Electric Motorcycle Players in Indonesia?

The government plans to subsidize the purchase of electric motorcycles by Rp7 million per unit. This move aims to support the target of two million electric motorcycle units by 2025. New brands are emerging, but big companies dominate.

Low Occupancy, Malls Keep Expanding

Greater Jakarta will have nine new malls by 2025, even though occupancy rates in Jakarta and Bodetabek (Bogor, Depok, Tangerang, and Bekasi) are declining, even before the Covid-19 pandemic, according to property consultant Colliers.

The Culprit of Rice Price Hike

The average price of rice has increased since July 2022, both at the producer and retail levels. What causes the increase in commodity prices?

Startups Layoff Storm Continues

The wave of startup layoffs (PHK) in Indonesia continues. In November, there were at least 14 technology startups that implemented layoffs.

Layoffs Threat in Textile Industry

Several textile and textile product (TPT) companies reportedly have terminated their workers (layoffs). The government is still looking for the cause.

Chinese Electric Car Battery Giant Investment

Contemporary Amperex Technology Co. Limited (CATL), a manufacturer of lithium-ion (li-ion) batteries for electric vehicles from China, is expanding its investment in Indonesia.

3 Pharmaceutical Companies Face Criminal Penalty

BPOM announced that products from three pharmaceutical companies contain ethylene glycol (EG) and diethylene glycol (DEG) above the safe limit of 0.1 mg/ml. Some products have levels up to 48 mg/ml (480 times).

Blibli's Big Target on Stock Exchange

PT Global Niaga Tbk or Blibli targets Rp 8.17 trillion in IPO on 4 November 2022. This Djarum Group's e-commerce IPO value is the fifth largest on the Indonesia Stock Exchange.