Indonesian Political, Business & Finance News

Archive: 16 April 2025

8 articles found

Outstanding Performance by MSME Ministry: Business Registration Numbers Reach 739,000, People's Business Credit Hits Rp57 Trillion

The government’s commitment to simplifying processes and protecting micro, small and medium enterprise (MSME) operators continues to yield results. Minister of MSMEs Maman Abdurrahman reported a series of significant achievements during the first quarter of 2025, reflecting notable progress in the legalisation and financing of MSMEs in Indonesia. At a press conference following a post-Eid gathering in Jakarta on Tuesday, 15 April 2025, Minister Maman stressed the importance of transparency.

Lampung Misses 2024 Investment Target as BKPM Set Bar Too High

The Head of Lampung Province’s Investment and One-Stop Integrated Services Agency (PMPTSP), Intizam, has revealed the reasons behind Lampung’s failure to meet its 2024 investment target of 100 per cent. Investment realisation in Lampung in 2024 reached only 74.54 per cent, with Rp9.66 trillion achieved against a target of Rp12.96 trillion. Speaking on Wednesday, 16 April 2025, Intizam said the main obstacle was that the Investment Coordinating Board (BKPM) had set the target too high.

Indonesia-China Comprehensive Strategic Partnership: 75 Years of Diplomatic Relations

Of the 75 years of diplomatic relations, the Indonesia-China Comprehensive Strategic Partnership (ICCSP), established in 2013, is the era when giant leaps occurred. The value of bilateral trade in 2013 was US$52.45 billion; by 2024, it had nearly tripled to $135.17 billion, with exports accounting for 23.6 per cent of our total exports and 31.1 per cent of our total imports.

Danantara and Qatar Investment Authority Agree to Establish US$4 Billion Joint Investment Fund

TRIBUNNEWS.COM, JAKARTA - The Investment Management Agency Daya Anagata Nusantara (Danantara Indonesia) and the Qatar Investment Authority (QIA) have agreed to establish a joint investment fund worth US$4 billion, equivalent to approximately Rp 67.2 trillion (at an exchange rate of Rp 16,823). The fund will be focused on developing various sectors, including industrial downstreaming, renewable energy, and healthcare facilities in Indonesia.

MSME Ministry Disburses Rp 57.51 Trillion in People's Business Credit in Q1 2025

JAKARTA, KOMPAS.com - The Ministry of Micro, Small and Medium Enterprises (MSMEs) has disbursed people’s business credit (KUR) totalling Rp 57.51 trillion in the first quarter of 2025. Data compiled up to 31 March 2025 showed the number of debtors reached 1,014,545.

Makassar Investment Value Drops 35 Per Cent in 2024

The investment value of Makassar City throughout 2024 experienced a decline. Based on investment realisation data released by the Investment Coordinating Board (BKPM), Makassar’s investment value fell by 35.03 per cent. The total investment value for Makassar City in the January–December 2024 period reached only Rp3.82 trillion, compared with Rp5.89 trillion in 2023.

Danantara and Qatar Investment Authority to Manage US$4 Billion Joint Investment Fund

JAKARTA — The Danantara Investment Management Agency and Qatar Investment Authority will jointly manage an investment fund worth US$4 billion, equivalent to approximately Rp 67.2 trillion (at an assumed exchange rate of Rp 16,800 per dollar). The joint management arrangement is the result of an agreement reached during President Prabowo’s visit to Qatar on 13 April 2025.

Indonesia Responds to US Foreign Trade Barriers Report with Cross-Ministry Coordination

Previously, the United States, through its 2025 National Trade Estimate Report on Foreign Trade Barriers of the President of the United States on the Trade Agreements Program, raised objections to Indonesia’s trade practices. In the report, the US conveyed a number of concerns regarding cumbersome and multi-layered import licensing requirements as well as halal certification.