Indonesian Political, Business & Finance News

Archive: 21 May 2025

9 articles found

Labour Union Demands Government Action After Fatal Workplace Accident at Nickel Smelter in Southeast Sulawesi

KENDARI – Grief has once again struck the nickel smelter industrial zone in Morosi District, Konawe Regency, Southeast Sulawesi. A fatal workplace accident at the PT Obsidian Stainless Steel (OSS) site has drawn sharp criticism from the Indonesian Prosperous Labour Union (SBSI) Kendari branch.

Investment Ministry Plans to Revise Investor-Local Business Partnership Rules

JAKARTA — The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) plans to revise the implementing regulations on partnerships between investors and local businesses in a given region. The aim is to provide opportunities for local enterprises to participate in such investments.

Indonesia's Investment Climate Loses Out to Vietnam Due to Licensing Difficulties, Says BKPM Official

JAKARTA — Deputy for Investment Planning at the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) Dedi Latip has revealed the reasons why Indonesia’s investment performance lags behind Vietnam’s, citing easier licensing processes and fewer on-the-ground obstacles in the rival nation. “When we look at licensing, it turns out it is indeed easier in Vietnam. Problems?

Indonesia Competes with India and Vietnam for Industrial Relocation Investment

JAKARTA - Developed nations are seeking new locations to expand their industries. The relocation of industries from one country to another is currently a growing trend. Indonesia is striving to secure new investment quotas from these industrial relocations. However, other countries such as Vietnam, Thailand and India are also competing for the same opportunities.

Immigration Ministry Partners with Investment Ministry to Tighten Foreign National Entry Oversight

DENPASAR — In its efforts to strengthen oversight and tighten entry permits for foreign nationals, the Ministry of Immigration and Corrections (Imipas) is partnering with the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM). Minister of Immigration and Corrections Agus Andrianto, speaking on the sidelines of an inspection of immigration services in Denpasar, Bali, on Tuesday (20/5), said his ministry was conducting joint operations with the Ministry of Investment.

Immigration Ministry Partners with BKPM to Tighten Foreign National Permits

Jakarta, InfoPublik — The Ministry of Immigration and Corrections (Imipas) has partnered with the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) to strengthen oversight and tighten entry permits for foreign nationals.

Indonesia Faces Talent Exodus as Skilled Workers Seek Opportunities Abroad

Indonesia confronts a significant brain drain as millions of skilled professionals emigrate for better career prospects, higher wages, and improved working conditions in neighbouring countries. The talent exodus is driven by a systemic mismatch between educational attainment and job market demands, compounded by limited career progression and controversial employer practices such as withholding graduation certificates.

Prabowo Demands Transparency and Accountability in All Danantara Investments

JAKARTA — President Prabowo Subianto has called for all investments made by Danantara to be carried out under the principles of transparency and accountability. This was conveyed by Minister of Investment and Downstreaming/Head of BKPM and concurrently Head of BPI Danantara Indonesia, Rosan Roeslani, following a meeting with Prabowo at Merdeka Palace, Jakarta, on Tuesday (20/5).

Immigration Ministry Partners with Investment Ministry to Tighten Foreign National Entry Permits

Denpasar (ANTARA) - The Ministry of Immigration and Corrections (Imipas) has partnered with the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) to conduct surveillance and tighten entry permits for foreign nationals. “We are conducting joint operations with the Ministry of Investment,” said Imipas Minister Agus Andrianto on the sidelines of an inspection of Denpasar Immigration services in Bali on Tuesday.