70 articles.
Tue, 04 Apr 2017
A senior official at Indonesian Central Bank (BI) said on Wednesday that the nation's economy would significantly grow in the third and fourth quarters this year along with massive disbursement of government spending and conduction of regional elections scheduled later in the year.
Thu, 03 Nov 2016
Foreign investors are heavily investing in the retail sector. BKPM fully supports the growth of investment in the sector based on the revision of the Negative Investment List (DNI) in 2016. This revision is expected to increase the number of foreign investments entering the country.
Fri, 28 Oct 2016
Jakarta. Indonesia needs a special team to monitor the progress of the country's ease of doing business in order to attract more foreign investment, Coordinating Minister for Economic Affairs Darmin Nasution told reporters in Jakarta, on Wednesday (25/10).
Thu, 25 Aug 2016
Official Direct investment in Indonesian firms from foreign and domestic sources is expected to grow more slowly this year, the country's investment board chief said on Tuesday (23/08), noting that Southeast Asia's largest economy had lost out to Vietnam in the regional competition ...
Tue, 09 Aug 2016
Indonesias Negative Investment List (DNI) is the most restrictive regulation in the ASEAN system, Head of the Capital Investment Coordinating Board (BKPM) Thomas Trikasih Lembong said.
Thu, 14 Jul 2016
Investment List An unnamed investor from Australia is planning to invest Rp 10 billion ($763,000) to open a restaurant in Bali following a foreigner-friendly revision of Indonesia's negative investment list, according to the Investment Coordinating Board, or BKPM.
Tue, 28 Jun 2016
The UK’s exit from the European Union (Brexit) on Thursday last week has rattled the global financial market. As stocks plummeted, sterling fell to its lowest since 1985, at 1.33 per US dollar.
Mon, 18 Apr 2016
The Capital Investment Coordinating Board (BKPM) promoted Indonesias investment policy reforms in a business forum in Berlin, Germany, Monday.
Sun, 17 Apr 2016
The Investment Coordinating Board (BKPM) will invite German pharmaceutical companies to invest in Indonesia when President Joko Widodo (Jokowi) visits Germany as part of his four-European nation tour this month.
Thu, 14 Apr 2016
The Investment Coordinating Board (BKPM) welcomed the Ministry of Finance's plan to lower corporate tax from 25 percent to 20 percent this year. BKPM chief Franky Sibarani mentioned the policy will give positive impact to Indonesia's competitiveness.
Wed, 02 Mar 2016
Indonesia's Investment Coordinating Board, known as BKPM, wants to boost investment from Southeast Asian countries this year, a senior official said.
Sat, 13 Feb 2016
Indonesia on Thursday (11/02) eased foreign investment restrictions for dozens of industries in what President Joko Widodo has described as a "Big Bang" liberalization of Southeast Asia's largest economy.
Thu, 11 Feb 2016
Thirty five industrial sectors have been removed from the negative investment list (DNI), while 20 others have been added. The measures are stipulated in the 10th economic policy package released on Thursday.
Wed, 10 Feb 2016
Investors will be allowed to kick off the construction of their factories and other investment facilities without having to wait for the issuance of environmental assessment documents and construction permits under a new investment program to be launched by the Investment Coordinating Board (BKPM) ...
Mon, 25 Jan 2016
The government hopes total investment commitments to Indonesia will surge by 50 percent after a new policy designed to open up several business sectors to foreign players is issued, according to a top official. The new policy will be made by revising the negative investment list (DNI).
Thu, 21 Jan 2016
The Investment Coordinating Board (BKPM) plans to open new business areas in the tourism sector for foreign investment. The plan is to allow foreign investors to wholly own shares in seven business areas in the tourism sector, BKPM Chief Franky Sibarani said here on Wednesday.
Tue, 19 Jan 2016
Jake Thomases is a public policy analyst at the Risk Analysis Research Center. Investors in Indonesia let out a small sigh of relief when Heri Sudarmanto, the director of foreign workers, announced on October 19 that foreign workers would not be required to pass Indonesian language tests after all.
