Archive: 16 May 2025
20 articles found
Fri, 16 May 2025, 00:00 WIB
Government Plans Integrated Livestock Ecosystem with Brazilian Investor to Support Free Nutritious Meals Programme
Jakarta — The government plans to develop an integrated livestock ecosystem, a move expected to support domestic beef and dairy supply, including for the Free Nutritious Meals (MBG) programme.
Fri, 16 May 2025, 00:00 WIB
Taiwanese Companies Express Strong Interest in Investing in Nusantara Capital City
A number of prominent Taiwanese companies have expressed strong interest in investing in the Nusantara Capital City (IKN), a rapidly developing area designated as Indonesia’s new seat of government, spanning parts of North Penajam Paser and Kutai Kartanegara regencies in East Kalimantan. The interest emerged during an official visit by a delegation from the Taipei Economic and Trade Office (TETO) to the IKN area on Friday, 16 May 2025.
Fri, 16 May 2025, 00:00 WIB
Government Vows Legal Action Against Thuggery Disrupting Petrochemical Plant Construction in Cilegon
JAKARTA — The government, through the Ministry of Investment and Downstreaming (Investment Coordinating Board/BKPM), has affirmed it will take legal action against acts of thuggery disrupting the construction of a petrochemical plant owned by PT Chandra Asri Alkali (CAA) in Cilegon, Banten. The move is aimed at maintaining a conducive investment climate in Indonesia, particularly for National Strategic Projects (PSN).
Fri, 16 May 2025, 00:00 WIB
Government to Transform Transmigration Land into Communal Cattle Farming Investment Hub
Jakarta (ANTARA) - The Indonesian government is strengthening the cattle farming industry ecosystem with a new concept that utilises transmigration land managed communally through community corporations, thereby attracting investment whilst delivering economic benefits.
Fri, 16 May 2025, 00:00 WIB
World App, Worldcoin and WorldID Now Registered as Electronic System Operators at Kominfo
World App, Worldcoin and WorldID developer Tools for Humanity has finally registered as an Electronic System Operator (PSE) with the Ministry of Communication and Informatics (Kominfo). The entity has been active since 2021. Tools for Humanity is an international technology company headquartered in the United States that is developing World ID, an online authentication system designed to verify individuals’ existence without collecting or storing their sensitive information.
Fri, 16 May 2025, 00:00 WIB
Government Pledges Proactive Steps to Maintain Conducive Investment Climate
JAKARTA, investor.id — The government has pledged to take proactive steps to maintain a conducive and attractive investment climate for investors. Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM Todotua Pasaribu explained that the government is committed to ensuring the smooth progress of PT Chandra Asri Alkali (CAA) investment as one of the key pillars in national industrial downstreaming efforts.
Fri, 16 May 2025, 00:00 WIB
Indonesia's Q1 2025 Investment Reaches Rp 465.2 Trillion: Panel to Discuss Real Impact on Society
Jakarta — Investment remains one of the primary engines driving economic growth. It is also expected to deliver tangible benefits for the public, from economic empowerment to job creation. Indonesia’s investment realisation in the first quarter of 2025 reached Rp 465.2 trillion, equivalent to 24.4 per cent of this year’s target of Rp 1,905.6 trillion. The government continues to pursue various efforts to attract investment in order to meet this target.
Fri, 16 May 2025, 00:00 WIB
Pangkep Investment Agency Intensifies OSS RBA and Gerapari Licensing Service Socialisation Across 12 Districts
PANGKEP — The Pangkep Investment and One-Stop Integrated Services Agency (DPMPTSP) is intensively conducting socialisation on the implementation of OSS RBA and Gerapari across 12 districts in Pangkep Regency. The latest session was held in Balocci District on Friday (16/5). Gerapari, or Licensing Service Kiosks, is an innovation introduced by DPMPTSP head Sulfida.
Fri, 16 May 2025, 00:00 WIB
Cilegon Business Chamber Accused of Demanding Project Shares from Foreign Investor Without Tender
A short video circulating on social media shows a group of people arriving at the Krakatau Steel industrial zone in Cilegon, requesting a meeting with foreign investors at PT Chandra Asri Alkali. The group, believed to include members of the Cilegon Chamber of Commerce and Industry (Kadin) and local community organisations, demanded a share of the total Rp15 trillion investment allocated for factory construction, without any tendering process.
Thu, 15 May 2025, 00:00 WIB
Government Focuses Data Centre Development in Batam
Jakarta (ANTARA) - Deputy for Investment Information Technology at the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM), Ricky Kusmayadi, stated that the government is focusing data centre development in Batam City, Riau Islands Province. Ricky said Batam has been chosen as the focus for data centre development due in part to its strategically advantageous geographical position.
