JAKARTA — In a continued hearing in the alleged sugar import corruption case involving defendant former Trade Minister Thomas Trikasih Lembong, also known as Tom Lembong, it was revealed that import duty exemption facilities were granted not on the basis of a state assignment, but rather in the context of capital investment.

China is advancing its South China Sea strategy through a new maritime agreement with Indonesia that critics argue risks legitimizing Beijing's claims to Indonesian waters near the Natuna Islands. The deal exposes Indonesia's exclusive economic zone to Chinese incursions whilst undermining Jakarta's diplomatic standing with ASEAN neighbours and contradicting President Prabowo's sovereignty commitments.

SLAWI — The Ministry of Investment/BKPM has facilitated the resolution of problems faced by three companies in Tegal Regency. The facilitation was conducted for PT Sinar Sosro Gunung Slamet, Mutiara Cahaya, and PT SAS Kreasindo.

JAKARTA, KOMPAS.TV - The Indonesian government has yet to issue an official statement regarding reports that a South Korean consortium led by LG has cancelled a massive investment worth Rp130 trillion. Deputy Minister of Energy and Mineral Resources (ESDM) Yuliot Tanjung stated that his office would first need to study the cancellation of the electric vehicle battery ecosystem investment. “I do not yet know precisely how far the investment withdrawal has progressed.

TEMPO.CO, Jakarta - Director of Business Facility Services at the Ministry of Investment and Downstreaming/BKPM, Roro Reni Fitriani, stated that the provision of import duty exemption facilities for sugar-producing companies applies only to production machinery and raw materials.

TEMPO.CO, Jakarta - Director of Business Facility Services at the Ministry of Investment and Downstreaming/BKPM, Roro Reni Fitriani, revealed that import duty exemption facilities for importation activities are granted in the context of capital investment, not based on state assignments. Consequently, if a state-owned enterprise (BUMN) receives an assignment for importation activities but the purpose is not capital investment, it does not qualify for the exemption.

JAKARTA, KOMPAS — South Korean company LG Energy Solution has reportedly withdrawn an investment worth hundreds of trillions of rupiah for an electric vehicle battery supply chain project in Indonesia. LG’s departure is considered a loss for the country’s nickel downstreaming projects, and the government has been urged to publicly explain the situation.