Wed, 13 Jan 2016
Indonesia—Faced with sluggish economic growth, Indonesia is working on a major revamp of foreign-investment rules that could open the door for overseas companies to take bigger stakes in domestic firms and gain a foothold in new industries.
Fri, 08 Jan 2016
Indonesia hopes its "Ease of Doing Business" ranking would be in the double digits in 2016. "The countrys target is to ensure that its Ease of Doing Business ranking in 2016 is in double digits, as it will significantly impact the investment climate in Indonesia," head of Investment Coordinating ...
Fri, 01 Jan 2016
and 500 Startups Indonesia-based gaming studio Touchten announced today that it has secured a Series C round led by Japanese mobile and social firm GREE, with US-based 500 Startups as a follow-on investor. The investment amount remains undisclosed.
Fri, 01 Jan 2016
2016 will be a pivotal year for the Indonesian economy. The extended period of post-election policy chaos seems to have settled, and the worst of the policies have either been quietly put aside or amended to something within the bounds of sensible.
Mon, 14 Dec 2015
The Startup Weekend Jakarta 2015 ended on Sunday with Do-Cart getting first prize, followed by Konsaato and Future of Indonesia as runners-up. The event was held at co-working space Freeware Spaces in Kemang, South Jakarta. Organised by venture capital firm Grupara Inc.
Sat, 12 Dec 2015
Vice President M. Jusuf Kalla, when inspecting preparations for the construction of four star-rated hotels in the area Saturday, asked PT Indonesian Tourism Development Corporations (ITDC) management to accelerate the development of Mandalika which is being groomed as a world class tourist resort ...
Fri, 11 Dec 2015
Foreign ownership of online marketplace platforms, such as Tokopedia and motorcycle taxi app Go-Jek, is under review by the government with an eye on expansion, a top official said.
Fri, 11 Dec 2015
Jakarta Organization of Land Transportation Owners (Organda) has countered Uber's recent official statement that Jakarta Governor Basuki "Ahok" Tjahaja Purnama had given a green light to the ride-booking company to operate in the capital.
Fri, 11 Dec 2015
Jakarta Organization of Land Transportation Owners (Organda) has countered Uber's recent official statement that Jakarta Governor Basuki "Ahok" Tjahaja Purnama had given a green light to the ride-booking company to operate in the capital.
Thu, 26 Nov 2015
Indonesia’s Investment Coordinating Board, or BKPM, plans to replace its negative investment list with an “investment guideline” by April, in a move to boost capital inflows into the country.
Wed, 25 Nov 2015
The Investment Coordinating Board (BKPM) stated that it will not revise the investment realization target in 2016 to support economic growth. "With investment contribution of 31 percent in achieving economic growth, the 2016 economic growth target of 5.
Wed, 25 Nov 2015
President Joko "Jokowi" Widodo said that Indonesia could not avoid ASEAN Economic Community (AEC). Jokowi said that today's economic competition involves competition between countries instead of individuals or cities. "AEC will take off in a month.
Wed, 25 Nov 2015
More than 10,000 Australians are estimated to live in Bali all year, or for a substantial part of it. While many consider themselves to be permanent residents, they in fact have very little legal basis for this claim.
Mon, 23 Nov 2015
Smartphone-based ride-hailing application Uber is planning to start a company in Indonesia, in the form of a foreign investment firm, an executive has said. Uber's spokesperson in Indonesia, Karun Arya, said Uber had not yet set up its corporation in Indonesia.
Mon, 23 Nov 2015
Korean mobile companies are making inroads into the Indonesian market one after another. The Korean mobile industry anticipate that Indonesia will rise as a new mobile market since the nation has the world’s fourth largest population and its many islands gave rise to the creation of a mobile ...
Fri, 13 Nov 2015
The largest-ever delegation of Australian ministers and business leaders will travel to Indonesia from November 17 to 20 for the Indonesia-Australia Business Week (IABW) 2015, the Australian Embassy said on its official website.
