Archive: 15 May 2025
47 articles found
Thu, 15 May 2025
State Must Guarantee Conducive and Sustainable Investment Climate, Says Investment Ministry
Jakarta (ANTARA) - The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) has stated its commitment to ensuring the smooth progress of PT Chandra Asri Alkali's (CAA) investment in Cilegon, Banten, as a key pillar in the national industrial downstream effort.
Thu, 15 May 2025
Investment Ministry Commits to Safeguarding Investment Climate Following Cilegon Incident
JAKARTA - The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) has committed to ensuring smooth investment flows and maintaining a conducive and attractive investment climate for investors.
Thu, 15 May 2025
Investment Ministry to Manage Business Partnership Mechanism to Combat Investor Intimidation
The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has announced it will manage a business partnership mechanism between local entrepreneurs and investors to maintain a conducive investment climate in Indonesia.
Thu, 15 May 2025
Government Offers Batam SEZ as Strategic Location for Data Centre Investment
JAKARTA - The Indonesian government, through the Ministry of Investment and Downstreaming/BKPM, is offering investors the opportunity to consider the Batam Special Economic Zone (SEZ) as a strategic location for data centre development.
Thu, 15 May 2025
Government Hands Thuggery Case Against PT Chengda Management to Police to Protect Investment Climate
Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu said his office has handed over the resolution of a thuggery case against the management of PT Chengda, the main contractor of PT Chandra Asri Alkali (CAA), a petrochemical...
Thu, 15 May 2025
Cilegon Chamber of Commerce Denies Extorting Chinese Contractor Over Chandra Asri Alkali Project
A video showing Cilegon Chamber of Commerce (Kadin) officials and local business figures demanding project allocations from Chinese contractor Chengda Engineering Co — set to develop the Chandra Asri Alkali plant — went viral on Instagram.
Thu, 15 May 2025
Cilegon Mayor Confirms National Strategic EV Battery Factory Project to Continue
Cilegon Mayor Robinsar confirmed on Thursday (15/5) that construction of the national strategic project (PSN) for an electric vehicle battery factory owned by PT Chandra Asri Alkali in Cilegon would continue as planned.
Thu, 15 May 2025
Indonesia's Q1 2025 Investment Creates 594,104 New Jobs
Jakarta — Investment flowing into Indonesia during the first quarter of 2025 successfully absorbed 594,104 new workers. Investment realisation for the period was recorded at Rp 465.2 trillion, or 24.4% of the Rp 1,905.6 trillion target.
Thu, 15 May 2025
Indonesia's Q1 2025 Investment Reaches Rp 465.2 Trillion, Up 15.9% Year-on-Year
Jakarta - Indonesia's investment realisation in the first quarter of 2025 reached Rp 465.2 trillion. According to Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani, this achievement is equivalent to 24.
Thu, 15 May 2025
Government Acts on Alleged Extortion at Chandra Asri Project in Cilegon Following Presidential Order
JAKARTA – Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM Todotua Pasaribu held a meeting with several parties following an alleged extortion incident at the PT Chandra Asri Alkali (PT CAA) project in Cilegon, Banten, reportedly involving individuals from the Cilegon Chamber...
Thu, 15 May 2025
MP Demands Comprehensive Safety Review of Morosi Nickel Industrial Zone After Spate of Workplace Accidents
Jakarta, MI - Member of House of Representatives Commission XII, Yulian Gunhar, has urged the government and all relevant parties to conduct a comprehensive evaluation of workplace safety systems in the Morosi industrial zone, Konawe Regency, Southeast Sulawesi.
Thu, 15 May 2025
Banten Province Records Rp31.1 Trillion in Investment During First Quarter of 2025
According to data from the Ministry of Investment and Downstreaming/BKPM, investment realisation in Banten Province during the first quarter of 2025 reached Rp31.1 trillion. The three highest contributing sectors were housing, industrial estates and offices at Rp4.
Thu, 15 May 2025
Investment Ministry Urges All Parties to Safeguard Indonesia's Investment Climate
JAKARTA, DDTCNews - The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has called on all parties to help maintain Indonesia's investment climate. Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM Todotua Pasaribu said the government is committed to...
