Indonesian Political, Business & Finance News

Archive: 19 May 2025

13 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.

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.

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...

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.

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...

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.

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.

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...

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%.

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.

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.

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.

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).