{
    "success": true,
    "data": {
        "id": 1871792,
        "msgid": "dpr-urges-indonesia-to-seize-opportunity-as-global-wealth-seeks-safe-haven-1784620405",
        "date": "2026-07-21 14:14:52",
        "title": "DPR Urges Indonesia to Seize Opportunity as Global Wealth Seeks Safe Haven",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Indonesia's House of Representatives (DPR) has fast-tracked the International Financial Centre Indonesia (PFII) law to attract global capital unsettled by geopolitical turmoil. Lawmakers argue the nation must compete with countries like Uzbekistan and Vietnam to become a new home for shifting global wealth. The legislation, mandated by the P2SK Law, is expected to significantly boost investment and national economic growth, with Bali considered a potential location.",
        "content": "<p>Jakarta, CNBC Indonesia - Indonesia has officially enacted the\nInternational Financial Centre Indonesia (PFII) Law. The government and\nthe House of Representatives (DPR) managed to finalise it in a short\ntime to ensure Indonesia does not lose momentum. This was conveyed by\nMember of Commission XI of the Indonesian House of Representatives,\nMohamad Hekal, to reporters after the DPR Plenary Session on Tuesday.\n\u201cIndeed, this is a programme we have somewhat prioritised, because the\nspirit is that with the uncertain global situation, there is a huge\nopportunity for the movement of funds that we must seize,\u201d he explained.\nThe global uncertainty has been triggered by geopolitical tensions in\nthe Middle East, particularly since the attacks by the United States\n(US) and Israel on Iran several months ago. The war has spread to other\nregions, causing turmoil in financial markets and raising concerns among\ncapital owners. \u201cSo we hope that the movement of global money can find a\nnew home in Indonesia,\u201d he stressed. Financial centres are not only\nbeing developed by Indonesia. Countries like Uzbekistan and Vietnam are\nalso doing the same to attract funds from capital owners. \u201cSo we are\nindeed in a bit of a race. Indonesia really needs investment for its\neconomic growth,\u201d he said. The PFII is a mandate from the Financial\nSector Development and Strengthening Law (P2SK). The PFII Law consists\nof 10 chapters and 73 articles which have been discussed according to\nlegislative procedures. It will later be further detailed in a\nGovernment Regulation (PP). \u201cIt is not rushed, it is indeed a mandate\nfrom the P2SK Law,\u201d Hekal stated. Bali is a possible location for the\nfinancial centre. According to Hekal, the PFII will have a significant\nimpact on investment, financial markets, and national economic growth.\n\u201cThe hope is that they are here, their money follows, and the investment\nopportunities are right in front of them, so they do not find it too\ndifficult with tax regulations and other matters, while rules outside\nthe PFII area remain the same,\u201d he concluded.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/dpr-urges-indonesia-to-seize-opportunity-as-global-wealth-seeks-safe-haven-1784620405",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}