Indonesian Political, Business & Finance News

Archive: 23 May 2025

9 articles found

Chinese Investors to Maintain Confidence in Indonesia, Says DEN Chief Pandjaitan

Beijing (ANTARA) - National Economic Council (DEN) Chairperson Luhut Binsar Pandjaitan is upbeat that Chinese investors will continue to have confidence in Indonesia and that their investments will persist in the future. "China has been satisfied with bilateral cooperation over the last decade.

Property Sector Plays Strategic Role as National Economic Driver

JAKARTA - The Coordinating Ministry for Economic Affairs has revealed that the property sector plays a strategic role as a driving force for the national economy. "This sector not only absorbs large amounts of labour, but also provides a multiplier effect on various derivative sectors such as...

British Embassy Delegation Meets BP Batam to Discuss Business and Investment Potential

BATAM - A British Embassy delegation met with the Batam Authority (BP Batam) to discuss business potential and cooperation in the Riau Islands, particularly Batam. Niall Ahern, Country Director for Business, Trade and Investment, said his visit was aimed at learning about Batam's development in...

PPPK 2024 Phase II Results Announcement Postponed: Updated Schedule and Official Links

The National Civil Service Agency (BKN) has officially announced a change to the schedule for the Government Employees with Work Agreements (PPPK) Phase II 2024 selection process. The announcement of results, originally scheduled for 22–31 May 2025, has been postponed to June 2025.

Taiwan Views Indonesia's Complex Regulations as Barrier to Investment

The Taipei Economic and Trade Office (TETO), Taiwan's de facto embassy, views Indonesia's complex regulatory environment as a barrier to investment. According to William Hsu, Director of Press and Information at TETO, Indonesia remains an attractive investment destination for Taiwan despite these...

Penajam Paser Utara Exceeds Investment Target by 145 Per Cent Amid New Capital Development

Penajam — Amid growing attention to investment activity following the relocation of the national capital to East Kalimantan, the Penajam Paser Utara (PPU) regency government has recorded achievements beyond expectations.

Illegal Accommodation on Foreign Digital Platforms Threatens Indonesia's Hotel Industry

Illegal accommodation listed on foreign digital platforms is considered a threat to the sustainability of Indonesia's hotel industry. The Ministry of Tourism has stated that the proliferation of unlicensed lodgings is one of the factors behind declining hotel occupancy rates at popular tourist...

North Penajam Paser Investment Agency Expands Digital Licensing Support for All Business Risk Categories

Penajam — The transformation of business licensing services from a manual system to a risk-based digital platform through OSS-RBA (Online Single Submission Risk-Based Approach) has not been without its challenges.

Danantara Secures Presidential Approval to Fund Downstream Investment Projects

JAKARTA - Minister of Investment and Downstreaming/Head of BKPM, who also serves as CEO of Danantara, Rosan Roeslani, attended a limited meeting on accelerating downstream development with President Prabowo at the Merdeka Palace, Jakarta, on Thursday, 22 May.