• Coal Mining Industry Indonesia: Exports to China on the Rise

    The value of Indonesia's coal exports to China during January-August 2017 reached USD $1.68 billion, up 63 percent compared to the export value of the commodity in the same period (to China) one year earlier (USD $1.03 billion) according to the Trade Attaché of the Indonesian Embassy in Beijing.

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  • Explosion at Fireworks Factory Causes Many Casualties in Tangerang

    Dozens of workers at a fireworks factory at an industrial complex in Tangerang (Banten Province) were killed on Thursday morning (26/10) after two explosions caused a massive fire. At least 47 lives were ended, while dozens were injured. Reportedly, a total of 103 workers were active at the firecracker factory, hence the death toll could rise further. The fire has been brought under control.

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  • Australia Closes Car Industry, Opportunity for Indonesian Car Exports?

    General Motors manufactured its last Holden car at the Adelaide factory on Friday (20/10), hence effectively ending the once-iconic Australian car industry. From now on Australians will have to buy cars that were imported from abroad. While other governments have been keeping national automotive industries alive after the financial crisis through bailouts, the Australian government saw no real economic reason to keep this industry alive.

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  • KKR Buys 12.6% Stake in Indonesia's Nippon Indosari Corpindo

    KKR & Co. L.P., the New York-based global investment company that is engaged in a wide variety of sectors including private equity, energy, infrastructure, real estate, credit, and hedge funds, acquired a 12.64 percent stake in Indonesia's largest producer of bread products, Nippon Indosari Corpindo, through KKR's Asian Fund III.

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