Fri, 13 Nov 2015
More than 300 Australian business leaders and ministers will arrive in Indonesia next week in the wake of Prime Minister Malcolm Turnbull’s visit to Jakarta, as Canberra seeks to explore new business opportunities with its northern neighbor.
Thu, 05 Nov 2015
Although Indonesian President Joko Widodo on Oct. 26 told US President Barack Obama that Indonesia plans to join the omnibus Trans-Pacific Partnership that the US has forged with 12 Pacific Rim nations, qualifying for the deal and overcoming domestic political opposition will both be major hurdles.
Thu, 05 Nov 2015
Indonesia plans to invite foreign investors to build and operate special economic zones (SEZs) to boost sluggish economic and job growth in South-east Asia's largest economy.
Wed, 04 Nov 2015
The broad sequence of events that led to the fall of President Suharto and the rise of democracy in Indonesia are well known.
Wed, 04 Nov 2015
Unemployed for much of 2015, Firman Agung now works for the Indonesian government, racing to dig a drainage ditch through his village before monsoon rains begin.
Wed, 04 Nov 2015
Pitching for greater cooperation between India and Indonesia, Vice President Hamid Ansari today said while both countries share excellent relations, their bilateral trade and investments have not realised full potential.
Wed, 04 Nov 2015
Vice President Jusuf Kalla informed visiting Indian Vice President Hamid Ansari and the accompanying business delegation at a business forum on Tuesday that Indonesia is now the right place to invest.
Thu, 29 Oct 2015
Hot on the heels of President Jokowi's visit to the US where he referred frequently to the openness of the Indonesian economy to foreign investment, the BKPM (Indonesian Investment Coordination Board) has just made massive changes to investment regulations running to hundreds of pages.
Tue, 27 Oct 2015
Changes to Manpower regulations have just been announced (See Peraturan Menteri Ketenagakerjaan No 35 Tahun 2015) amending former regulations (Peraturan Menteri Ketenagakerjaan Nomor 16 Tahun 2015) relating to foreign workers in Indonesia.
Tue, 27 Oct 2015
US President Barack Obama won Indonesia's endorsement for a contentious trans-Pacific trade deal on Monday, with the president of Southeast Asia's largest economy vowing to join.
Mon, 26 Oct 2015
The European Business Chamber of Commerce in Indonesia (EuroCham) has just released its position papers for 2013 highlighting its review of investment conditions in Indonesia for that year.
Mon, 26 Oct 2015
Indonesian President Joko Widodo will meet U.S. President Barack Obama on Monday in his first official visit to the United States since assuming office last October. Domestic reviews of Mr. Widodo’s performance are mostly negative due to deteriorating economic fundamentals.
Mon, 26 Oct 2015
When Indonesian President Joko Widodo meets Barack Obama in Washington Monday, they'll have plenty to discuss. Their agenda includes defense, climate policy, maritime cooperation and much else.
Fri, 23 Oct 2015
President Joko "Jokowi" Widodo will take along representatives from Indonesia's top startup companies on his state visit to the US next week, where his schedule includes a visit to Silicon Valley, the US' high technology and startups hub, to support the domestic startup scene.
Wed, 21 Oct 2015
The Indonesian government plans to scrap e-commerce business from its negative investment list, a move that will allow foreign investors to enter this industry, a government official says. The new rule could come into effect in early 2016.
Mon, 19 Oct 2015
The Indonesia Investment Coordinating Board (BKPM) had initiated a public discussion to revise the Negative Investment List (DNI) Friday last week. This measure is BKPM’s response to recent development in the business sector aimed at attracting more foreign investors.
Sun, 18 Oct 2015
About author: After having worked and consulted in Indonesia for various sector of the local IT industry, this Frenchman has moved to Singapore as the co-founder of DeBuNe and COO of 25Mod (OTDocs).
Fri, 16 Oct 2015
Indonesia's president will court tech giants Apple and Google during his first trip to the United States this month, seeking investment for sustainable mining and greater internet access, a senior cabinet minister told Reuters.
