Business News

CBU Car Imports to Reach 15,000 Units by July 2025, with BYD the Largest Contributor

Data from the Association of Indonesian Automotive Industries (Gaikindo) shows that the number of Completely Built-Up (CBU) car imports in July 2025 reached 15,092 units, a 42 percent increase from the previous month's 10,606 units. Furthermore, when compared year-on-year with July 2024, the figure rose 45% from 10,358 units. Similarly,…

To Boost the Economy and Investment, Ahmad Luthfi Encourages Accelerated Port Development in Central Java

Central Java Governor Ahmad Luthfi continues to push for the accelerated development of Tanjung Emas Port in Semarang and Batang Multipurpose Port. This is to boost investment and the economy in the province. "Central Java must have the driving force to improve the economy," Luthfi said during an audience with…

Exports of Converse Shoes from Batang to the United States Demonstrate the Resilience of Indonesia's Footwear Industry Ecosystem

On 21 August 2025, Industry Minister Agus Gumiwang Kartasasmita inaugurated the export of shoes from PT Yih Quan, with a value of USD 100,000 to the United States and USD 60,000 to Australia, at the Integrated Industrial Zone in Batang, Central Java. This export was carried out by Nike Inc.…

The Largest Tin Smelter in Indonesia To Be Built in Bangka

On 22 August 2025, the Governor of Bangka Belitung Islands, Hidayat Arsani, and the Regent of Central Bangka, Algafry Rahman, met with an investor from China to discuss plans for a tin ore processing plant. Hidayat revealed that the largest tin ore processing facility in Indonesia will be constructed in…
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