Indonesia

CATL supplier Lopal said to seek US0 million for Indonesia unit
CATL supplier Lopal said to seek US$200 million for Indonesia unit
July 25, 2024
JIANGSU Lopal Tech is considering raising about US$200 million for its Indonesian unit as it ramps up local production of materials used in electric-vehicle batteries, according to people familiar...
Indonesia plans widespread use of palm oil-based B40 biodiesel in 2025
Indonesia plans widespread use of palm oil-based B40 biodiesel in 2025
July 24, 2024
INDONESIA is planning for the widespread use of the palm-oil based B40 biodiesel in 2025, replacing the current B35 blending, the energy ministry said.The world’s biggest palm oil maker...
VinFast seeks US0 million bank loan to build plant in Indonesia
VinFast seeks US$250 million bank loan to build plant in Indonesia
July 10, 2024
VINFAST Auto, a Vietnamese electric vehicle maker, is looking for a bank loan of about US$250 million to fund construction of its assembly plant in Subang in Indonesia, according...
Singapore Airlines and Garuda Indonesia receive approval for joint venture
Singapore Airlines and Garuda Indonesia receive approval for joint venture
July 5, 2024
SINGAPORE Airlines (SIA) and Indonesian flag carrier Garuda Indonesia have received approval from the Competition and Consumer Commission of Singapore for a joint venture (JV) agreement.The two companies said...
Eramet and China’s Huayou explore EV nickel partnership in Indonesia
Eramet and China’s Huayou explore EV nickel partnership in Indonesia
July 5, 2024
The Chinese manufacturer operates 2 nickel ore-processing plants in the country, with another 2 in the works FRENCH miner Eramet is exploring a partnership with Zhejiang Huayou Cobalt to...
Indonesia launches first EV battery plant
Indonesia launches first EV battery plant
July 3, 2024
Indonesia launched its first electric vehicle battery plant on Wednesday (Jul 3), President Joko Widodo said, as South-east Asian countries move to gain a foothold in the emerging industry.The...
Freeport Indonesia secures copper concentrate export permit
Freeport Indonesia secures copper concentrate export permit
July 3, 2024
COPPER miner Freeport Indonesia has secured an export permit for copper concentrate for the rest of year, spokesperson Agung Laksamana said on Wednesday (Jul 3), without elaborating on the...
Indonesia central bank governor sees no need for further rate hike
Indonesia central bank governor sees no need for further rate hike
June 24, 2024
He said this even after the rupiah fell to its weakest since 2020 against the dollar last weekBank Indonesia’s governor Perry Warjiyo on Monday (Jun 24) said he saw...
Giant Python Eats Woman Alive in Indonesia After She Went Missing as Locals Cut Open Snake to Find Her Whole Body Inside
June 8, 2024
A missing woman was found eaten alive by a giant python after locals cut her out of the snake's stomach. Farida, a 50-year-old mother of four, vanished while walking...
Indonesia central bank governor sees no need for further rate hike
Indonesia central bank to continue intervention to stabilise rupiah
June 5, 2024
Indonesia’s central bank will continue to intervene in the foreign exchange market to stabilise the rupiah, its governor said on Wednesday (Jun 5), adding that the currency would strengthen...