Indonesian Political, Business & Finance News

Archive: 26 May 2025

13 articles found

Deputy Investment Minister Offers Maritime Sector Investment to Australian and Chinese Investors

Jakarta (ANTARA) - Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu has said his office is offering maritime sector investment opportunities to investors in Australia and China.

Licensing Controversy Surrounds Dusun The Villas Accommodation Facility in Semarang Regency

SEMARANG – The licensing controversy surrounding Dusun The Villas, an accommodation facility within the Dusun Semilir tourism complex in Bawen District, Semarang Regency, has recently come under scrutiny. Circulating reports suggest that the villas have yet to obtain full permits despite already being operational and receiving guests. In response, Dusun Semilir’s management has spoken out.

Indonesia Needs Strong Strategy to Attract Maritime Industry Investment, Says Deputy Minister

Deputy Minister of Investment and Downstreaming/Vice Chairman of the Investment Coordinating Board (BKPM) Todotua Pasaribu has revealed that Indonesia requires a robust strategy to attract investment in the maritime industry sector. “What we are currently discussing is how we can manage our logistics and supply chains, because this is extremely important,” said Todotua at the Indonesia Maritime Week 2025 event at JCC Senayan, Jakarta, on Monday (26/5/2025).

Bangka Belitung Economy Could Reach 8 Per Cent Growth Through Investment, Says Ministry Official

Imam Soejoedi, Expert Staff for Macroeconomics at the Ministry of Investment/BKPM, expressed optimism that the economic growth of Bangka Belitung Islands Province could reach 8 per cent, provided it is driven by the right strategy, particularly through optimising investment channels, which could add new sources of revenue.

Indonesia Now Controls Over 60 Per Cent of Global Mineral Sales Market, Says APNI

NIKEL.CO.ID, JAKARTA – The Secretary General of the Indonesian Nickel Miners Association (APNI), Meidy Katrin Lengkey, stated that Indonesia has now captured more than 60 per cent of the global mineral sales market, thanks to the accelerated construction of processing plants and consistent downstream industrialisation policies.

Indonesia Targets Investment in Nine Strategic Sectors from Industrial Downstreaming to Nusantara Capital

JAKARTA - The Indonesian government is focusing on attracting investment into nine sectors ranging from industrial downstreaming and renewable energy development to the construction of the Nusantara Capital (IKN) in East Kalimantan.

Chinese PM Li Qiang's Visit Brings Concrete Investment Prospects Worth US$10 Billion

Jakarta (ANTARA) - Investment and Downstreaming Minister/BKPM Head Rosan Perkasa Roeslani stated that Chinese Prime Minister Li Qiang’s visit to Indonesia is not merely ceremonial but also brings prospects for concrete cooperation, including the implementation of US$10 billion in investment previously agreed upon by both nations.

Maritime Sector Investment Reaches Rp 136.3 Trillion in Q1 2025, Government Eyes Cooperation with China and Australia

Jakarta — Deputy Minister of Investment and Downstreaming/Deputy Chairman of the Investment Coordinating Board (BKPM) Todotua Pasaribu stated that investment realisation from the maritime sector was recorded at Rp 136.3 trillion of the total realisation in the first quarter of 2025. Todotua said that maritime is one of nine key sectors, and therefore the development of the maritime sector is among the government’s priorities.

Four Chinese Companies Set to Invest in Electric Vehicle Manufacturing in Indonesia

Jakarta (ANTARA) - The Daya Anagata Nusantara Investment Management Agency (Danantara Indonesia) has stated that four Chinese companies are set to invest and build electric vehicle (EV) development factories in Indonesia. “There are many, but the frontrunners are perhaps three or four. I cannot disclose their names,” said Danantara Chief Investment Officer Pandu Sjahrir at the Global Business Summit on Belt and Road Infrastructure Investment in Jakarta on Sunday.

Government Seeks Closer Economic Ties with China to Reduce US$10 Billion Trade Deficit

Jakarta — Coordinating Minister for Economic Affairs Airlangga Hartarto said the government continues to pursue stronger economic cooperation with China as part of a strategy to reduce the still-sizeable non-oil and gas trade deficit. Airlangga stated that Indonesia’s non-oil and gas trade deficit with China stands at approximately US$10 billion, or around Rp163.2 trillion (at an exchange rate of Rp16,328 per dollar).

TRK Holding Explores Rp87 Trillion HPAL Cobalt Smelter Investment with Chinese Partner

PT TRK Holding has once again demonstrated its commitment to supporting nickel industry downstreaming and strengthening the national battery ecosystem. In a strategic meeting held at BNI Codae Jakarta on 23 May 2025, TRK Holding explored a partnership to construct an HPAL cobalt smelter with Guangzhou Industrial Investment Holdings Group, a Chinese company.

Indonesian Government Targets Investment in Nine Strategic Sectors

JAKARTA - The Indonesian government is focusing on attracting investment to nine sectors ranging from downstreaming and industrial development to new and renewable energy (EBT) and the development of the Nusantara capital city (IKN) in East Kalimantan.

Kutai Kartanegara Coordinates with Investment Ministry on Forestry Carbon Trading Permits

TENGGARONG. Kutai Kartanegara (Kukar) Regional Secretary Sunggono held an audience and coordination meeting with the Ministry of Investment and Downstreaming/BKPM regarding forestry sector carbon trading activities on peatland areas outside forest zones within Kutai Kartanegara Regency, at the Ministry’s office in Jakarta on Thursday (22/5/2025). During the meeting, Kukar Regional Secretary Sunggono was accompanied by DPMPTSP Head Alfian Noor and Plantation Agency Head M Taufik.