Thu, 15 May 2025
Deputy Investment Minister Demands Deterrent Action Against Extortion Threatening Investment Climate
JAKARTA — Deputy Minister of Investment and Downstreaming/Investment Coordinating Board (BKPM), Todotua Pasaribu, has affirmed that any action disrupting the investment climate in Indonesia must be dealt with and serve as a deterrent.
Thu, 15 May 2025
Ministry of Investment Urges All Parties to Safeguard Investment Climate
Jakarta: The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has spoken out regarding extortion by individuals demanding Rp5 trillion in untendered project allocations from PT Chandra Asri Alkali (CAA).
Thu, 15 May 2025
Government Refers Thuggery Case Against PT Chengda Management to Police to Protect Investment Climate
Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu said his office has referred the resolution of a thuggery case against the management of PT Chengda, the main contractor of PT Chandra Asri Alkali (CAA), a petrochemical company...
Thu, 15 May 2025
Deputy Investment Minister Refers Cilegon Thuggery Case Against PT Chengda to Police
Jakarta (ANTARA) - Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu said his office has referred the resolution of the thuggery case against the management of PT Chengda, the main contractor of PT Chandra Asri Alkali (CAA), a...
Thu, 15 May 2025
BKPM Hands Alleged Intimidation of Cilegon Investors to Police, Demands Deterrent Effect
JAKARTA - Alleged thuggery against the management of PT Chengda, the main contractor of PT Chandra Asri Alkali (CAA), a petrochemical company in Cilegon, Banten, by a group of local businesspeople has now become a legal case.
Thu, 15 May 2025
Chandra Asri Apologises After Viral Extortion Allegations Against Cilegon Project
Petrochemical company PT Chandra Asri Alkali (PT CAA) issued an apology after a case of alleged extortion targeting their project in Cilegon, Banten, by local figures from the Indonesian Chamber of Commerce and Industry (Kadin) and community organisations went viral.
Thu, 15 May 2025
Government Mediates Extortion Case Affecting Chandra Asri's National Strategic Project in Cilegon
The government, through the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM), has assisted in mediating an extortion case involving a national strategic project (PSN) belonging to Chandra Asri Group subsidiary PT Chandra Asri Alkali (CAA), allegedly perpetrated by rogue...
Thu, 15 May 2025
President Prabowo Intervenes in Alleged Extortion of Chemical Plant Project in Cilegon
JAKARTA — President Prabowo Subianto has turned his attention to an alleged extortion case involving rogue businesspeople in Cilegon, Banten, who targeted those responsible for the construction of a chlor alkali-ethylene dichloride (CA-EDC) chemical plant.
Thu, 15 May 2025
Extortion Case Against National Strategic Project in Cilegon Referred to Police
BANTEN — The handling of a racketeering case involving individuals claiming to be local businesspeople who demanded Rp5 trillion in project allocations without a tender process from the management of PT Chengda in Cilegon, Banten, has been referred to the police.
Thu, 15 May 2025
Investment Ministry Safeguards Chandra Asri's Rp15 Trillion Project in Cilegon Against Intimidation
The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) has reaffirmed its commitment to ensuring the smooth progress of a strategic investment by PT Chandra Asri Alkali (CAA), a subsidiary of PT Chandra Asri Pacific Tbk (TPIA), in the Cilegon industrial zone,...
Thu, 15 May 2025
Cilegon Mayor Summoned by BKPM over Chamber of Commerce's Demand for Rp5 Trillion in Projects Without Tender
Cilegon Mayor Robinsar was summoned by the Investment Coordinating Board (BKPM) in connection with the incident involving the Cilegon Chamber of Commerce and Industry (Kadin) demanding Rp5 trillion worth of projects without a tender process, on Wednesday 14 May 2025.
Thu, 15 May 2025
BKPM Coordinates with Authorities to Prevent Repeat of Investor Extortion Cases
To ensure similar cases do not recur, the Investment Coordinating Board (BKPM) has coordinated with various parties, including the Governor of Banten, the Banten Regional Police Chief, as well as representatives from KADIN and the companies involved.
