Archive: 2 May 2025
10 articles found
Fri, 02 May 2025
South Korean Conglomerate Federation Pledges USD 1.7 Billion in Additional Investment in Indonesia
President Prabowo Subianto received an honorary visit from the Federation of Korean Industries (FKI) on Monday, 28 April 2025. Coordinating Minister for Economic Affairs Airlangga Hartarto revealed that the meeting was attended by approximately 19 major South Korean companies, 18 of which have...
Fri, 02 May 2025
South Korean Chemical Firm Dongsung Inaugurates Rp1.5 Trillion Factory in Karawang
Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, inaugurated Dongsung Chemical, a South Korean chemical company producing polyurethane (PU), in Karawang, West Java.
Fri, 02 May 2025
Investment Minister Affirms South Korean Investment in Indonesia Remains Strong
Jakarta (ANTARA) - Investment and Downstream Industries Minister/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani has affirmed that South Korean investment in Indonesia remains high, as evidenced by the inauguration of a factory belonging to South Korean chemical company Dongsung...
Fri, 02 May 2025
Investment Minister Coordinates with Police to Crack Down on Extortion by Vigilante Groups
Minister of Investment and Downstream Industries/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani has coordinated with National Police Chief General Listyo Sigit Prabowo and regional governments to eradicate thuggery by mass organisations that frequently impose illegal levies on...
Fri, 02 May 2025
Government Committed to Supporting Investors Contributing to Economic Growth
JAKARTA - Investment is one of the main components of a country's Gross Domestic Product (GDP). Increased investment can drive economic growth as it creates demand, enhances production capacity, and boosts public purchasing power.
Fri, 02 May 2025
South Korean Chemical Firm Dongsung Opens Largest Production Facility in Karawang
Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani attended the inauguration of Dongsung Chemical, a South Korean chemical company producing polyurethane (PU), in Karawang, West Java.
Fri, 02 May 2025
Government Claims Apple Investment in Indonesia Proceeding as Planned
The government claims that Apple's investment in Indonesia, particularly in Batam, is proceeding according to plan. Apple has even promised to double its investment in the country. This was conveyed by Minister of Investment and Downstreaming/Head of BKPM Rosan Roeslani during a press conference in...
Fri, 02 May 2025
LG's Withdrawal from EV Battery Project Due to Global Market Factors, Not Indonesia: IBC
Jakarta (ANTARA) - The Indonesian Business Council (IBC) has stated that the cancellation of South Korean company LG's investment in part of the electric vehicle (EV) battery consortium Grand Package project in Indonesia was not due to domestic dynamics, but rather global market factors.
Fri, 02 May 2025
Jakarta Records Highest Investment Realisation Nationwide at Rp69.8 Trillion in Q1 2025
Jakarta — Throughout the first quarter of 2025, investment realisation in DKI Jakarta Province reached Rp69.8 trillion, the highest of all provinces in Indonesia. The data was released by the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM), confirming Jakarta's...
Fri, 02 May 2025
Jakarta Records Highest Provincial Investment in Indonesia at Rp69.8 Trillion in Q1 2025
The capital has once again made history in national investment performance. Investment realisation in DKI Jakarta Province during the first quarter of 2025 reached Rp69.8 trillion, making it the province with the highest investment value in Indonesia according to data from the Ministry of...