Thu, 15 May 2025, 00:00 WIB
Cilegon Mayor Confirms EV Battery Plant Construction Continues Despite Intimidation Allegations
Cilegon (ANTARA) - Cilegon Mayor Robinsar has confirmed that the construction of the national strategic project (PSN) for an electric vehicle battery plant owned by PT Chandra Asri Alkali (CAA) will continue despite alleged intimidation by a business figure who demanded participation in the project without a tender process. “As a result of yesterday’s meeting, thankfully, the incident has not affected CAA’s position or decision.
Fri, 16 May 2025, 00:00 WIB
Chandra Asri Pacific Confirms Alleged Extortion Against Chemical Plant Construction Project in Cilegon
PT Chandra Asri Pacific Tbk (TPIA) has addressed reports of alleged extortion targeting its chemical plant construction project by local businessmen in Cilegon, Banten. The statement was made in response to a letter from the Indonesia Stock Exchange (IDX) No. S-04596/BEI.PP1/05-2025 dated 14 May 2025, requesting clarification regarding media coverage of the incident. TPIA General Manager of Legal and Corporate Secretary Erri Dewi Riani confirmed that the incident had indeed occurred.
Thu, 15 May 2025, 00:00 WIB
Indonesia's Digital Economy Predicted to Reach USD 130 Billion in 2025
Jakarta - Indonesia’s digital economy is predicted to experience a massive surge, with its value exceeding Rp 2,100 trillion. “In terms of investment realisation, Indonesia’s digital economy is predicted to reach USD 130 billion in 2025, or approximately 44% of the total digital economy in Southeast Asia.
Thu, 15 May 2025, 00:00 WIB
Deputy Investment Minister Hands Thuggery Case Against PT Chengda to Police
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 petrochemical company in Cilegon, Banten, to the police. “We regret what occurred in Cilegon, and it will be handed over to law enforcement.
Fri, 16 May 2025, 00:00 WIB
Hit with Rp5 Trillion Extortion Attempt, Will Chandra Asri Still Invest in Indonesia?
JAKARTA - An alleged extortion incident at the PT Chandra Asri Alkali (CAA) project has tarnished Indonesia’s investment climate. Moreover, the construction of the Chandra Asri Alkali plant is designated as a National Strategic Project (PSN), in accordance with Presidential Regulation Number 12 of 2025 on the National Medium-Term Development Plan (RPJMN) 2025-2029. The PSN designation was signed by Prabowo on 10 February 2025.
Thu, 15 May 2025, 00:00 WIB
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 Downstream Industries/BKPM Todotua Pasaribu led a facilitation meeting to resolve investment issues concerning PT Chandra Asri Alkali at the Ministry of Investment and Downstream Industries/BKPM building on Jl Gatot Subroto No. 44, Jakarta, on Wednesday (14/5/2025). Andra Soni expressed deep regret over the incident that went viral between PT Chandra Asri and the Cilegon City Chamber of Commerce and Industry (Kadin).
Thu, 15 May 2025, 00:00 WIB
Bali Official Highlights Issues with Online Single Submission System, Pledges Support for Regulatory Reform
Denpasar — The Online Single Submission (OSS) system has been widely discussed since the issuance of Presidential Regulation Number 91 of 2017 on the Acceleration of Business Implementation. OSS is an electronically integrated business licensing system connecting all ministries, state institutions and regional governments. The web-based OSS application facilitates the submission of complaints and licensing applications for subsequent decision-making.
Fri, 16 May 2025, 00:00 WIB
Ministry of Finance to Thoroughly Review Public Proposals for Fiscal Incentives
JAKARTA, DDTCNews – The Ministry of Finance will conduct an in-depth review of various public proposals related to the provision of fiscal incentives. The topic has become one of the highlights in national media today, Friday (16/5/2025). Vice Minister of Finance Anggito Abimanyu expressed understanding that the business community wishes to seek tax incentives to grow their enterprises.
Thu, 15 May 2025, 00:00 WIB
Investment Ministry Mediates Extortion Case Against PT Chandra Asri Alkali in Cilegon
Jakarta — The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has stepped in to mediate an extortion case experienced by PT Chandra Asri Alkali (CAA) at the hands of rogue business operators in Cilegon. The move was taken as an effort to maintain a conducive and attractive investment climate for investors.
Thu, 15 May 2025, 00:00 WIB
Banten Governor and Deputy Investment Minister Lead Meeting to Resolve PT Chandra Asri Alkali Investment Dispute
Jakarta — Banten Governor Andra Soni, together with Deputy Minister of Investment and Downstream Industries/BKPM Todotua Pasaribu, chaired a facilitation meeting to resolve investment issues surrounding PT Chandra Asri Alkali at the Ministry of Investment and Downstream Industries/BKPM building in Jakarta on Wednesday (14/5/2025). The meeting was held in response to a viral incident between PT Chandra Asri and the Cilegon City Chamber of Commerce and Industry (Kadin).