Thu, 15 May 2025
Deputy Investment Minister Demands Deterrent Action Against Extortion Threatening Investment Climate
JAKARTA — Deputy Minister of Investment and Downstreaming/Investment Coordinating Board (BKPM), Todotua Pasaribu, has affirmed that any action disrupting Indonesia's investment climate must be dealt with and serve as a deterrent.
Thu, 15 May 2025
Chandra Asri Speaks Out on Extortion at Cilegon Chemical Plant Project
Jakarta - Chandra Asri Group, the owner of the Chlor Alkali-Ethylene Dichloride (CA-EDC) chemical plant construction project in Cilegon, Banten, has spoken out regarding extortion they experienced from community organisations (ormas) and local business actors.
Thu, 15 May 2025
Rogue Kadin Official Demands Rp5 Trillion Cut; BKPM Ensures Chandra Asri's Rp15 Trillion Investment Proceeds Smoothly
JAKARTA — The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) has assured the smooth progress of PT Chandra Asri Alkali's (CAA) investment in Cilegon, Banten, as one of the key pillars in the national industrial downstream effort.
Thu, 15 May 2025
West Pasaman Issues 828 Business Permits in First Three Months of 2025
SIMPANG EMPAT – The West Pasaman Regency Government in West Sumatra, through its Investment and One-Stop Integrated Services Agency (DPMPTSP), issued a total of 828 permits during the first three months of 2025.
Thu, 15 May 2025
Five Trusted Licensing Consultants to Support Business Legality in Indonesia
Business legality is a fundamental aspect that determines the sustainability and credibility of a business in Indonesia. In practice, the licensing process can be complex and time-consuming. For this reason, the role of licensing consultants is crucial in helping business operators meet legal...
Thu, 15 May 2025
BKPM Refers Cilegon Chamber of Commerce Project Demand Case to Law Enforcement
BANTEN — The controversy surrounding the Cilegon Chamber of Commerce and Industry (Kadin Cilegon) and several mass organisations demanding project allocations from Chengda Engineering Co, the main contractor for the Chandra Asri Alkali (CAA) construction project, has drawn attention from many...
Thu, 15 May 2025
Deputy Investment Minister Hands Thuggery Case Against PT Chengda Management to Police
Jakarta (ANTARA) - Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu said his office has handed the resolution of the thuggery case against the management of PT Chengda, the main contractor of PT Chandra Asri Alkali (CAA), a...
Thu, 15 May 2025
DFSK Expands Market in Central Sulawesi
Palu (ANTARA) - PT Sokonindo Automobile, the company overseeing Chinese automotive brands DFSK and SERES, is expanding its market in Central Sulawesi through the "Untung Banget Pakai Super Cab" (Great Profits with Super Cab) campaign in Palu on Wednesday.
Thu, 15 May 2025
BKPM to Refer Cilegon Chamber of Commerce Project Demand Case to Law Enforcement as Deterrent
The dispute involving the Cilegon Chamber of Commerce and Industry (Kadin Cilegon) and several civil society organisations demanding project allocations from Chengda Engineering Co, the main contractor for the Chandra Asri Alkali (CAA) construction project, has drawn attention from numerous...
Thu, 15 May 2025
Investment Ministry Acts on President's Orders Over Viral Extortion Case at Cilegon National Strategic Project
The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) immediately followed up on President Prabowo Subianto's instructions regarding the viral case of a local businessman demanding a share in a national strategic project (PSN) in Cilegon, Banten.
Thu, 15 May 2025
BKPM Requests Police Action Against Kadin Official Who Demanded Rp5 Trillion Share in Cilegon
JAKARTA — The Ministry of Investment and Downstreaming/BKPM has called on law enforcement to take action against a Cilegon Chamber of Commerce (Kadin) official alleged to have demanded a project share from investor PT Chandra Asri Alkali (CAA).
Thu, 15 May 2025
Investment Ministry Refers Kadin Cilegon Thuggery Against Chandra Asri Project to Police
The Ministry of Investment and Downstreaming/BKPM has referred the resolution of thuggery committed by elements of the Cilegon Chamber of Commerce and Industry (Kadin) against a Chandra Asri project to the police, as the matter now falls within the domain of law enforcement to provide a deterrent...
