Archive: 7 May 2025
19 articles found
Wed, 07 May 2025, 00:00 WIB
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. The two figures are Deputy Minister of Investment and Downstreaming/BKPM Todotua Pasaribu and Deputy Speaker of the House of Representatives Muhaimin Iskandar, who currently serves as Coordinating Minister for Community Empowerment.
Wed, 07 May 2025, 00:00 WIB
Indonesia Has the Highest Number of Mining Permits in the World, Says ESDM Ministry
Jakarta, CNBC Indonesia — The Ministry of Energy and Mineral Resources (ESDM) has revealed that Indonesia is the country with the highest number of mining permits in the world. This was disclosed by the Director General of Minerals and Coal, Tri Winarno, during a public hearing with Commission XII of the House of Representatives (DPR RI) on Wednesday, 7 May 2025.
Wed, 07 May 2025, 00:00 WIB
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 the Danantara Trust Fund. He revealed that Danantara is currently forming the Danantara Trust Fund as part of a strategic move to broaden its social impact and sustainable development efforts.
Sun, 22 Feb 2026, 00:00 WIB
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.
Wed, 07 May 2025, 00:00 WIB
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. Rosan noted that seven electric vehicle manufacturers have been building factories in Indonesia from 2024 through to March 2025.
Wed, 07 May 2025, 00:00 WIB
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. Citing a Bloomberg report on Tuesday (6/5), the loan could potentially carry a tenor of five to seven years.
Wed, 07 May 2025, 00:00 WIB
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. In the courtyard of the Merdeka Palace, the President and Bill Gates shook hands before the President invited Gates into the credential room. The two chatted, interspersed with a photo session, after which the President invited Bill Gates into the presidential office.
Wed, 07 May 2025, 00:00 WIB
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 Danantara Trust Fund. He revealed that Danantara is currently forming the Danantara Trust Fund as part of a strategic step to expand social impacts and sustainable development.
Wed, 07 May 2025, 16:56 WIB
Remote Work Transformation Reshapes Indonesia's Economic Geography and Digital Growth
Remote work is fundamentally reshaping Indonesia's economy by decentralising economic activity to secondary cities, accelerating digital skills adoption, and creating jobs in tech sectors. The shift brings benefits including higher productivity, cost savings for businesses, and improved work-life balance, though infrastructure challenges with internet connectivity and the need for remote work training remain significant obstacles to full adoption.
Wed, 07 May 2025, 00:00 WIB
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. Global uncertainty, weak domestic demand, and seasonal factors are believed to have hampered investment growth. The Central Statistics Agency (BPS) recorded that GFCF growth reached only 2.12 per cent year-on-year in the first quarter of 2025.
Wed, 07 May 2025, 00:00 WIB
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. Upon arriving at the palace forecourt, Gates was greeted by President Prabowo with a warm handshake before the pair entered the credentials room. The meeting began with an informal chat and a photo session, before continuing in the President’s office.
Thu, 08 May 2025, 00:00 WIB
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 Rp465.2 trillion, had been fulfilled in the first quarter of 2025.
Wed, 07 May 2025, 00:00 WIB
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). According to Rosan, on Tuesday (6/5/2025), the Danantara team had already met with the Gates Foundation team. “Actually, yesterday morning we had discussions with your team.
Wed, 07 May 2025, 00:00 WIB
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 (BEV) sales growth in Indonesia has been highly significant, though he acknowledged that the number of charging stations remains limited.
Tue, 06 May 2025, 00:00 WIB
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. According to the minister, seven electric vehicle manufacturers built their factories in Indonesia in the period from 2024 to March 2025.
Tue, 06 May 2025, 00:00 WIB
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.
Tue, 06 May 2025, 00:00 WIB
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.
Tue, 06 May 2025, 00:00 WIB
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). According to data from the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM), the hotel and restaurant investment realisation covered 323,594 projects. With this figure, the hotel and restaurant sector ranked 14th out of 23 sub-sectors.
Wed, 07 May 2025, 00:00 WIB
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 domestic and foreign investors to deploy their capital efficiently and sustainably in the country.