Indonesian Political, Business & Finance News

Archive: 24 May 2025

12 articles found

Chinese Premier Li Qiang Begins State Visit to Indonesia, Bringing 60 Business Leaders

JAKARTA, KOMPAS — Chinese Premier Li Qiang began his state visit to Indonesia by meeting business figures in Jakarta on Saturday evening (24/5/2025). During his three-day official visit, Li Qiang will also meet President Prabowo Subianto and House of Representatives Speaker Puan Maharani. Premier Li Qiang arrived at Halim Perdanakusuma Air Force Base in Jakarta at 15.21 local time on Saturday.

Indonesia and China to Explore New Investment Projects During PM Li Qiang's Jakarta Visit

The governments of Indonesia and China are set to explore a number of new investment projects across various sectors during Chinese Premier Li Qiang’s visit to Jakarta from 24 to 26 May 2025. Li Qiang is also scheduled to meet with President Prabowo Subianto.

Chinese Premier Li Qiang Arrives in Jakarta for Three-Day State Visit

JAKARTA, KOMPAS.TV - Premier of the People’s Republic of China Li Qiang was welcomed directly by Minister of Investment and Downstreaming/Head of BKPM, Rosan Roeslani, upon his arrival at the Indonesian Air Force’s Halim Perdanakusuma Air Base in Jakarta on Saturday afternoon (24/5/2025). Li Qiang descended from an Air China aircraft and shook hands with Rosan Roeslani and the welcoming delegation.

Government to Deploy Unconventional Measures to Boost Oil Lifting to One Million Barrels Per Day

TEMPO.CO, Jakarta - Energy and Mineral Resources Minister Bahlil Lahadalia has stated that the government will employ innovative and unconventional measures to push national oil production, or oil lifting, to one million barrels per day by 2028–2029. The move is in line with President Prabowo Subianto’s directive to realise a vision of national energy self-sufficiency.

Chinese PM Li Qiang Arrives in Indonesia for Three-Day State Visit

Chinese Prime Minister Li Qiang arrived in Indonesia on Saturday (24/5) for a three-day state visit. PM Li was welcomed by Minister of Investment and Downstreaming/Head of BKPM Rosan Roeslani after landing aboard a Boeing Air China aircraft at the Indonesian Air Force’s Halim Perdanakusuma Air Base at approximately 14:40 Western Indonesian Time. PM Li was warmly greeted by Rosan, who was waiting at the foot of the aircraft stairs.

Investment Minister Rosan Welcomes Chinese PM Li Qiang's Arrival

Minister of Investment and Downstreaming/Head of BKPM Rosan Roeslani welcomed the arrival of Chinese Prime Minister Li Qiang at the Halim Perdanakusuma Air Force Base in Jakarta on Saturday (24/05/2025). Li Qiang’s three-day state visit from 24 to 26 May 2025 includes a scheduled meeting with President Prabowo Subianto on Sunday (25/05) at the State Palace in Jakarta.

Investment Ministry Develops Handbook on International Investment Treaty Obligations

The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) is preparing a handbook on international agreements. The initiative aims to improve government officials’ understanding in order to promote investment and downstreaming in Indonesia. BKPM Deputy for Investment Cooperation, Tirta Nugraha Mursitama, said the handbook would be highly beneficial.

PPPK 2024 Phase II Results Announcement Postponed, Updated Schedule Released

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

Lumajang Legislature Uncovers Land Area Discrepancies in PT Kalijeruk Plantation Investigation

The Lumajang Regency Legislature (DPRD) has uncovered a series of suspected violations in its investigation into community complaints against PT Kalijeruk, a plantation company operating in Kalipenggung Village, Randuagung District, Lumajang. Following a hearing held on Friday (23 May 2024) at the DPRD Lumajang office involving several local government agencies, DPRD Chairwoman Hj.

Prabowo Approves Transfer of EV Battery Project from LG to China's Huayou

The electric vehicle battery downstream project previously managed by the LG consortium has now been transferred to Chinese company Huayou. This was announced by Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia following a limited cabinet meeting chaired by President Prabowo at the Presidential Palace in Jakarta on Thursday, 22 May 2025. Bahlil stated that the project is now ready for groundbreaking. “It has been decided and approved by the President.

Investment Ministry Develops International Treaty Handbook to Boost Investment and Downstreaming

Jakarta (ANTARA) - The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) is developing an international agreement handbook to improve government officials’ understanding, thereby boosting investment and downstreaming in the country.

President Prabowo Approves Transfer of EV Battery Investment from LG to China's Huayou

JAKARTA — President Prabowo Subianto has approved the transfer of the electric vehicle battery ecosystem investment project from the LG consortium to the Zhejiang Huayou Cobalt Co consortium, a Chinese company. Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia said the EV battery ecosystem project investment amounts to US$9.8 billion. Of this, US$1.2 billion had already been undertaken by the LG consortium.