
Weaker rupiah, high oil prices hit RI manufacturing sector
Economy 1 year ago

PREMIUM
Weaker rupiah, high oil prices hit RI manufacturing sector

Indonesian manufacturers are feeling the pinch, as a weakening rupiah exchange rate against the United States dollar and a surge in oil prices lead to higher input costs for local industry.
Apple mulls building first production facility in Indonesia
Companies 1 year ago

PREMIUM
Apple mulls building first production facility in Indonesia

Indonesia could be on Apple's ASEAN supply chain map as the US tech giant looks to establish a local manufacturing plant, even as it expands its developer academy to Bali, its fourth in the country.
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