Indonesian Political, Business & Finance News

Archive: 1 May 2025

31 articles found

Two Blessings from Q1 Investment: High Job Absorption and Domestic Investor Dominance Signal Promising Crossroads for Indonesia

Jakarta (ANTARA) - The first quarter 2025 investment realisation figures contain two major blessings worthy of deeper scrutiny beyond mere macroeconomic numbers: significant job absorption and the resurgence of domestic investor dominance.

Government Pledges Full Support for Existing Investors as Lenovo Launches TKDN-Compliant Products in Batam

Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM), Todotua Pasaribu, said that the initiative is part of the government's strategy to provide full facilities and support to existing investors, not merely to attract new investment.

BYD and VinFast Factory Construction in Subang Disrupted by Thuggery from Civil Organisations

The BYD electric car factory currently under construction in Subang, West Java, has experienced serious disruptions involving civil organisations (ormas). The incident not only adds to the list of problems faced by foreign companies in Indonesia but also raises concerns about the country's...

BKPM Chief Confirms LG Remains Committed to EV Battery Investment in Indonesia, Valued at Rp46.9 Trillion

Investment Minister and BKPM Chief Rosan P. Roeslani has confirmed that LG continues to demonstrate its commitment to developing the electric vehicle (EV) battery industry in Indonesia. Although LG previously withdrew from three initial joint venture (JV) projects, the South Korean company has...

Investment Ministry Ensures Foreign Investments Deliver Positive Impact on Indonesian Economy

Jakarta (ANTARA) - The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has affirmed that investments placed in Indonesia deliver a positive impact on the economy and advance domestic industry.

First Quarter 2025 Investment Realisation Reaches Rp 465.2 Trillion, Absorbing Over 594,000 Workers

Minister of Investment and Downstream Industries/Head of BKPM and Danantara CEO, Rosan Perkasa Roeslani, revealed that investment realisation in the first quarter of 2025, which reached Rp 465.2 trillion, absorbed more than 594,000 workers.

Jakarta Records Highest Investment Realisation Nationwide at Rp 69.8 Trillion in Q1 2025

Investment realisation in Jakarta Province has recorded positive results. The Ministry of Investment and Downstreaming / Investment Coordinating Board (BKPM) recorded that investment realisation in DKI Jakarta Province in the first quarter of 2025 reached Rp 69.8 trillion, the highest in Indonesia.

Two Blessings from First Quarter Investment: Job Creation and the Rise of Domestic Investors

Jakarta (ANTARA) - The first quarter 2025 investment realisation data contains two major blessings worthy of deeper examination beyond mere macroeconomic figures: significant job absorption and the resurgence of domestic investor dominance.

Deputy Investment Minister Visits BP Batam to Accelerate Investment Growth

Batam — Deputy Head of BP Batam, Li Claudia Chandra, received a working visit from the Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM, Todotua Pasaribu, at BP Batam. Todotua and his entourage were welcomed by Li Claudia and her staff on Tuesday (29/4/2025) at the BP Batam...

DKI Jakarta Records Highest Investment Realisation Nationwide at Rp69.8 Trillion in Q1 2025

The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) recorded that investment realisation in DKI Jakarta Province in the first quarter of 2025 reached Rp69.8 trillion, the highest of any province in Indonesia.

Konawe Deputy Regent Attends International Labour Day Commemoration at Stainless Steel Plant

Konawe — Deputy Regent of Konawe H. Syamsul Ibrahim, representing Regent H. Yusran Akbar, attended the 2025 International Labour Day (May Day) commemoration held at PT Opsidian Stainless Steel (PT OSS) in Morosi District, Konawe Regency, Southeast Sulawesi, on 1 May 2025.

Illegal Mining in East Kalimantan Linked to Legacy Permitting Flaws, Says Provincial Energy Chief

Samarinda — The saga of illegal mining in East Kalimantan seems never-ending. Behind the massive pits carved out in secret lies a long-standing story of a once-convoluted permitting system. The Head of East Kalimantan's Energy and Mineral Resources Agency (ESDM), Bambang Arwanto, shed light on...

Collaboration and Welfare: May Day Commemoration in Konawe

The Konawe Regency Government commemorated International Workers' Day (May Day) 2025 at the PT OSS Morosi industrial zone. Under the theme "Weaving Togetherness for the Improvement of Worker Welfare and National Productivity," the commemoration emphasised the vital role of workers in regional...

Government Welcomes Investor Collaboration to Meet Local Content Requirements

Jakarta: Deputy Minister of Investment and Downstream Industries/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu has expressed appreciation for the collaboration between PT Sat Nusapersada and Lenovo Indonesia, which he said has empowered domestic industry.

Antam's Four Gold Exploration Permits Revoked Over Prolonged Inactivity, Not Lack of Reserves

JAKARTA. The government has revoked four gold exploration Mining Business Permits (IUP) belonging to PT Aneka Tambang Tbk (ANTM), commonly known as Antam. Antam President Director Nicolas D. Kanter stated that the revocation of the four gold exploration IUPs was not due to an absence of reserves.

