Archive: 7 May 2025
17 articles found
Wed, 07 May 2025
Two Senior Officials Allegedly Closely Involved in Worldcoin Project in Indonesia
Two prominent figures in Indonesia are alleged to have been closely overseeing the Worldcoin project, a global technology venture by US-based Tools for Humanity (TFH), which developed the World ID digital identity system.
Wed, 07 May 2025
Danantara to Establish Trust Fund with US$100 Million Annual Allocation
JAKARTA - Chief Executive Officer (CEO) of Danantara and Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani has outlined Danantara's strategic commitment to strengthening the role of the sovereign wealth fund through the establishment of...
Wed, 07 May 2025
PLN West Sumatra Commits to Supporting Plantation and Agricultural Downstream Processing
Pekanbaru (ANTARA) - PLN Main Distribution Unit (UID) West Sumatra has committed to supporting the downstream processing of plantation and agricultural products, in line with government programmes. As part of this commitment, PLN UID West Sumatra invited several palm oil business operators in the...
Wed, 07 May 2025
Government Revises Regulations to Allow Third Parties to Build EV Charging Stations
Jakarta (ANTARA) - Investment and Downstream Industries Minister/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani said the government has revised a regulation to allow third parties to build electric vehicle charging stations.
Wed, 07 May 2025
CATL Reportedly Seeking US$1 Billion Loan to Fund Battery Cell Factory in Karawang
JAKARTA. Chinese electric vehicle (EV) battery producer Contemporary Amperex Technology Co. Ltd. (CATL) is reportedly seeking approximately US$1 billion, equivalent to Rp 16.4 trillion, in funding to support the construction of a battery cell factory in Karawang, West Java.
Wed, 07 May 2025
President Prabowo Welcomes Bill Gates at Merdeka Palace to Discuss Sustainable Development
JAKARTA — President Prabowo Subianto welcomed the arrival of Microsoft founder and global philanthropic figure Bill Gates at the Merdeka Palace, Jakarta, on Wednesday 7 May morning at 08.15 Western Indonesian Time.
Wed, 07 May 2025
Danantara Establishes Trust Fund with US$100 Million Annual Allocation
JAKARTA — Danantara's Chief Executive Officer (CEO) and Minister of Investment for Downstreaming/Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, has conveyed Danantara's strategic commitment to strengthening the role of state wealth funds through the establishment of the...
Wed, 07 May 2025
President Prabowo Receives Bill Gates at Merdeka Palace to Discuss Sustainable Development
Jakarta (DMS) – President Prabowo Subianto received a visit from Microsoft founder and global philanthropist Bill Gates at Merdeka Palace, Jakarta, on Wednesday morning (7/5) at 08.15 Western Indonesian Time.
Wed, 07 May 2025
Investment Growth Slows Sharply in Early 2025 Amid Global Uncertainty and Weak Domestic Demand
JAKARTA, KOMPAS — Slowing growth in gross fixed capital formation (GFCF), consistent with investment realisation data for the first quarter of 2025, paints a picture of sluggish investment at the start of the year.
Wed, 07 May 2025
Ministry of Investment Faces Challenge of Keeping Investment Commitments from Fleeing Abroad
The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) faces a considerable challenge in ensuring investment commitments do not migrate to other countries. This year's investment realisation target stands at Rp1,905.6 trillion, of which only 24.4%, or Rp465.
Wed, 07 May 2025
Rosan Introduces Danantara Trust Fund to Bill Gates at Merdeka Palace Meeting
JAKARTA — Minister of Downstream Industries and Investment/Head of BKPM and CEO of Danantara Indonesia, Rosan P Roeslani, introduced the Danantara Trust Fund to Gates Foundation founder Bill Gates during a meeting at Merdeka Palace, Jakarta, on Wednesday (7/5/2025).
Wed, 07 May 2025
Investment Ministry Seeks EV Charging Station Investors, Plans Regulatory Revision
JAKARTA - The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) is working to attract investors for public electric vehicle charging stations (SPKLU) in Indonesia. Minister of Investment and Downstreaming/Head of BKPM Rosan Roeslani said that battery electric vehicle...
Wed, 07 May 2025
Government Revising Rules to Allow Third Parties to Set Up EV Charging Stations
Jakarta (ANTARA) - Minister of Investment and Downstreaming and head of the Investment Coordinating Board (BKPM) Rosan Roeslani informed that the government is revising the rules to allow third parties to set up electric vehicle charging stations in Indonesia.
Wed, 07 May 2025
Riau Governor and Regents Meet Investment Minister to Accelerate Regional Investment and Downstream Processing
Riau Province is recognised as a region with significant investment potential and abundant natural resources, presenting considerable opportunities for investors. In an effort to open up these investment opportunities, Riau Governor Abdul Wahid, together with regents and mayors from across the...
Wed, 07 May 2025
Riau Governor and Regional Heads Meet Investment Minister to Accelerate Regional Development
JAKARTA - Riau Province is known as a region with significant investment potential and abundant natural resources, making it an attractive destination for investors. In an effort to unlock these investment opportunities, Riau Governor Abdul Wahid, together with regents and mayors from across the...
Wed, 07 May 2025
Hotel and Restaurant Investment Reaches Rp 10.85 Trillion in Q1 2025
Investment realisation in the hotel and restaurant sector reached Rp 10.85 trillion in the first quarter of 2025, encompassing both Domestic Direct Investment (PMDN) and Foreign Direct Investment (PMA).
Wed, 07 May 2025
BKPM: Indonesia's Investment Coordinating Board and Its Role in Strengthening the Investment Climate
BKPM, or the Investment Coordinating Board, is a non-ministerial government agency that plays a vital role in strengthening Indonesia's investment climate. In the face of global economic dynamics and increasingly fierce regional competition, BKPM serves as the front line in facilitating both...