The Indonesian government’s plan to regulate the price of coal exports is facing pushback from its largest customer, as firms in China balk at paying higher costs as other suppliers lower their rates.
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 funding freeze leaves critical health and humanitarian programmes in limbo, leading many to ask who can fill the support gap The effects of Washington's freeze on nearly all US foreign aid are being felt acutely in Indonesia,
Russia and China are contenders to forge a private partnership with Indonesia on nuclear power as the nation sets plans in motion to becoming a major nuclear market.
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.
In addition to the trade war, fiscal incentives offered by the Indonesian government also encourage the relocation of Chinese factories to Kendal SEZ.
Vice Chair of Kadin for the Energy and Mineral Resources Sector, Aryo Djojohadikusumo, stated that the United States, Russia, and China have submitted proposals for the development of nuclear power plants in Indonesia.
One of the biggest nickel smelters in Indonesia has slashed production and is close to shutting down completely, just months after the collapse of its Chinese parent company.
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.
Asian equities ended the week mixed, led higher by Hong Kong, especially Hong Kong-listed growth stocks, while Taiwan underperformed.
Three major powers have submitted proposals on developing a nuclear power plant in the country, according to Kadin’s energy and mineral resources deputy.