Thu, 08 Oct 2015
With the weakening of the rupiah and the economic slowdown throughout the year, investment has become a strategic area for the government to focus more on. To accelerate investment, the President has instructed a cut in all interlocking regulations that create bottlenecks in the investment pipeline.
Thu, 08 Oct 2015
As the first anniversary of the newly elected government approaches, Indonesian president Jokowi is finally stamping his authority to overcome the inertia that has seemingly gripped the policy makers.
Thu, 08 Oct 2015
Indonesia requires 10 locals to be hired per foreign worker. Non-resident foreign company directors need work permits.
Wed, 07 Oct 2015
Fuad Fultoni has been selling wooden furniture from Pasuruan city on the eastern side of Indonesia's Java island for 15 years: gazing out as his workers sat idly in an empty showroom, he says business has never been so bad.
Sun, 04 Oct 2015
Indonesia wants to lift itself to middle income status. To do so, the Ministry of National Development & Planning, Bappenas, has estimated the country needs Rp5.5 quadrillion ($385 billion) in infrastructure development between 2015 and 2019.
Thu, 01 Oct 2015
Indonesia’s new trade minister found a good example of the dangers of protectionism in an unlikely place: the armor-plated car of the country’s president.
Wed, 30 Sep 2015
President Joko Widodo has urged the ministries and institutions to cut down on time-consuming bureaucratic procedures and facilitate grant of permits, licenses and certificates to make it easier to do business.
Mon, 28 Sep 2015
U.S. jeans and clothing maker Levi Strauss & Co. has big ambitions for Indonesia. The nation of 250 million is the company’s fastest-growing market in Asia, and Levi’s wants to invest and expand aggressively.
Mon, 21 Sep 2015
HAVING seen cars operated by its drivers seized by Jakarta’s transport authority, ride-sharing startup Uber Technologies Inc is taking steps to legalise its operations in Indonesia, while saying that it has been having difficulty trying to engage with said authority.
Sat, 19 Sep 2015
In following up on the issuance of the government’s economic policy package last week, the Trade Ministry will ease export and import regulations to improve the business climate and ensure national stocks of basic commodities, an official has said.
Fri, 18 Sep 2015
Indonesia and the region must be prepared, both materially and psychologically, for a possible worsening of the haze situation, given both the persistence of burning practices and the blight of climate change.
Fri, 18 Sep 2015
On September 9th, President Joko Widodo announced the first of three Indonesia economic policy packages to bolster economic growth amid prolonged economic slowdown and continued depreciation of the rupiah.
Sun, 13 Sep 2015
Indonesian President Joko Widodo (Jokowi) has announced a comprehensive package of reforms aimed at reducing inflation and stabilising the exchange rate, stimulating demand through ‘deregulation’ and direct support, with a special focus on creating more jobs in small and medium enterprises ...
Sat, 12 Sep 2015
Indonesia’s Investment Coordinating Body, or BKPM, has issued a new regulation that clarifies that a request by companies to get a tax holiday must be processed within 65 working days after it is filed.
Sat, 12 Sep 2015
Singapore's experiences in urban planning could offer Indonesia a few lessons in unlocking its own metropolitan potential, according to a new report.
Fri, 11 Sep 2015
San Francisco-based ride-sharing app developer Uber Technologies says that it is "disappointed" by Bandung Mayor Ridwan Kamil's recent decision to ban the service in the city, blaming the company's latest speed bump on misinformation and "lies.
Fri, 11 Sep 2015
President Joko Widodo said here Thursday that Indonesia would be able to overcome the challenge of the current global economic slowdown. He expressed the conviction because "despite the impact of global economic slowdown political and security situation in Indonesia are conducive.
Thu, 10 Sep 2015
Indonesian president Joko Widodo has unveiled a series of stimulus measures to lift slowing growth in South-East Asia's top economy and shore up the country's plunging currency.
Thu, 10 Sep 2015
A new Indonesian push to attract foreign investors was generally welcomed on Thursday, though one particular irritant to them remains: rules aimed at curbing the foreign workforce to protect local jobs.

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