Indonesian Political, Business & Finance News

Archive: 19 April 2025

6 articles found

Central Sulawesi Ranks Second Nationally for Foreign Investment as Government Sets Ambitious 2025 Targets

Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM Todotua Pasaribu has affirmed that regional governments play a strategic role in attracting direct investment, particularly in accelerating economic growth across their respective territories. During a working visit to Palu on Thursday (17/4), Todotua praised the performance of Central Sulawesi Province, which recorded investment realisation of Rp 139.88 trillion in 2024, surpassing its target by 128.27 per cent.

Regional Governments Play Strategic Role in Attracting Investment, Says Deputy Investment Minister

JAKARTA - Regional governments are considered to play an important and strategic role in attracting direct investment, particularly for the development of their respective regions and economies. This was stated by Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM), Todotua Pasaribu, during a working visit to Palu, Central Sulawesi, on Thursday (17/4/2024). The visit was conducted to review investment realisation achievements in the region.

Local Governments Play Crucial Role in Attracting Investment, Says Deputy Investment Minister

JAKARTA, Investor.id — Local governments are considered to play a vital role in directly attracting investment, particularly for regional development and economic growth. This was conveyed by Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu during a working visit to Palu, Central Sulawesi, on Thursday (17/4/2025) to review regional investment realisation achievements.

Indonesia's Payment Systems Among Key Topics in US Tariff Negotiations

Jakarta, CNBC Indonesia - A number of ministers forming part of the negotiation team are currently in Washington DC, United States, to negotiate the 32% import tariffs imposed by President Donald Trump on Indonesia. The use of Indonesian payment systems, such as the Quick Response Indonesian Standard (QRIS) and the National Payment Gateway, is among the subjects being discussed in the negotiations.

MIND ID Seeks Reinstatement of Four Revoked Antam Gold Exploration Permits

JAKARTA. Mining Industry Indonesia (MIND ID) is seeking the reinstatement of four gold exploration Mining Business Permits (IUP) belonging to its subsidiary PT Aneka Tambang Tbk (ANTM) that were previously revoked. During his tenure as Minister of the Investment Coordinating Board (BKPM), Bahlil Lahadalia revoked 2,051 IUPs out of 2,078 between 2022 and 2024. Four of those were Antam’s gold exploration IUPs located in Oksibil, Pegunungan Bintang, Papua.

Central Sulawesi Sets Rp 162.57 Trillion Investment Target for 2025 After Surpassing 2024 Goals

Jakarta — Central Sulawesi successfully attracted Rp 139.88 trillion in investment in 2024. This year, the target has been raised to Rp 162.57 trillion, equivalent to 8.53% of the national target. This was revealed during a meeting between Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu and Central Sulawesi Governor Anwar Hafid in the city of Palu.