Thu, 15 May 2025
Banten Governor and Deputy Investment Minister Lead Meeting to Resolve PT Chandra Asri Investment Dispute
Banten Governor Andra Soni and Deputy Minister of Investment and Downstreaming/BKPM Todotua Pasaribu led a facilitation meeting to resolve investment issues concerning PT Chandra Asri Alkali at the Ministry of Investment and Downstreaming/BKPM building on Jl Gatot Subroto No.
Thu, 15 May 2025
BKPM to Establish Business Partnership Mechanism Following Cilegon Extortion Case
The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has responded to an extortion case involving demands for project allocations in Cilegon. BKPM plans to create a business partnership mechanism between local entrepreneurs and investors to maintain a conducive...
Thu, 15 May 2025
Protest Wave Hits Southeast Sulawesi: Activists Demand Halt to "New-Style Economic Colonialism" at Morosi Industrial Zone
Kendari — A wave of protests has once again shaken Southeast Sulawesi. The Coalition of Student, Youth and Civil Society Activists (KOMPAS) of Southeast Sulawesi, together with a number of civil society organisations, staged a demonstration in front of the Southeast Sulawesi Provincial...
Thu, 15 May 2025
Deputy Investment Minister to Summon Individuals in Alleged Extortion of Cilegon Chemical Plant Project
JAKARTA — Deputy Minister of Investment and Downstreaming/Deputy of the Investment Coordinating Board (BKPM) Todotua Pasaribu has said his office will summon the individuals appearing in a video allegedly depicting the extortion of those responsible for the construction of a chlor alkali-ethylene...
Thu, 15 May 2025
President Prabowo Orders Action Over Alleged Extortion of Chemical Plant Project in Cilegon
JAKARTA — President Prabowo Subianto has given his attention to an alleged extortion incident involving rogue businesspeople in Cilegon, Banten, who targeted those responsible for the construction of a chlor alkali-ethylene dichloride (CA-EDC) chemical plant.
Thu, 15 May 2025
Police Probe Alleged Rp 5 Trillion Extortion of Chinese Contractor at Cilegon Petrochemical Project
Cilegon, Banten. Police have launched a probe into alleged extortion by local business actors in Cilegon, Banten, after a viral video surfaced showing individuals demanding Rp 5 trillion ($300 million) from Chinese contractor Chengda Engineering, which is building Barito Pacific Group's Chandra...
Thu, 15 May 2025
Banten Governor and Deputy Investment Minister Lead Meeting to Resolve PT Chandra Asri Alkali Investment Dispute
JAKARTA – Banten Governor Andra Soni and Deputy Minister of Investment and Downstreaming/BKPM Todotua Pasaribu led a facilitation meeting to resolve investment issues surrounding PT Chandra Asri Alkali at the Ministry of Investment and Downstreaming/BKPM building on Jl Gatot Subroto No.
Thu, 15 May 2025
Banten Governor Regrets Viral Incident Between PT Chandra Asri Alkali and Cilegon Chamber of Commerce
Banten Governor Andra Soni expressed deep regret over the viral incident between PT Chandra Asri Alkali and the Cilegon City Chamber of Commerce and Industry (Kadin). He made the remarks during a meeting led by Deputy Minister of Investment and Downstream Industries/BKPM Todotua Pasaribu to...
Thu, 15 May 2025
Deputy Investment Minister Says Extortion Cases Severely Undermine Investment Climate
Deputy Minister of Investment and Downstream Industries/Deputy Head of BKPM, Todotua Pasaribu, has said that extortion cases such as that which occurred at PT Chandra Asri Alkali (PT CAA) in Cilegon are deeply concerning and detrimental to the investment climate.
Thu, 15 May 2025
Banten Governor Takes Swift Action to Resolve Chandra Asri Investment Dispute Following Viral Incident
Banten Governor Andra Soni has taken swift action to resolve investment issues surrounding PT Chandra Asri Alkali following a viral incident involving the Cilegon Chamber of Commerce and Industry (Kadin).