Indonesian Political, Business & Finance News

Archive: 14 April 2025

7 articles found

TKDN Relaxation Will Not Drive Investors Away from Indonesia, Says Deputy Investment Minister

Deputy Minister of Investment and Downstream Industries/Deputy Head of BKPM Todotua Pasaribu has spoken out regarding plans to relax Local Content Requirements (TKDN) as part of negotiations over the United States’ 32 per cent reciprocal tariffs on Indonesia. Todotua affirmed that the planned TKDN relaxation would not cause investors to flee Indonesia. He argued that the impact of the relaxation could be mitigated through protective policies, including fiscal stimulus measures.

Apple Will Not Withdraw Investment from Indonesia, Deputy Investment Minister Assures

Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM Todotua Pasaribu has assured that US technology company Apple will not withdraw its investment from Indonesia. Concerns had arisen following President Donald Trump’s imposition of a 32 per cent trade tariff on Indonesia. Todotua stated that several of Apple’s investments in Indonesia remain unchanged and are already underway.

Oil and Gas Sector Seen as Gateway for Indonesian Investment in the United States

Jakarta (ANTARA) - Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu has stated that the oil and gas sector is one of the strategic commodities with potential to serve as a gateway for Indonesian corporate investment in the United States.

Indonesia Opens Oil, Gas and ICT Investment Opportunities in US as Part of Reciprocal Tariff Negotiations

JAKARTA, investor.id – Indonesia is opening up investment opportunities in the oil and gas sector as well as information and communication technology (ICT). This forms part of the country’s negotiation efforts in response to the 32% reciprocal tariff imposed by the United States on Indonesia. “Strategically, what we see is that we can invest there, which will also be in line with what we can absorb for our own national interests.

TKDN Relaxation Will Not Affect Apple's Existing Investment in Indonesia, Says Deputy Minister

The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has affirmed that plans to relax domestic content requirements (TKDN) will not affect technology giant Apple Inc.’s existing investments in Indonesia. Deputy Minister of Investment and Downstreaming/BKPM Todotua Pasaribu said Apple is continuing to fulfil its investment commitments. Apple had previously been set to begin producing AirTags in Batam from February 2026. “There is no impact.

Investment Ministry Says TKDN Relaxation Will Not Drive Away Existing Investors

The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has assessed that the planned relaxation of local content requirement (TKDN) policies will not cause investors who have already built factories domestically to flee. The government plans to relax TKDN requirements, particularly for information and communication technology (ICT) product demands from the United States, as a bargaining tool to reduce reciprocal tariffs imposed by US President Donald Trump.

Indonesia Challenges China in South China Sea Disputes

Indonesia is robustly challenging China's South China Sea claims through diplomatic and military measures, rejecting the 'nine-dash line' and defending its Natuna exclusive economic zone against repeated incursions. The government is strengthening naval capabilities whilst leading ASEAN efforts to enforce international law and finalise a regional Code of Conduct.