Finance Ministry Switches to Gross Tax Revenue to Describe Collection Performance

JAKARTA, DDTCNews — The Ministry of Finance has once again used gross tax revenue to describe tax collection performance for January to March 2025. Gross tax revenue refers to tax receipts before deducting refunds.

First Quarter 2025 Investment Reaches Rp465.2 Trillion, Absorbing Nearly 600,000 Workers

Investment realised in the first quarter of 2025 reached Rp465.2 trillion. Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, stated that this figure is equivalent to 24.4 per cent of the annual investment target of Rp1,905.6 trillion.

Illegal Mining in East Kalimantan Rooted in Pre-OSS Licensing System, Says Provincial Official

The Head of the East Kalimantan Energy and Mineral Resources Agency (ESDM), Bambang Arwanto, has revealed that the prevalence of illegal mining in his region stems from the licensing system used before the implementation of the Online Single Submission (OSS) system.

Illegal Mining in East Kalimantan Linked to Pre-OSS Licensing System Flaws

Samarinda (ANTARA) - Head of the East Kalimantan Provincial Energy and Mineral Resources Agency (ESDM) Bambang Arwanto has revealed that the prevalence of illegal mining practices in his region is closely linked to the mining licensing system that existed before the implementation of Online Single...

Jakarta Records Highest National Investment Realisation in Q1 2025 at Rp 69.8 Trillion

Investment realisation in DKI Jakarta Province increased in 2025. Based on data from the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM), Jakarta's investment realisation in Q1 2025 (January–March) was the largest nationally, reaching Rp 69.

Government Vows to Crack Down on Thuggery by Civil Organisations Disrupting Industrial Zones

JAKARTA — Minister of Industry Agus Gumiwang Kartasasmita has stated that the government must demonstrate its commitment to tackling disruptions caused by civil organisations (ormas) in industrial zones.

Gresik Regency Expands Digital Public Services and Business Licensing to Sub-District Level

Gresik – The Investment and One-Stop Integrated Services Agency (DPMPTSP) of Gresik Regency continues to boost digital public services and proactive outreach for Business Identification Numbers (NIB).

Deputy Investment Minister Visits BP Batam to Accelerate Investment Growth

Deputy Head of BP Batam, Li Claudia Chandra, received a working visit from Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM, Todotua Pasaribu, at BP Batam. Todotua and his entourage were welcomed by Li Claudia and her staff on Tuesday (29/4/2025) afternoon at the BP Batam...

Li Claudia Chandra Welcomes Working Visit from Deputy Minister of Investment and Downstreaming Todotua Pasaribu

BATAM – Deputy Head of BP Batam, Li Claudia Chandra, received a working visit from the Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM RI, Todotua Pasaribu, at BP Batam. Minister Todotua and his entourage were welcomed by Li Claudia and her staff on Tuesday afternoon...

Three Sectors Drive Jakarta's Rp69.8 Trillion Investment in Q1 2025

Warta Ekonomi, Jakarta — Investment and Downstreaming Minister/Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, revealed that three sectors made the largest contributions to investment realisation in DKI Jakarta Province during the first quarter of 2025, which recorded Rp69.

Government Offers Wide-Ranging Incentives to Attract Investment, but Socialisation Remains Key

Jakarta — The Indonesian government offers numerous incentives to attract investment into the country, yet many investors remain unaware of them. According to Nurul Ichwan, Deputy for Investment Promotion at the Ministry of Investment and Downstreaming/BKPM, many investors are immediately...

Pasundan University Graduates New Doctor with Dissertation on Online Single Submission Policy Implementation in Cianjur

BANDUNG — The Postgraduate Programme of Pasundan University (Unpas) has produced a new doctoral graduate in Social Sciences, with Euis Jamilah officially earning her doctorate after completing her Doctoral Promotion Examination on Wednesday (30/4/2025).

Five Key Subsectors Dominate Q1 2025 Investment Realisation

Investment realisation in the first quarter of 2025 showed a positive trend, with five key subsectors dominating both foreign direct investment (PMA) and domestic investment (PMDN). Investment and Downstreaming Minister/BKPM Head Rosan Roeslani revealed that the basic metals, metal goods excluding...

Rosan Reveals Huayou Plans US$20 Billion Investment in Indonesia

Jakarta, VIVA – Investment and Downstream Industries Minister/BKPM Head Rosan Roeslani revealed that Chinese company Huayou Group plans to invest US$20 billion in Indonesia. Rosan stated that Huayou has so far realised investments worth US$8.8 billion in Indonesia.

Dutch Ambassador Reaffirms Commitment to Supporting Press Freedom in Indonesia

TEMPO.CO, Jakarta - Dutch Ambassador to Indonesia Marc Gerritsen affirmed his government's commitment to supporting media freedom in Indonesia. This was conveyed during the King's Day Celebration 2025 held in Jakarta on Tuesday.

Property Sector Ranks Fifth in Investment Realisation During First Quarter of 2025

Property has entered the top five sub-sectors with the highest investment realisation in the first quarter of 2025. The property sector in question encompasses housing, industrial estates, and office buildings.