Indonesia’s sprawling nickel industry is creaking under the weight of its own success, as a production surge drags down prices and a shortage of ore forces even the country’s own smelters to curb output.
The Southeast Asian trade bloc has invited China and several Arab states to a joint summit in Kuala Lumpur in May. However, Anwar's plan for a trade alliance between ASEAN, China, and the resource-rich,
Indonesia has recognised that security affairs in its region are no longer business as usual, though it hasn’t completely given up its commitment to strategic autonomy. Its biggest step was a Defence Cooperation Agreement (DCA)
Currently, Indonesia ranks third in the World Cup qualifiers Group C and has strengthened its squad with the addition of naturalized players. In contrast, China is still slow in reinforcing its squad and is lagging behind Indonesia.
Indonesia is on a fast track to establishing itself as a global electric-vehicle powerhouse, banking on its vast nickel reserves and an aggressive downstreaming strategy to create an all-encompassing domestic EV and battery supply chain.
China's coal imports rose 2.1% year-on-year to a record high for the January-February period, official data showed on Friday, as arbitrage opportunities remained open, but risks grew for imports in the months ahead.
As this year marks the 75th anniversary of diplomatic relations between China and Indonesia, Indonesian Ambassador to China Djauhari Oratmangun expressed Jakarta's commitment to strengthening its enduring partnership with Beijing, signaling a future filled with even greater promise for the bilateral relationship.
THE Indonesian government’s plan to regulate the price of coal exports is facing pushback from its largest customer, as firms in China baulk at paying higher costs as other suppliers lower their rates.
Sritex’s collapse highlights Indonesia’s textile industry’s struggle against cheap Chinese imports and lack of government support amid looming US tariffs.
It is possible that Apple’s original $1bn figure was exaggerated. In January the industry ministry said its valuation of Apple’s AirTag factory was “far below the $1bn commitment” and closer to $200m. Another possibility, given Indonesia’s unco-ordinated bureaucracy, is that Mr Agus was freelancing.
It had a meteoric rise to become the most downloaded shopping app worldwide in 2024, but Temu's expansion plans hit roadblocks in some South-East Asian countries.
Indonesia has opened its first bullion bank at a time when world gold prices are hitting a record high of nearly $3,000 per ounce, as geopolitical tension pushes demand for safe haven assets.
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