Jakarta (ANTARA) - Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu revealed that a cattle farming ecosystem can support the Free Nutritious Meal programme and reduce imports. “So this is within the framework of our main target, which is to reduce imports as much as possible. Because this is very promising. Earlier, the investors also explained that Indonesia has great potential for us to develop this.

Kuningan - Investment flows in the Rebana region, particularly in Kuningan Regency, showed a positive trend throughout 2024. Based on data from the Kuningan Regency Investment and One-Stop Integrated Services Agency (DPMPTSP), the 2024 investment value exceeded its target. The figure comprised Rp16.03 trillion in domestic investment (PMDN) and Rp395.444 billion in foreign investment (PMA).

JAKARTA. Bauxite mining company PT Cita Mineral Investindo Tbk (CITA) has affirmed that it is not involved in the practice of selling bauxite to smelters at prices below the Benchmark Mineral Price (HPM) set by the Ministry of Energy and Mineral Resources (ESDM). CITA Director Yusak Lumba Pardede said the company currently maintains a bauxite sales agreement with PT Well Harvest Winning Alumina Refinery (WHW) through a business-to-business (B2B) scheme.

JAKARTA - The Ministry of Investment and Downstreaming/BKPM, the Ministry of Transmigration, the Ministry of Agriculture, and PT Asia Beef Biofarma Indonesia have agreed on a new concept and programme to strengthen the domestic cattle industry through the utilisation of communal transmigration land. The effort to strengthen the cattle farming ecosystem involves managing transmigration land communally through community corporations.

JAKARTA — A video went viral on social media showing a group of people visiting the Krakatau Steel industrial zone in Cilegon to meet with foreign investor PT Chandra Asri Alkali. The group, allegedly comprising members of Kadin (Indonesian Chamber of Commerce and Industry) Cilegon and local community organisations, reportedly demanded a share of the total Rp15 trillion investment earmarked for constructing a factory, without any tender process.

JAKARTA - The General Criminal Investigation Directorate (Ditreskrimum) of the Banten Regional Police has named three individuals as suspects following the viral video of an alleged Rp5 trillion extortion scheme carried out by senior officials of the Cilegon Chamber of Commerce and Industry (Kadin).

JAKARTA - The General Criminal Investigation Directorate (Ditreskrimum) of Banten Regional Police has named three individuals as suspects following the viral video of an alleged Rp5 trillion extortion attempt carried out by senior figures of the Cilegon Chamber of Commerce and Industry (Kadin).

BANDUNG — The West Java Provincial Government held a Coordination Meeting of the Investment and One-Stop Integrated Services Agency (DPMPTSP) across West Java at Gedung Pakuan, Bandung. The meeting was chaired directly by West Java Governor Dedi Mulyadi and attended by the Deputy for Investment Implementation Control at the Ministry of Investment/BKPM, the West Java Regional Leadership Communication Forum (Forkopimda), and all district/city DPMPTSP offices.

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 interest whilst delivering economic benefits.