Indonesian Political, Business & Finance News

Archive: 19 May 2025

14 articles found

Demand for Business Licence Assistance Remains High in Penajam Paser Utara

Penajam — Despite centralised assistance for the issuance of Business Identification Numbers (NIB) for Individual Service Workers (PJLP) having been conducted on the ground floor of the Penajam Paser Utara (PPU) Regent’s Office, the wave of applicants has yet to subside. The Investment and One-Stop Integrated Services Agency (DPMPTSP) of PPU continues to receive temporary workers arriving directly at the front office seeking guidance on business legalisation.

Six Miners Found Dead, 14 Missing After Landslide at Papua Gold Mine

Six miners have been found dead and 14 remain missing following a landslide at a gold mine in Indonesia’s easternmost Papua province. The landslide in the Arfak Mountains occurred on Friday evening and was triggered by heavy rainfall, according to a government spokesperson. Several temporary barracks were swept away by the landslide, and six workers have been recovered. Search operations are under way for the 14 others who remain unaccounted for.

Investment Ministry Takes Proactive Steps to Safeguard Banten's Investment Climate After Rp15 Trillion Project Disruption

Warta Ekonomi, Jakarta - The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has taken proactive steps to maintain a conducive and attractive investment climate for investors.

Indonesia Targets Rp13,032 Trillion in Investment Over Prabowo's Term Despite Land Costs and Regulatory Hurdles

Investment is one of the key drivers of Indonesia’s economic growth alongside consumption. To that end, the government through the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) is targeting annual investment growth of 15%-16% throughout President Prabowo Subianto’s term in office. This year alone, the government has set an investment target of Rp1,905 trillion, although realisation reached only 24.4% of the target in the first quarter of 2025.

Investors Fear Investing in Indonesia Due to Thuggery, Says Investment Ministry Official

Jakarta - Deputy for Investment Planning at the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) Dedi Latip revealed that investors are afraid to invest in Indonesia due to disruptions caused by thuggery. He discovered this after meeting with a number of investors planning to invest in Indonesia. “We feel it ourselves when we meet with investors.

Investment Ministry Official Reveals Key Obstacles Hindering Investment in Indonesia

Jakarta — Deputy for Investment Implementation Control at the Ministry of Investment and Downstreaming/BKPM, Edy Junaedi, has openly outlined a series of problems that frequently obstruct incoming investment, even as the government has set an ambitious target of Rp 1,905 trillion in investment this year. One of the issues raised by Edy is the question of land. Beyond land acquisition difficulties, land prices in Indonesia are considered more expensive than in other Southeast Asian countries.

Lewotobi Laki-Laki Volcano on Flores Sends Ash Cloud 3.5 Kilometres into the Sky

A 56-second eruption from the Lewotobi Laki-Laki volcano on the Indonesian island of Flores on Sunday sent an ash cloud 3.5 kilometres into the air. Indonesian authorities have imposed a ban on all activity within six kilometres of the volcano. They have also urged residents in villages near the volcano to remain vigilant for volcanic mudflows and to cover their noses and mouths should ash fall in their vicinity.

Government Demands End to Investment Disruptions, Cites Chandra Asri Case in Banten

Jakarta - Deputy for Investment Implementation Control at the Ministry of Investment and Downstreaming/BKPM, Edy Junaedi, has called for an end to disruptions against investment activities. Edy raised the case in Banten, where a chemical plant project belonging to Chandra Asri Group was subjected to interference. Edy explained that the government works collaboratively to address investment disruptions starting from the regional level.

BKPM Chief Visits KPK to Discuss One-Stop Investment Licensing Service

TEMPO.CO, Jakarta - Head of the Investment Coordinating Board (BKPM) Franky Sibarani visited the Corruption Eradication Commission (KPK) building on Tuesday, 6 January 2015. Franky said his visit was to discuss three matters. “To consult regarding the One-Stop Integrated Service,” Franky said at the KPK building on Tuesday, 6 January 2015. In addition, Franky, who met with two KPK Deputy Chairmen, Zulkarnain and Adnan Pandu Praja, also intended to report his assets and wealth.

BKPM Encourages Data Centre Investment Outside Java, Eyes Batam Special Economic Zone

The Investment Coordinating Board (BKPM) is encouraging investors to establish data centres outside Java, with the Batam Special Economic Zone (SEZ) being considered a strategic location for development. Deputy for Investment Information Technology at the Ministry of Investment and Downstreaming/BKPM, Ricky Kusmayadi, said Batam’s geographical proximity to Singapore makes the area highly promising for supporting the regional digital ecosystem.

Investment Minister Confident 2025 Target of Rp 1,905 Trillion Is Achievable

Jakarta — Investment and Downstreaming Minister/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani expressed confidence that the 2025 investment target can be met. This year’s investment target is set at Rp 1,905 trillion, of which Rp 465.2 trillion (24.4%) had already been realised in the first quarter of 2025. Rosan also expressed hope that investment realisation figures could exceed the set target.

Domestic Investment Dominates Q1 2025 with 50.5% Share of Total Realisation

Jakarta — Investment figures for the first quarter of 2025 were dominated by Domestic Direct Investment (PMDN), which accounted for 50.5% of the total, or Rp 234.8 trillion. This exceeded Foreign Direct Investment (PMA), which stood at Rp 230.4 trillion or 49.5%. Total investment realisation for the period reached Rp 465.2 trillion.

Empowering Women: Indonesia's Next Big Leap

Indonesia has made progress in women's representation with more female parliamentarians and ministers, yet significant gender disparities persist—female labour force participation stands at 53% compared to 82% for men, and few women hold board seats or CEO positions. The article argues that women's empowerment is both a moral imperative and an economic necessity, with concrete investments in childcare and credit access essential to closing gaps.

Deputy House Speaker Inspects Hajj Departure Readiness at Kertajati Embarkation

MAJALENGKA — Deputy Speaker of the House of Representatives (DPR RI), Cucun Ahmad Syamsurijal, conducted a direct inspection of the departure readiness for Hajj pilgrim groups (Kloter) 13 and 14 at the Kertajati Embarkation facility in Majalengka, West Java, on Sunday (18/5). During his visit, Cucun highlighted the importance of synergy among Hajj officers in providing optimal services to Indonesian pilgrims.