Archive: 22 May 2025
15 articles found
Thu, 22 May 2025
AGF 2025: Amartha Courts Global Investors to Boost Grassroots Economic Potential
NUSA DUA - The grassroots economy holds enormous potential and plays a vital role in driving growth across Asia, particularly Southeast Asia. However, the MSME sector still faces a number of challenges ranging from access to financing, markets and supply chains, to low financial literacy,...
Thu, 22 May 2025
Danantara CEO Responds to Reports of Capital Injection into Garuda Indonesia
JAKARTA — CEO of Daya Anagata Nusantara (Danantara) Rosan Roeslani has responded to reports that the sovereign wealth fund will inject capital into PT Garuda Indonesia (Persero) Tbk (GIAA). Rosan did not deny the reports but stated that discussions with various parties are still ongoing.
Thu, 22 May 2025
Minister Bahlil Denies LG Pulled Out of EV Battery Investment, Says He Cancelled the Deal
JAKARTA, investor.id - Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia denied reports suggesting that South Korean company LG had decided to withdraw from its electric vehicle (EV) battery development investment in Indonesia.
Thu, 22 May 2025
Indonesian Nickel Mining Association to Develop National ESG Standards at Upcoming Forum
JAKARTA – The Indonesian Nickel Mining Association (APNI) will hold an Environment, Social, and Governance (ESG) Forum 2025. The event, themed 'Advancing Sustainable Nickel', will take place at Hotel Sultan Jakarta on 2 June 2025.
Thu, 22 May 2025
Minister Bahlil Denies LG Withdrew from EV Battery Project, Says Government Cancelled the Deal
Jakarta — Minister of Energy and Mineral Resources Bahlil Lahadalia has denied reports that South Korean company LG withdrew from its electric vehicle (EV) battery development investment project in Indonesia. He affirmed that it was the government that decided to cancel the cooperation.
Thu, 22 May 2025
Danantara to Join Huayou and CATL EV Battery Consortiums, Seeking Majority Indonesian Ownership
Jakarta, CNBC Indonesia - The Daya Anagatha Nusantara (Danantara) Investment Management Agency (BPI) has been confirmed to join the consortiums developing two electric vehicle (EV) battery ecosystem projects — one built with Zhejiang Huayou Cobalt and the other with Contemporary Amperex...
Thu, 22 May 2025
Prabowo Approves Huayou to Replace LG in Battery Investment, Groundbreaking Ready
Jakarta, VIVA – Minister of Energy and Mineral Resources Bahlil Lahadalia stated that President Prabowo Subianto has approved the continuation of Indonesia's US$9.8 billion electric vehicle battery ecosystem development project by Chinese company Huayou.
Thu, 22 May 2025
Tourism Ministry Proposes Raising Promoter Business Licence Level Following Concert Chaos
JAKARTA - The Ministry of Tourism has proposed raising the business licence level for promoters as part of efforts to safeguard and improve the event ecosystem in Indonesia. "This is to mitigate the negative impacts affecting the event ecosystem in Indonesia," said Vinsensius Jemadu, Deputy for...
Thu, 22 May 2025
President Prabowo Summons Investment Minister Rosan Roeslani to Discuss Danantara Governance and Strategic Investments
JAKARTA, binews.id — President Prabowo Subianto summoned Investment and Downstreaming Minister/BKPM Head and concurrently Head of BPI Danantara Indonesia, Rosan Roeslani, to Merdeka Palace, Jakarta, on Tuesday, 20 May 2025.
Thu, 22 May 2025
Investment Ministry Optimistic Five-Year Investment Targets Are Achievable Despite Rising Benchmarks
Bisnis.com, JAKARTA — The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) is optimistic that five-year investment realisation targets can be met despite progressively rising benchmarks.
Thu, 22 May 2025
BPJS Kesehatan Pati Branch Holds Coordination Forum to Enforce Business Entity Compliance with National Health Insurance
PATI - In an effort to strengthen the implementation of the National Health Insurance Programme (JKN) and enforce business entity compliance with mandatory participation requirements, BPJS Kesehatan's Pati Branch held a Coordination Forum on Supervision and Compliance Inspection on Wednesday...
Thu, 22 May 2025
Danantara to Focus on Renewable Energy Projects to Support Indonesia's Net Zero Target
JAKARTA, investor.id – The Daya Anagata Nusantara Investment Management Agency (BPI Danantara) will focus on developing projects related to new and renewable energy. This initiative comes as Indonesia targets achieving Net Zero Emission (NZE) by 2060 or sooner.
Thu, 22 May 2025
Danantara Boosts Foreign Investor Confidence in Indonesia, Says Investment Minister Rosan
JAKARTA, investor.id - Investment and Downstreaming Minister/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani has revealed that the establishment of the Daya Anagata Nusantara Investment Management Agency (BPI Danantara) has made foreign investors increasingly confident about...
Thu, 22 May 2025
Clean Energy Investment a Priority for Achieving 8 Per Cent Growth by 2029, Says Investment Minister
Jakarta (ANTARA) - Investment Minister and BKPM Head Rosan Roeslani stated that investment in clean energy or sustainable energy is one of the priorities being pursued to achieve 8 per cent economic growth by 2029.
Thu, 22 May 2025
Finance Minister Sri Mulyani Declines Comment on Major Ministry Reshuffle
Minister of Finance Sri Mulyani Indrawati was reluctant to comment on reports of a massive rotation within the Ministry of Finance, particularly regarding strategic positions such as the Director General of Taxes and the Director General of Customs and Excise.