Indonesia Business Post

Officials report that China and Indonesia are deepening their partnership to advance the Batang Industropolis Special Economic Zone (SEZ) located in Central Java, alongside other manufacturing zones, through the Two Countries Parks (TCTP) mechanism, with projected funding reaching approximately Rp37.1 trillion (or about US$2.2 billion). The partnership also covers the Bintan Industrial Estate and Aviarna … Read more

Thai Prime Minister Anutin Charnvirakul offered to supply Indonesia with 36 amphibious wheeled armored vehicles and expand bilateral cooperation during talks with President Prabowo Subianto in Jakarta on Monday. Defense Equipment and Military Cooperation Proposals During his first official visit to Indonesia as prime minister, Anutin proposed supplying 36 amphibious wheeled armored vehicles (AWAVs) for … Read more

The Defense Ministry of Indonesia has secured government permits for the use of 961.33 hectares of forest land to construct Territorial Development Infantry Battalion bases, advancing the military’s expansion plans. Gen. Rico Ricardo Sirait confirmed that the approvals cover a combined area of around 961.33 hectares, officially authorizing the Indonesian Army to use the forest … Read more

President Prabowo Subianto’s Red and White Village Cooperatives (KDMP) program is facing heightened scrutiny as investigations reveal fragmented budget management and a sharp rise in influencer spending. A collaborative report by BBC News Indonesia, the Klub Jurnalis Investigasi (KJI), and the Koalisi Media Alternatif (KoMa) warns that the initiative’s multi-agency structure—spanning the Ministry of Cooperatives, … Read more

Indonesia is restructuring its state-owned enterprise (SOE) sector by consolidating companies under the sovereign wealth fund Danantara while simultaneously winding down hundreds of loss-making companies. The government plans to close around 250 inefficient SOEs by the end of July, with the total expected to reach 800 by the end of 2026. This move marks a … Read more

State-owned manufacturer PT Pindad has secured a contract to supply rifles and machine guns to the Saudi Arabian military, President Prabowo Subianto announced on Friday. The deal marks a shift in Indonesia’s defense strategy as the government pivots toward strengthening domestic production capabilities rather than pursuing the sale of strategic state-owned enterprises to foreign investors. … Read more

Indonesia has deployed 37 elite Navy Marine Corps personnel to the Rim of the Pacific (RIMPAC) 2026 exercise in Hawaii, marking the nation’s participation in the world’s largest multinational naval drill. The biennial exercise, which includes forces from 31 countries, involves 30 warships, six submarines, about 200 aircraft, and thousands of military personnel, according to … Read more