Indonesian Political, Business & Finance News

Archive: 18 April 2025

16 articles found

Indonesia Crafts Economic Stimulus Package to Shield Exports from US Tariffs

Jakarta. Indonesia is crafting an economic stimulus package to shield its export-driven economy from retaliatory tariffs imposed by US President Donald Trump, as trade tensions between the two nations threaten to disrupt investment and job-heavy industries. Chief Economic Affairs Airlangga Hartarto said on Friday that the government is working on a comprehensive policy response to cushion domestic businesses from the impact of higher US tariffs, which could push duties on Indonesian exports.

Central Sulawesi Investment Target Raised to Rp150 Trillion Following Record 2024 Performance

Deputy Minister of Investment and Downstream Industries/Deputy Head of BKPM Todotua Pasaribu said the investment realisation target has been raised after the province successfully attracted Rp139.88 trillion in investment, surpassing its target by 128.27 per cent.

Deputy Investment Minister Visits Central Sulawesi to Review Investment Targets

Jakarta — Deputy Minister of Investment and Downstream Industries/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu conducted a working visit to Palu, Central Sulawesi, on Thursday (17/4) to review regional investment realisation achievements. During the visit, Todotua met with Central Sulawesi Governor Anwar Hafid to discuss the development of investment potential in the province.

Central Sulawesi Governor Urges Central Government to Prioritise Investment in Western Region

PALU, Central Sulawesi — Central Sulawesi Governor Dr H. Anwar Hafid has called on the central government to prioritise investment in the western part of Central Sulawesi. The governor conveyed this aspiration at his office while receiving a working visit from Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu and his entourage on Thursday (17/4/2025).

Investment Ministry Strengthens Collaboration with Central Sulawesi to Accelerate Rp162.57 Trillion Investment Target

Jakarta (ANTARA) - The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) is strengthening collaboration with stakeholders in Central Sulawesi Province to accelerate the achievement of an investment target of Rp162.57 trillion in 2025.

Domestic Consumption Remains Primary Pillar of Indonesia's Economic Growth

JAKARTA, investor.id - Minister of Investment and Downstream Industries cum Head of BKPM, Rosan Roeslani, stated that domestic consumption remains the primary pillar driving national economic growth. According to data, household consumption currently accounts for more than half of Indonesia’s Gross Domestic Product (GDP). “Household consumption contributes 54%. So domestic consumption remains the main support for our economic growth,” Rosan told reporters on Friday (18/4/2025).

Palu City Government Welcomes Arrival of Deputy Minister of Investment and Downstreaming

The Acting Assistant for Administration and Economic Affairs at the Palu City Regional Secretariat, Rahmat Mustafa, was present to welcome the arrival of Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM), Todotua Pasaribu, on Thursday (17/04/2025). The reception took place at Mutiara Sis Aljufri Airport in Palu with a warm atmosphere and local cultural touches.

Property Sector Contributes Rp122.9 Trillion to National Investment

Jakarta: The property sector, particularly the housing, industrial estate and office subsectors, has contributed Rp122.9 trillion to national investment. This figure represents 7.2 per cent of total national investment realisation last year.

Indonesia and US Agree to Complete Trade Negotiations Within 60 Days

Jakarta, CNBC Indonesia — A negotiation team from Indonesia, dispatched by President Prabowo Subianto, has been sent to negotiate the 32% reciprocal tariff imposed by United States President Donald Trump on Indonesia. The team, led by Coordinating Minister for Economic Affairs Airlangga Hartarto, has arrived in the United States and held meetings with the US Department of Commerce and the United States Trade Representative (USTR).

Property Investment Trends in Indonesia Shifting Towards Sustainable Development, Says Investment Ministry

The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has stated that property investment trends in Indonesia are currently moving towards environmentally friendly and sustainable development. This was conveyed by BKPM Director of Downstreaming Promotion Development Rakhmat Yulianto at the Indonesia CEO & Leaders Forum 2025: Redefining Indonesia’s Sustainable and Investment-Driven Property Sector in Jakarta on Thursday (17/4/2025).

Landak Police Hold Coordination Meeting on Loud Exhaust Crackdown

Landak (Suara Kalbar) — Landak District Police held a coordination meeting on the handling of illegal loud exhaust pipes (knalpot brong) within their jurisdiction, at the Landak Police BKPM office in West Kalimantan on Thursday (17/4/2025). Landak Police Chief AKBP Siswo Dwi Nugroho emphasised the importance of all stakeholders’ participation in maintaining order and security in Landak Regency.

Southeast Sulawesi Immigration Office Conducts Foreign Worker Data Collection at OSS and VDNI Nickel Plants

KONAWE — The Regional Office of the Directorate General of Immigration for Southeast Sulawesi, together with the Kendari Class I Immigration Office, carried out data collection and surveillance of foreign nationals at PT Obsidian Stainless Steel (OSS) and PT Virtue Dragon Nickel Industry (VDNI) in Konawe Regency, Southeast Sulawesi, on Tuesday to Wednesday, 15–16 April 2025.

North Kolaka Police Name Two Juvenile Suspects in Islamic Boarding School Burning Case

North Kolaka Police have named two juvenile suspects in a case involving the alleged burning of a student at the Al Islam Meeto Islamic boarding school on Thursday (17/4/2025). Head of Criminal Investigation at North Kolaka Police, AKP Fernando Oktober, explained that the two juvenile perpetrators, identified by the initials H (12) and AM (14), have been named as suspects but were not detained due to being minors.

Immigration Office Conducts Foreign Worker Data Collection at Two Mining Companies in Konawe

KENDARI – Data collection on foreign nationals at two mining companies, PT Obsidian Stainless Steel and PT Virtue Dragon Nickel Industry in Konawe Regency, has commenced by the Class I Immigration Office TPI Kendari together with the Regional Office of the Directorate General of Immigration for Southeast Sulawesi.

Deputy Minister of Investment Visits Palu to Review Special Economic Zone Progress

Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM), Todotua Pasaribu, visited Palu, Central Sulawesi. Pasaribu arrived at Mutiara Sis Aljufri Airport on Thursday morning (17/4/2025) at 06.30 WITA aboard a Garuda Indonesia flight and was welcomed directly by regional officials, including Central Sulawesi Deputy Governor Dr Reny A.

Central Sulawesi Deputy Governor Welcomes Deputy Investment Minister for 2025 Investment Target Consolidation

Central Sulawesi Deputy Governor Reny A Lamadjido received a working visit from Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM), Todotua Pasaribu, at Mutiara Sis Aljufri Airport in Palu on 17 April 2025.