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Category: Business

Business

BYD EV Sales Triple as Indonesia’s Market Expands

March 16, 2026March 19, 2026

BYD Indonesia announced that its EV sales have risen three times higher compared to last year. The company highlighted that…

Business

Telkom to Cut Subsidiaries from 60 to 14

March 13, 2026March 24, 2026

Telkom Indonesia has revealed plans to simplify its corporate structure by reducing subsidiaries from 60 to 14. The initiative is…

Business

Polytron EV Outsells DFSK, Nissan, and Audi in Indonesia

March 12, 2026March 10, 2026

Polytron, Indonesia’s legacy consumer electronics brand, posted a noteworthy first-year performance in the domestic electric vehicle market, placing above several…

Business

Retail Sales Index Forecast to Rise 6.9% YoY in February 2026

March 11, 2026March 10, 2026

Bank Indonesia’s official Retail Sales Survey (Survei Penjualan Eceran/SPE), released on March 10, 2026, projects a broad-based increase in retail…

Business

Xpeng EV Prices Rise After VAT Incentive Removal

March 10, 2026March 7, 2026

Xpeng Indonesia announced price increases for its electric vehicle lineup in early 2026. The removal of government VAT subsidies led…

BusinessIndustry

Indonesian Auto Workers Reject Import of 105,000 Indian Pickups

February 26, 2026

Indonesia’s automotive labor unions are raising their voices. Workers in the spare parts sector have rejected plans to import more…

Business

PGN Named Among Asia-Pacific’s Top 500 Companies by TIME

February 26, 2026

Indonesia’s energy sector has earned global recognition. Perusahaan Gas Negara (PGN), a subsidiary of Pertamina, has been listed among the…

BusinessIndustry

Indonesia’s Export of China-Made Cars Surges 148% in 2025

February 11, 2026

Indonesia’s automotive industry is gaining momentum in global markets. Exports of China-branded cars manufactured in Indonesia jumped sharply last year,…

BusinessIndustry

Krakatau Steel Shuts Down KOS Amid Pressure from Cheap Imported Steel

February 10, 2026February 11, 2026

Indonesia’s steel industry is facing a harsh reality. Krakatau Steel has officially closed its subsidiary, Krakatau Osaka Steel (KOS), citing…

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